Alexis prepares Lac Pelletier for bulk sample
Alexis Minerals (AMC-T, AXSMF-O) is steering its Lac Pelletier gold project near Rouyn-Noranda, Que., towards a production decision, but first the company is getting the mine and the property ready fo…
News
People (December 17, 2007)
Bolivar Mining — Michael Ellis appointed to recently created position — chief engineering and mining officer.
Mirabela Nickel’s Santa Rita shines
When Mirabela Nickel’s (MNB-T, MBN-A) Santa Rita hard rock nickel deposit in Brazil starts producing 18,500 tonnes of nickel in concentrate a year beginning in mid-2009, it will be one of the world’s …
Lead surprise for Zincore (December 17, 2007)
Zincore Metals (ZNC-T) has found a little more lead than expected in its Yanque zinc oxide deposit in southern Peru.
Western Troy adds up at Macleod Lake (December 17, 2007)
Thanks to a field season’s drilling, Western Troy Capital Resources (WRY-V, WTCRF-O) has updated the resource estimate at its Macleod Lake molybdenum-copper project in north-central Quebec.
Aurelian intersects gold in infill, stepout holes (December 17, 2007)
Recent resource-definition drilling by Aurelian Resources (ARU-T, AUREF-O) at the Fruta del Norte gold-silver deposit in southern Ecuador has yielded several long, high-grade intersections.
Kodiak cuts more Hercules high-grade (December 17, 2007)
Vancouver — Drilling by Kodiak Exploration (KXL-V, KXLAF-O) on its Hercules gold project, in the Beardmore-Geraldton greenstone belt of northwestern Ontario, has tapped into more high-grade mineraliz…
Peak Gold raises $110M
Vancouver — A $110-million financing will help Peak Gold (PIK-V, PIKGF-O) move ahead with continued exploration and efforts to increase production efficiencies at its Amapari and Peak mines, even tho…
LME Warehouse Levels (December 17, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 10, 2007 (change from Dec. 3 in brackets):
Pebble Creek plans $10M for India
Vancouver — India-focused explorer Pebble Creek Mining (PEB-V, PBLEF-O) plans a $10-million financing to advance its Askot copper-zinc project.
Daily Metal Prices (December 17, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Spot Prices Courtesy of Scotiabank Tuesday, Dec. 11, 2007
Precious Metals Price (US$/oz.) Change Gold $806.75 +16.50 Silver $14.62 +0.37 Platinum $1462.00 +2.00 Palladium $345.00 -2.00 Base Metals Price (US$/lb.) Change Nickel $11.80 +0.20 Lead $1.10 -0.18 Copper $3.01…