TSX Venture Exchange September 11-17
With the price of gold climbing to US$719 per oz., lead pushing US$1.50 per lb., and a number of exploration developments sparking market activity, the S&P-TSX Venture Composite Index climbed 71.5…
2007
LME Warehouse Levels (September 24, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 17, 2007 (change from Sept. 10 in brackets):
Vaaldiam Resources strikes pink in Brazil (September 24, 2007)
With pink diamonds commanding some of the highest prices per carat ever paid, there was much back-slapping at the Toronto offices of Vaaldiam Resources (VAA-T, VAAFF-O) after the Toronto junior found …
Kinross helps fund Queen’s professorship
Kinross Gold has partnered with the Department of Mining Engineering at Queen’s University to establish the Kinross professorship in mining and sustainability.
Lending Rates (September 24, 2007)
as of 9 a.m. ET, September 18, 2007(%)
Suppliers News (September 24, 2007)
ABB to supply mine winders
Gabriel hits another snag at Rosia Montana
The Romanian government has suspended its environmental impact assessment review of Gabriel Resources’ (GBU-T, GBRRF-O) gold mine project at Rosia Montana, after two NGOs launched a court challenge to…
People (September 24, 2007)
Gammon Gold — Roberto Diaz resigned as president of Mexican operations. Diaz’s duties will be handled by executive VP and COO Dave Keough.
Glencairn reduces cyanide at Bellavista
Vancouver — Since the recent ground movement and subsequent suspension of operations at Glencairn Gold’s (GGG-T, GLE-X) Bellavista mine in Costa Rica, the company has been rinsing the heap-leach pads…
Spot Prices Courtesy of Scotiabank Tuesday, Sept. 18, 2007
Precious Metals Price (US$/oz.) Change Gold $717.70 +13.45 Silver $12.96 +0.39 Platinum $1299.00 +4.00 Palladium $334.00 +5.00 Base Metals Price (US$/lb.) Change Nickel $13.24 +0.82 Lead $1.44 +0.12 Copper $3.40…
Khan, Western Prospector licences look safe (September 24, 2007)
Vancouver — Mongolia’s foreign uranium explorers are breathing a sigh of relief after the country’s mineral authority recently went on record saying that it has not invalidated any licences, contrary…
Eldorado pulls strong gold grades from Efemcukuru (September 24, 2007)
Vancouver — Though its Kisladag mine remains under court-ordered closure, Eldorado Gold (ELD-T, EGO-X) is continuing to work unabated at its other Turkish gold project, releasing a slew of drill resu…