Pardo trenching delivers significant values for Endurance
Vancouver — Trenching by Endurance Gold (EDG-V) on its Pardo property, located 65 km northeast of Sudbury in northern Ontario, has returned a significant interval of gold mineralization.
2006
Northgate extends Young-Davidson
Four holes drilled this summer by Northgate Minerals (NGX-T, NXG-X) have confirmed that two gold-mineralized zones at the Young-Davidson mine west of Matachewan, Ont., continue to depth, and permits a…
Midway drilling pushes Spring Valley north
Vancouver — Drilling by Midway Gold (MDW-V, MDWGF-O) on the North Hill target at its Spring Valley project in northwestern Nevada has hit a new zone of gold mineralization.
Spot Prices Courtesy of Scotiabank Tuesday, Oct. 23, 2006
Precious Metals Price (US$/oz.) Change Gold $578.40 -16.50 Silver $11.57 -0.28 Platinum $1065.00 -29.00 Palladium $317.00 -6.00 Base Metals Price (US$/lb.) Change Nickel $15.42 +0.16 Lead $0.69 +0.01 Copper $3.38…
Nautilus contracts to build deep-sea mining vessel (October 30, 2006)
Vancouver — Nautilus Minerals (NUS-V, NUSMF-O) and Belgium-based Jan De Nul Group have reached a tentative agreement that would see a deep-sea mining vessel built for use at a Nautilus project in the…
AngloGold cements new Russian alliance (October 30, 2006)
AngloGold Ashanti (AU-N, AGD-L, ANANO-J) has concluded a deal with Russian gold producer Polymetal for a strategic alliance in gold exploration in the Russian Federation, which has left one London-lis…
Rio Tinto throws weight behind Oyu Tolgoi
Ivanhoe Mines (IVN-T, IVN-N) wowed the market in mid-October, by laying the groundwork for a partnership with Rio Tinto (RTP-N, RIO-L) to get its massive Oyu Tolgoi copper-gold project in southern Mon…
U.S. Markets October 17-23
There was much enthusiasm over the Oct. 17-23 trading session, as the Dow Jones Industrial Average closed above the 12,000 mark for the first time — and it did so on the anniversary of Black Monday, …
TSX Venture Exchange October 17-23
Renewed buoyancy was evident in the junior mining-dominated S&P-TSX Venture Composite Index last week, which turned in a gain of 39.09 points over the Oct. 17-23 trading session to close at 2,461….
LME Warehouse Levels (October 30, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 23, 2006 (change from Oct. 16 in brackets):
St Andrew buys Holloway assets from Newmont
St Andrew Goldfields (SAS-T, SASXF-O) has agreed to buy subsidiary Holloway Mining from Newmont Mining (NMC-T, NEM-N), moving the Holloway and Holt-McDermott mines and a large land package into the St…
Buffalo Gold cuts more Mount Kare high-grade
Vancouver — Buffalo Gold’s (BUF.U-V, BYBUF-O) Mount Kare project in Papua New Guinea continues to deliver wide, high-grade gold intercepts in the latest drilling on the North-Western Roscoelite zone …