Oromin Keeps Hitting Gold in Senegal
Vancouver — Making the most out of its exploration contract extension, Oromin Explorations (OLE-V, OLEPF-O) is pulling strong gold grades in step-out and deep infill drillling at its Sabodala project…
2007
Castle Gold Ramps Up El Castillo
After six weeks of preproduction, Castle Gold (CSG-V, CSGLF-O) has made the most of the soaring gold price by selling the first 450 oz. produced at its El Castillo mine, in Durango, Mexico, at an aver…
Soho Plans for Resource at Tahuehueto
Drilling between two mineralized zones at Soho Resources’ (SOH-V) Tahuehueto polymetallic project in Durango, Mexico, has resulted in the discovery of a third zone.
Toronto Stock Exchange Sept. 25-Oct. 1
Stronger performances from the mining sector helped the TSX Composite Index continue on its path to recovery as it gained 242.3 points to finish the Sept. 25-Oct. 1 trading period at 14,200.58.
U.S. Markets Sept. 25-Oct. 1
The U.S. markets were driven higher over the Sept. 25-Oct. 1 trading period amid speculation that the U.S. Federal Reserve will again lower borrowing costs after the previous week’s rate cut to 4.75%.
TSX Venture Exchange Sept. 25-Oct. 1
The S&P-TSX Venture Composite Index climbed 71.27 points to 2,872.66 over the Sept. 24-Oct. 1 trading session. Average daily trading volume decreased to 85.3 millions shares.
LME Warehouse Levels (October 08, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 1, 2007 (change from Sept. 24 in brackets):
Daily Metal Prices (October 08, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Spot Prices Courtesy of Scotiabank Tuesday, Oct. 2, 2007
Precious Metals Price (US$/oz.) Change Gold $735.75 +8.05 Silver $13.28 0.00 Platinum $1356.00 +20.00 Palladium $352.00 +12.00 Base Metals Price (US$/lb.) Change Nickel $13.64 -1.16 Lead $1.60 0.00 Copper $3.70…
Semafo Shaking Up Kiniero
Unsatisfactory production from the Kiniero gold mine in eastern Guinea has led Semafo (SMF-T, SEMFF-O) to put a new mining plan in place.
Axmin Finds New Gold at Passendro
As Axmin (AXM-V, AXMIF-O) finishes up a feasibility study for its Passendro gold project in the Central African Republic, it has come across several potential gold zones in the vicinity of the propose…
Virgin Wants to Start Small at Los Verdes
With a resource calculation in hand and plans for a feasibility study, Virgin Metals (VGM-T, VGMTF-O) is looking to move along its Los Verdes copper-molybdenum project on the eastern boundary of Sonor…