Core from Northair’s EL Reventon shows strong silver
Vancouver — The first drill results from International Northair Mines’ (INM-V, INNHF-O) El Reventon project, in Mexico, are revealing strong near-surface silver mineralization.
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Camec caves on Katanga bid
Central African Exploration and Mining Co. (Camec) (CEAMF-O, CFM-L) did the expected last week when it withdrew its all-share offer for Toronto Stock Exchange-listed Katanga Mining (KAT-T, KATFF-O).
Tabakoto to shut down (September 17, 2007)
Nevsun Resources (NSU-T, NSU-X) has announced it will mothball the Tabakoto gold mine in western Mali, citing low grades and poor operating performance.
Fury Explorations upgrades resource at Taylor
Fury Explorations (FUR-V, FURXF-O) says a new resource estimate for its open-pit silver mine project near Ely, Nev., bodes well for the startup of production, scheduled for the fourth quarter of next …
Daily Metal Prices (September 17, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Spot Prices Courtesy of Scotiabank Tuesday, Sept. 11, 2007
Precious Metals Price (US$/oz.) Change Gold $703.50 +30.00 Silver $12.57 +0.74 Platinum $1257.00 +35.00 Palladium $334.00 +5.00 Base Metals Price (US$/lb.) Change Nickel $12.42 -0.30 Lead $1.32 -0.04 Copper $3.28…
North American Stock Exchange Indices (September 17, 2007)
Date Sept. 10 Sept. 7 Sept. 6 Sept. 5 Sept. 4 High Low S&P/TSX-Ven Comp 2668.37 2697.07 2704.46 2645.02 2675.28 3372.00 2291.43 TSX Composite 13625.49 13651.21 13795.69 13683.28 13755.23 14646.82…
Noront soars higher on Double Eagle
Vancouver — Following a meteoric share price rise based on visual mineralization in a couple of recent drill intercepts from its Double Eagle project, in northern Ontario’s James Bay Lowlands, Noront…
Correction (September 17, 2007)
In the Commentary “R. v. Felderhof — an industry post-mortem” (T.N.M., Aug. 13-19/07) we incorrectly stated that the defence’s expert witness, the late Terry Leach, “was also the only witness suspect…
Producer and Dealer Prices (September 17, 2007)
Antimony : Mid-mkt US$5,440/t.
Anooraq inks deal to become a major platinum producer in Africa
It took three long years of negotiations but Anooraq Resources (arq-v, ano-x) has finally inked a deal that will transform the Canadian junior exploration company into a significant platinum metals pr…