Asian Mineral gets Ban Phuc mining licence
Vancouver – With receipt of a mining licence for its Ban Phuc massive sulphide nickel deposit in northwestern Vietn…
2007
Eaglehead results disappoint Carmax speculators (December 17, 2007)
Vancouver – The first assays from Carmax Explorations’ (CMX-V) 2007 drill program on its B.C. Eaglehead property di…
Laramide preparing for gold spin-off
Back in April Laramide Resources (LAM-T) announced it would spin-off its non-uranium assets into a company only k…
Michigan approves Eagle mine (December 17, 2007)
Rio Tinto (RTP-N, RIO-L, RIO-A) subsidiary Kennecott Eagle Minerals will be going ahead with its Eagle nickel-coppe…
Western Canadian Coal embarks on strategic review
After enduring a net loss of $43.9 million in the second quarter of 2008, Western Canadian Coal (WTN-T, WTN-L) is l…
U.S. Markets Dec. 4-10
It was a relatively buoyant week for U.S. equity markets ahead of a widely expected interest rate cut. The Dow Jones Industrial Average rose 478.3 points to close at 13,727.03 over the Dec. 4-10 tradi…
LME Warehouse Levels (December 17, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 10, 2007 (change from Dec. 3 in brackets):
Pebble Creek plans $10M for India
Vancouver — India-focused explorer Pebble Creek Mining (PEB-V, PBLEF-O) plans a $10-million financing to advance its Askot copper-zinc project.
GlobeStar gets resource for Cumpie Hill
Vancouver — GlobeStar Mining (GMI-T) got a healthy share price boost after an initial resource estimate for its Cumpie Hill project in the Dominican Republic gave investors confidence in the nickel l…
Daily Metal Prices (December 17, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Spot Prices Courtesy of Scotiabank Tuesday, Dec. 11, 2007
Precious Metals Price (US$/oz.) Change Gold $806.75 +16.50 Silver $14.62 +0.37 Platinum $1462.00 +2.00 Palladium $345.00 -2.00 Base Metals Price (US$/lb.) Change Nickel $11.80 +0.20 Lead $1.10 -0.18 Copper $3.01…
Producer and Dealer Prices (December 17, 2007)
Antimony : Mid-mkt US$5,540/t.