Montreal-based Alcan has doubled to 40% its stake in the 243,000-tonne, low-cost Aluminerie Alouette smelter in Sept-Iles, Que.The company, which already had a 20% stake in the facility, acquired Coru…
Cancor Mines (KCR-T) has agreed to acquire Aur Resources’ (AUR-T) 49% stake in the Turgeon polymetallic project in Quebec.To acquire the stake, and attain full ownership, Cancor will issue 100,000 sha…
With five new kimberlite discoveries under their belt, Diamonds North Resources (DDN-V) and Canabrava Diamond (CNB-V) are embarking on a helicopter-borne geophysical survey to firm-up additional drill…
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 3Sept. 2Aug. 30Aug. 29Aug. 28Al Alloy1221/123…
A market rout on September’s first trading day in the U.S. might be a sign of further carnage to come this fall. For the report period ended Sept. 3, the major indices retested post-9-11 lows, with th…
Vancouver — An independent audit has confirmed Minefinders’ (MFL-T) resource estimate for the Dolores project in Mexico’s Chihuahua state.Pincock, Allen & Holt verified a measured, indicated and infe…
Having bought its own vessel, Diamond Fields International (DFI-T) is preparing to renew marine diamond production off the coast of Namibia.The junior’s main concession covers more than 70 km of coast…
Temex Resources (YTM-V) has completed an initial 4-hole, 698-metre drill program on the Juby gold project, 22 km west of Gowganda, Ont.Three of the holes were performed infilling on the eastern portio…
Precious MetalsPrice (US$/oz.)ChangeGold$312.70+$1.75Silver$ 4.47-$0.03Platinum$545.00-$…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 3Sept. 2Aug. 30Aug. 29Aug. 28US$ in C$1.5543Holiday1.55891.
Antimony: Recent trades US$1,900-2,150/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.30/lb.Copper: Comex Dec US$0.6835/lb….
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