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DAILY METAL PRICES (October 06, 2008)

Date Sept. 29 Sept. 26 Sept. 25 Sept. 24 Sept. 23 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2155/2200 2190/2201 2135/2210 2180/2250 2…


A historical view of Queenston Mining's Upper Beaver mine, in Ontario's Kirland Lake camp. Queenston has released an indicated resource totalling 375,000 oz. gold at the past-producer, which turned out 140,000 oz. gold and 11.9 million lbs. copper over 50 years off and on before closing in 1972.

Queenston tallies Upper Beaver resource

Queenston Mining (QMI-T, QNMNF-o) staked its claims in Canada’s second-largest gold camp early and often — a strategy that has given it the biggest land position in the Kirkland Lake district of nort…





TSX VENTURE SHORT POSITIONS (October 06, 2008)

Short positions outstanding at Sept 15/08 (with changes from Aug 31/08). Largest short positions Gold Wheaton GLW 1481912 273112 Westernzagros WZR 1124451 -7283 Raytec Metals RAY …



Drillers at work at CIC Energy's Mmamabula coal field, in Botswana, where resources have climbed by 28% to 2.93 billion tonnes. The company is planning an electricity generating station, coal export facility, and coal-to-hydrocarbon conversion plant at Mmamabula.

CIC Energy buys back shares, advances Mmamabula

CIC Energy (ELC-T, CIEGF-o) is planning to buy back up to 5% or 2.7 million of its outstanding shares on the open market in a bid to boost its stock, which the company says is undervalued.


PEOPLE (October 06, 2008)

Alcoa — Kurt Waldo appointed a director; Jake Siewert appointed VP of business development and public strategy; William O’Rourke appointed VP of sustainability and environment, health and safety. Baf…



Drilling at Rye Patch Gold's Lincoln Hill project, in Nevada. The company cut a shallow 21-metre intersection grading 27 grams gold and 34 grams silver per tonne in reverse-circulation drilling at the project, sending its share price up by 128%.

Rye Patch shares rise on Nevada high-grade

Shares of Rye Patch Gold (RPM-V, RPMG-o)shot up 128% on news that the company hit high-grade gold mineralization in drilling at its Lincoln Hill project, in Nevada.



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