News

Vancouver — Soaring molybdenum prices have induced Amerigo Resources (ARG-T) to add facilities to recover the metal at its Minera Valle Central plant, near Santiago, Chile.

Fortune Minerals (FT-T) has received an updated resource estimate for its Lost Fox coal deposit, 150 km northeast of Stewart, B.C.

Vancouver — The dormant heap-leach pads at Vista Gold‘s (VGZ-T) Hycroft mine in Nevada still contain about 600,000 oz. gold, and Pintail Environmental Solutions intends to extract some of it using microbes.

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…

Less than two months after De Beers withdrew from the Festival diamond project near Wawa, Ont., Pele Mountain Resources (GEM-V) has found a new partner in Goldcorp (G-T). The two companies h…

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 21 (change from June 28 in brackets):…

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…

Antimony: Mid-mkt US$2,525/t.

The trading period ended June 28 was punctuated by the early transfer of power in Iraq from U.S. authorities to an interim Iraqi government. The move sent energy stocks lower while, more broadly, the Dow Jones Industrial average dropped 37.98 poin…

Crowflight Minerals (CML-V) is geting a chance to join the ranks of nickel producers by acquiring Falconbridge‘s (FL-T) Bucko resource block, in the Thompson nickel belt of Manitoba.

Wheaton River Minerals (WRM-T) has announced a 20% increase in reserves at the Alumbrera gold-copper mine in Argentina.

Wolfden Resources (WLF-T) has intersected significant copper-zinc-silver-gold mineralization on the High Lake property, about 175 km east-southeast of Kugluktuk, N.W.T.