Zinc-copper find in Matagami boosts Donner shares
A new zinc-copper discovery at the Matagami project in Quebec sent Donner Metals (DON-V) shares up more than 33% to…
News
Tyler pulls more holes at Bahuerachi
Eight recent reverse-circulation holes drilled by Tyler Resources (TYS-V) at the Bahuerachi copper deposit in south…
Bauxite shipments stopped as violence in Guinea grows
As the general strike in Guinea escalates in size and violence shipments of bauxite from Compagnie des Bauxites de …
Event: Lawrence to talk Red Lake at next Toronto CIM
Simon Lawrence, president and chief executive of Gold Eagle Mines (GEA-T), will present a talk titled “Red Lake: Hi…
Iberian to reopen Aguas Tenidas
Seville, Spain — Iberian Minerals (IBZ-V, IZNFF-O) president and CEO Peter Miller was “in the jungles of Venezuela,” where the junior had acquired a number of gold properties, when he was first appro…
Inco slows production in Indonesia
Dry weather has forced Companhia Vale do Rio Doce (RIO-N) subsidiary CVRD Inco to cut weekly nickel output by about 130 tonnes at its Indonesia unit because the reservoir levels at its hydroelectric p…
African Metals options copper belt claims
Vancouver — African Metals (AFR-V, AFMCF-O) has inked an option deal on a large land position in the Katanga copper belt of southeastern Democratic Republic of the Congo (DRC).
Shear recovers its largest diamond to date from Churchill
While results remain pending for a 19.5-tonne mini-bulk sample collected from a network of four new kimberlite dyke discoveries on the Churchill joint-venture project in eastern Nunavut, further micro…
CVRD, Baosteel set iron prices
Companhia Vale do Rio Doce (RIO-N), the world’s largest iron ore producer, has wrapped up the 2007 iron ore price negotiations with China’s Baosteel Group, the country’s largest steelmaker.
Daily Metal Prices (January 22, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
LME Warehouse Levels (January 22, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 15, 2006 (change from Jan. 8 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, Jan. 16, 2006
Precious Metals Price (US$/oz.) Change Gold $625.60 +13.60 Silver $12.84 +0.48 Platinum $1140.00 +16.00 Palladium $331.00 -3.00 Base Metals Price (US$/lb.) Change Nickel $16.03 +1.11 Lead $0.75 +0.03 Copper $2.56…