LME Warehouse Levels (November 05, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 29, 2007 (change from Oct. 22 in brackets):
News
Colt picks up where the Romans left off
SITE VISIT Penedono, Portugal — On a windswept granite hillside dotted with scrub bushes near this historic town, you can still see marks left by the picks and chisels of…
Correction (November 05, 2007)
Canadian Royalties holds a 2% net smelter return royalty in its Expo-Ungava property, which is part of its Nunavik Nickel project. An article in our Oct. 29-Nov 4/07 issue incorrectly stated that Unga…
Centerra agreement on hold
An investment agreement reached between Centerra Gold (CG-T, CAGDF-O) and the Kyrgyz government is on hold as the body needed to stamp its approval is no more.
Red Hill finds more coal in Mongolia (November 05, 2007)
In less than a year of exploration in Mongolia, Red Hill Energy (RH-V, RHFFF-O) has built a coal inventory of more than 1 billion tonnes — a 193% increase in tonnage since Sept. 10 — from two coal p…
Private investment for Clarence Stream (November 05, 2007)
A deal between Freewest Resources Canada (FWR-V, FWERF-O) and a private New Brunswick company, Rockport Mining, will put up to $7.5 million into the ground at the Clarence Stream and Otter Lake gold p…
TSX Debentures (November 05, 2007)
Alamos Gold (AGI.DB-T) — 5.5% convertible at holder’s option to common shares (AGI-T) at $5.30 before maturity or redemption.
Bayswater to absorb Northern Canadian Uranium (November 05, 2007)
Vancouver — Bayswater Uranium (BAY-V, BYSWF-O) has inked a deal to take over Northern Canadian Uranium (NCA-V, NCADF-O) for its property portfolio in Wyoming’s Powder River basin, northern Saskatchew…
International Quotes (November 05, 2007)
Australia (A$) Oct 22 Oct 15 Change Bendigo Mining 0.31 0.28 0.03 Centamin Egypt 1.47 1.44 0.03 Emperor Mines 0.07 0.07 0.00 Kingsgate Cons. 5.45 5.24 0.21 Lion Selection Ltd…
Tyhee’s Nicholas Lake shows promise (November 05, 2007)
Tyhee Development (TDC-V, TYHJF-O) is one step closer to deciding whether it can mine its Nicholas Lake deposit, in the Yukon, as an open-pit resource, now that it has hit significant gold intersectio…
TSX Preferred and Exchangeable (November 05, 2007)
Falconbridge S2 Pr (FAL.PR.A-T) — Convertible at shldr’s optn and 14 days notice to one Series 3 preferred (FAL.PR.B-T) on five-year anniversaries from March 1/09.
CVRD invests big in Canadian nickel (November 05, 2007)
In the largest annual investment program ever undertaken by a mining company, Companhia Vale do Rio Doce has approved a budget of US$11 billion for 2008 — a portion of which will be channelled into n…