Dominion hangs on high U price (August 14, 2006)
A uranium mine at SXR Uranium One’s (SXR-T, SXRFF-O, SXR-J) Dominion project near Klerksdorp, South Africa, would be very sensitive to uranium prices, a feasibility study says….
2006
Daily Metal Prices (August 14, 2006)
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Newmont sees strong earnings in Q2
Vancouver — Shares of Newmont Mining (NMC-T, NEM-N) slipped almost 5% the same day it announced earnings of US$161 million (36 per share) in its latest second quarter, up 83% from last year’s corres…
Aurora drills wide uranium at Michelin
Vancouver — Drilling on Aurora Energy Resources’ (AXU-T, AUEGF-O) Michelin deposit in the Central Mineral Belt of coastal Labrador has intersected a number of wide, higher-grade uranium intervals….
Further delays for Platinex in native land dispute
After a 5-month delay of its exploration drilling program at Big Trout Lake, in northern Ontario, junior explorer Platinex (PTX-V) is facing at least another five months of paralysis, owing to an Onta…
Toronto Stock Exchange august 1-4
The market made marginal gains over the holiday-shortened Aug. 1-4 period, with the S&P-TSX Composite Index up 105.72 points to 11,936.68 as a slight rise in unemployment made further increases in…
TSX Venture Exchange august 1-4
On the back of steady precious and base metal prices, the S&P-TSX Venture Composite Index chiselled out a modest gain of 32.85 points to close at 2,646.62 over the midsummer holiday-shortened Aug….
Acadian looks at Scotia startup
Acadian Gold (ADA-V, ADGLF-O) is hoping to move to early production at the Scotia Zinc project near Gays River, N.S., after receiving results of a recent feasibility study….
The Uzbek taxman cometh (August 14, 2006)
The government of Uzbekistan has seized some gold and banned further shipments of the yellow metal from Newmont Mining’s (NMC-T, NEM-N) 50%-owned Zarafshan heap-leach operation in the Kyzylkum desert,…
High River takes on Russian silver project (August 14, 2006)
The Russian subsidiary of High River Gold (HRG-T), Buryatzoloto, has lined up an agreement with private Russian company Gazteck Industry that will give Buryatzoloto a 50% interest in an undeveloped si…
Teck snaps Inco’s olive branch (August 14, 2006)
Teck Cominco (TCK.B-T, TCK-N) has politely declined Inco’s (N-T, N-N) invitation to the negotiating table, instead preferring to stick to its game plan and existing cash-and-share takeover bid for the…
U.S. Markets august 1-7
Trading on U.S stock markets was flat over the report period Aug. 1-Aug. 7, with the Standard & Poor’s 500 Index up barely a point to close at 1,275.77. Three penny juniors were the most active tr…