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…
2006
U.S. Markets October 10-16
Modest rises on United States stock markets were overshadowed by big gains in the mining equities during the reporting period Oct. 10-16. While the Standard & Poor’s 500 index rose just 18.39 poin…
Dividends (October 23, 2006)
Company Div. Pay Record ($) Date Date Royal Gold 0.055* Oct 20 Oct 6 Goldcorp 0.015* Oct 27 Oct 20 Pr Mtls Mng Trust 0.05 Nov 15 Oct 31 Alcoa…
Strike averted at Teck’s Highland Valley
Vancouver — Teck Cominco (TCK.B-T, TCK-N) and Local 7619 of the United Steelworkers of America have averted a strike at the Highland Valley copper mine, 60 km southwest of Kamloops, B.C., with worker…
Beacon mill sold
Northern Star Mining (NSM-V, NSMSF-O) continues its garage-sale prowl in northwestern Quebec’s Abitibi region. Having already bought a bargain headframe and hoist for its underground operation at Midw…
African Copper to go ahead at Dukwe (October 23, 2006)
African Copper (ACU-T, AFNCF-O, ACU-L) will start construction of a mine at the Dukwe copper project in Botswana, with the hope of starting production in 2008.
Crescent Gold nears production Down Under
LAVERTON MINE TO POUR GOLD BY YEAR-END
Exchange Rates (October 23, 2006)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
TSX Venture Exchange October 10-16
Trading on the TSX Venture Exchange showed definite signs of life over the Oct. 10-16 report period as bargain-hunting investors bid up resource stocks battered by the commodity correction of late sum…
Daily Metal Prices (October 23, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ 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):