Metallica gets $30 million bought deal boost
Vancouver – Metallica Resources (MR-T, MRB-X) has arranged a $30 million bought deal financing enabling it to conti…
News
Rubicon to spin off African and Newfoundland assets
It’s been a long time coming, but there is light at the end of the tunnel for Rubicon Minerals (RMX-T, RBY-X), whic…
HudBay budgets $45 million
As part of a plan to develop marginal deposits while metal prices are high, HudBay Minerals (HBM-T) will be spe…
Shore wishes upon a Star
Long perceived as consisting of little more than low-grade, highly complex, geological oddities, the Fort la Corne kimberlite field in north-central Saskatchewan is now known to host one of the most…
Lake Shore adds to Timmins West
Vancouver — Lake Shore Gold (LSG-T, LSGGF-O) has delivered a significant resource increase at its Timmins West project, located about 18 km west of Timmins, Ont.
Alexco drilling at Keno Hill
Vancouver — Investors drove the stock of Alexco Resources (AXR-T, AXORF-O) to a new 52-week high of $5.10 recently, encouraged by the latest results from a Yukon silver project managed by the company…
De Beers opens diamond centre
De Beers officially opened Canada’s first Diamond Display Centre recently. The centre, which is located at De Beers Canada headquarters in Toronto, is the first permanent display of this type outside …
Pirquitas to go into production (December 04, 2006)
Silver Standard Resources (SSO-T, SSRI-Q) will go ahead with construction of a mine at its Pirquitas silver project in Jujuy province, Argentina, which would produce about 9 million oz. per year over …
Gold Hawk set to restart Coricancha
Vancouver — Recent Peruvian government resolutions lifting a 2002 “stop work order” on the concentrator at its Coricancha gold- silver-lead-zinc mine, located 90 km east of Lima in west-central Peru,…
Oxiana adds Kalimantan projects
Australian copper and gold producer Oxiana (OXFLY-O, OXR-A) has signed an agreement with Vancouver junior Kalimantan Gold (KLG-V, KMGLF-O) to earn an interest in Kalimantan’s KSK copper-gold property …
LME Warehouse Levels (December 04, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 27, 2006 (change from Nov. 20 in brackets):
Daily Metal Prices (December 04, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)