Silver Standard expands zone at Pitarrilla (June 05, 2006)
Vancouver – The first deep hole drilled to test the Breccia Ridge zone has intersected silver mineralization with …
News
Political, social stability ensures Chile’s copper future
Santiago, Chile — Way back in January, copper industry analysts thought US$2.50-per-lb. copper was “unthinkable,” but with over a dollar added to that, until recently it seemed that the copper price…
Voisey’s Bay delivers the goods
Notwithstanding Inco’s (N-T, N-N) bid for Falconbridge (FAL.LV-T, FAL-N) and the subsequent unsolicited takeover offer launch by Teck Cominco (TEK.SV.B-T, TCKBF-O), the big story this past year for In…
Hot market has juniors eyeing zinc oxides
With base metal prices at record highs, it’s hardly surprising that zinc oxide deposits, despite their reputation for difficult metallurgy, are making a comeback among junior miners….
Gold Fields grabs for South Deep voice
With shares soured after a recent accident at the South Deep mine in South Africa, Gold Fields (GFI-N, GOF-L) has boosted its stake in the mine’s half owner Western Areas (WARSF-O)….
Nautilus samples deep-sea deposits (June 05, 2006)
Vancouver — Ocean-floor explorer Nautilus Minerals (NUS-V, NUSMF-O) has returned high-grade copper-gold values from drilling and sampling of a seabed sulphide zone at its Solwara 1 project off the co…
Minago yields deep grades
The latest pair of holes by Nuinsco Resources (NWI-T, NUIRF-O) on the Minago sulphide nickel deposit, about 70 km south of Wabowden, Man., have delivered starkly different results….
Acadian set to buy Gays River mine
Looking to take advantage of the spike in base metal prices, Acadian Gold (ADA-V, ADGLF-O) has entered into a definitive agreement with HudBay Minerals (HBM-T, HBMFF-O) to purchase the Gays River zinc…
Kalukundi copper deposit shows strong economics
Another Congolese copper project has received a positive feasibility study, this time the Kalukundi deposit in the Kolwezi area of Katanga province….
LME Warehouse Levels (June 05, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 29, 2006 (change from May 22 in brackets):…
Daily Metal Prices (June 05, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Spot Prices Courtesy of Scotiabank Tuesday, May 30, 2006
| Precious Metals | Price (US$/oz.) | Change |
| Gold | $652.25 | -9.45 |
| Silver | $12.90 | +0.03 |
| Platinum…
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