Nico Feasibility Positive
A full feasibility study on the Nico gold-cobalt-bismuth deposit in the Northwest Territories has shown favourable economics, so owner Fortune Minerals (FT-T) is planning production in 2010.
News
Happy Creek Disappoints
Penny junior Happy Creek Minerals (HPY-V) saw its share price fall off a table recently, after releasing drill results from its Rateria copper property in southern B.C.
First Narrows Cuts More Chester High-Grade
Vancouver — Resource definition drilling by First Narrows Resources (UNO-V, FNRWF-O) on its Chester project in New Brunswick’s Bathurst mining camp continues to deliver wide, high-grade copper interc…
Suppliers (February 12, 2007)
Scott Wilson RPA to study Tulks Hill
People (February 12, 2007)
Keegan Res. — Roman Shklanka appointed to advisory board.
Teck Cominco Mulling Options for Gold Assets
Vancouver — With about 50% of its exploration budget devoted to copper, Teck Cominco (TCK.B-T, TCK-N) is mulling over what to do with its gold operations, and will likely make a decision once its Pog…
Lonmin Finishes AfriOre Takeover
Lonmin’s (LNMIF-O, LMI-L) all-cash offer for AfriOre (AFO-T, AFO-L) has succeeded, attracting 94% of AfriOre’s shares.
Producer and Dealer Prices (February 12, 2007)
Antimony: Mid-mkt US$5,360/t.
LME Warehouse Levels (February 12, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 5, 2006 (change from Jan. 29 in brackets):
Daily Metal Prices (February 12, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Spot Prices Courtesy of Scotiabank Tuesday, Feb. 5, 2007
Precious Metals Price (US$/oz.) Change Gold $653.90 +11.65 Silver $13.66 +0.51 Platinum $1180.00 +18.00 Palladium $341.00 +6.00 Base Metals Price (US$/lb.) Change Nickel $18.09 -0.21 Lead $0.73 -0.04 Copper $2.43…
TSX Short Positions (February 12, 2007)
Short positions outstanding at Jan. 31/07 (with changes from Jan. 15).