Noront buoyed by high-grade
VANCOUVER–Noront Resources (NOT-V, NOSOF-O) posted a 20% gain in recent trading on drill results the company says are its highest grade to date from the Double Eagle project, in northeastern Ontario.
News
Golden Goose plans resource upgrade
As Golden Goose Resources (GGR-V, GOOSF-O) gets its 2008 drill season under way at the Lac Levac nickel project in Quebec, the company is collecting the final assays from a 7,150-metre program complet…
Study finds Gladstone Pacific mega-nickel project viable
Gladstone Pacific Nickel’s (GPN-T, GPN-L)vision is to build a nickel-cobalt refinery at the deepwater port of Gladstone, in Queensland, Australia, that would treat high-grade nickel laterite ores from…
France denies Iamgold permits
The government of France has rejected the final permit applications needed to start open-pit construction at Iamgold’s (IMG-T, IAG-N) Camp Caiman gold project, in French Guiana, a protectorate of Fran…
Semafo banks on Mana
Semafo (SMF-T, SEMFF-O) president and CEO Benoit La Salle made his entry into West Africa’s mining scene in the mid-1990s — before there was a scene to speak of.
LME Warehouse Levels (February 11, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb 5, 2008 (change from Jan. 19 in brackets):
Goldrush follows the artisanal miners in Burkina Faso
At a recent Richmond Club luncheon at the tony National Club, in Toronto, Don Willoughby of Goldrush Resources (GOD-V, GDRRF-O) generated some laughs when he kicked off his presentation with reference…
Spot Prices Courtesy of Scotiabank (February 11, 2008)
Tuesday, February 5, 2008 Precious Metals Price ( US$/ oz.) Change Gold $ 889.75 – 37.75 Silver $ 16.51 – 0.24 Platinum $ 1766.00 + 50.00 Palladium $ 415.00 + 31.00 Bas…
Etruscan boosts Blue Gum diamond resource
For the last four years, Etruscan Resources (EET-T, ETRUF-O), through its 53.7%-owned subsidiary Etruscan Diamonds, has been quietly buying up properties in South Africa’s Ventersdorp alluvial diamond…
Good gold grades from Northgate’s Young-Davidson (February 11, 2008)
VANCOUVER–As if to offset its setback at its Kemess North copper-gold project in B.C., Northgate Minerals (NGX-T, NXG-X) is pulling strong gold grades out of its Young- Davidson project in Ontario.
Goldcorp sells Silver Wheaton stake for $1.57B (February 11, 2008)
Goldcorp (G-T, GG-N), one of the world’s biggest gold miners, has found buyers for its entire 48% stake in the unique pure silver play, Silver Wheaton (SLW-T, SLW-N), leaving the company with a windfa…
Producer And Dealer Prices (February 11, 2008)
Antimony: Mid-mkt US$6,000/t.