Intrepid Mines brings on Penta at Casposo
Intrepid Mines (IAU-T, IAU-A) is advancing its Casposo gold-silver project in Argentina by hiring local engineering firm Ingenieria Penta Sur S. A. Argentina.
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China reaches out
Some highlights of recent mining acquisitions by Chinese companies include:
Tri-Venture dismantles Golden Giant mill
With reclamation under way by Fortune Minerals (FT-T, FTMDF-O) at the Golden Giant mine in Ontario’s Hemlo gold camp, the company has contracted Tri-Venture FE&C to dismantle, demolish and help sa…
EXCHANGE RATES (September 15, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate)
DIVIDENDS (September 15, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv…
Toronto Stock ExchangE September 2-8
Despite the brief spell of confidence the U. S. government’s bailout of Fannie Mae and Freddie Mac brought to the markets, downward momentum proved too strong to combat for the TSX Composite Index, as…
LME WAREHOUSE LEVELS (September 15, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 8, 2008 (change from Sept. 1 in brackets):
SPOT PRICES (September 15, 2008)
Tuesday, Sept. 9, 2008 Precious Metals Price (US$/oz.) Change Gold $776.40 -26.10 Silver $11.23 -1.95 Platinum $1211.00 – 181.00 Palladium $231.00 -90.00 Base Metals Price (US$/lb.) …
PRODUCER AND DEALER PRICES (September 15, 2008)
Antimony: Mid-mkt US$6,466.00/t.
Early bird Lydian snags far-flung gems
Lydian International (LYD-T) likes to arrive early.
Castle Gold hikes El Castillo resource (September 15, 2008)
Using a higher gold price of US$625 per oz., Castle Gold (CSG-V, CSGLF-O) has increased resources at its El Castillo heap-leach open-pit mine in Durango state, Mexico, by 16% and boosted reserves by 5…
Breakwater joins Blue Note back at Caribou (September 15, 2008)
As tumbling prices hamper zinc producers, Breakwater Resources (BWR-T, BWLRF-O) has taken a 20% interest in Blue Note Mining’s (BN-T, BNMFF-O) Caribou zinc mine complex in New Brunswick, where product…