First Metals heading underground at Fabie
The province of Quebec has issued a permit to First Metals (FMA-T) to extract a 50,000-tonne bulk sample from the Fabie Bay copper deposit in northwestern Quebec, allowing quick feasibility work on th…
News
Beacon mill sold
Northern Star Mining (NSM-V, NSMSF-O) continues its garage-sale prowl in northwestern Quebec’s Abitibi region. Having already bought a bargain headframe and hoist for its underground operation at Midw…
African Copper to go ahead at Dukwe (October 23, 2006)
African Copper (ACU-T, AFNCF-O, ACU-L) will start construction of a mine at the Dukwe copper project in Botswana, with the hope of starting production in 2008.
Crescent Gold nears production Down Under
LAVERTON MINE TO POUR GOLD BY YEAR-END
Daily Metal Prices (October 23, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Producer and Dealer Prices (October 23, 2006)
Antimony : Mid-mkt US$5,240/t.
LME Warehouse Levels (October 23, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 16, 2006 (change from Oct. 9 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, Oct. 17, 2006
Precious Metals Price (US$/oz.) Change Gold $594.90 +17.65 Silver $11.85 +0.64 Platinum $1094.00 +10.00 Palladium $323.00 +17.00 Base Metals Price (US$/lb.) Change Nickel $15.26 +0.29 Lead $0.70 +0.03 Copper $3.44…
TSX Rights & Warrants (October 23, 2006)
Agnico Eagle Mines (AEM.WT.U) — Wt buys sh @ US$19 to Nov 14/07.
Canadian Stock Exchange Indices (October 23, 2006)
Date Oct. 16 Oct. 13 Oct. 12 Oct. 11 Oct. 10 High Low S&P/TSX-Ven Comp 2422.18 2393.35 2356.83 2343.48 2361.4 3309.90 1957.46 TSX Composite 12061.54 11908.57 11719.09 11619.14 11755.15 12494.72…
When it rains it pours in Pine Valley
The list of problems for junior coal-producer Pine Valley Mining (PVM-T, PVMCF-O) is long: a washplant with poor recoveries; a pit with more oxidized coal than expected; and a loan agreement that coul…
Editorial: McEwen’s right, but does anyone still care?
While Rob McEwen and Ian Telfer are two of mining’s most successful CEOs, you couldn’t get more pronounced differences in personality and style, with McEwen, the obsessive maverick, embodying the clas…