Suppliers News (August 06, 2007)
Goldcliff hires Fugro to survey B.C. properties
News
Strathmore teams with Sumitomo in New Mexico
Strathmore Minerals (STM-V, STHJF-O) will form a joint venture with Tokyo-based Sumitomo to develop its Roca Honda project, in New Mexico.
Equinox finds new uranium targets at Lumwana (August 06, 2007)
As significant uranium drill results pour in for Equinox Minerals’ (EQN-T, EQN-A) revised Lumwana feasibility study, the company is finding new anomalies outside the study area of the project, in nort…
Pad slide suspends Bellavista operations
Vancouver — Glencairn Gold (GGG-T, GLE-X) has suspended all operations at its Bellavista mine in Costa Rica following recent ground movement concerns at the site.
Fortuna, Continuum exploring San Jose expansion
Vancouver — Joint-venture partners Fortuna Silver Mines (FVI-V, FVITF-O) and Continuum Resources (CNU-V, CUUEF-O) are hitting good gold and silver grades all around the defined resource at the San Jo…
Avino drills new zones at old Mexican mine
Vancouver — Avino was once described as a “mountain of silver” by the Spaniards who mined it for a few hundred years starting in the 1500s. Now held by Avino Silver & Gold Mines (ASM-V, ASGMF-O),…
Goldcorp sells Penasquito contract
Vancouver — Goldcorp (G-T, GG-N) has closed a deal to sell one-quarter of future silver production from its Penasquito mine, in Mexico’s Zacatecas state, to Silver Wheaton (SLW-T, SLW-N) for US$485 m…
LME Warehouse Levels (August 06, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 30, 2007 (change from July 23 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, July 30, 2007
Precious Metals Price (US$/oz.) Change Gold $666.75 -16.00 Silver $12.93 -0.41 Platinum $1292.00 -36.00 Palladium $365.00 -4.00 Base Metals Price (US$/lb.) Change Nickel $14.31 -1.35 Lead $1.41 -0.16 Copper $3.70…
Daily Metal Prices (August 06, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Producer and Dealer Prices (August 06, 2007)
Antimony : Mid-mkt US$5,450/t.
North American Stock Exchange Indices (August 06, 2007)
Date July 30 July 27 July 26 July 25 July 24 High Low S&P/TSX-Ven Comp 3179.96 3163.25 3152.30 3225.50 3253.08 3372.00 2291.43 TSX Composite 13864.72 13748.53 13844.60 14105.32 14068.16 14646.82…