Norsemont looks at 2012 startup for Constancia
The scoping study for Norsemont Mining’s (NOM-T, NOMFF-O) Constancia copper project in southern Peru is in, and the results have the company preparing for a busy 2008.
News
Entre Gold lines up $30M financing
Vancouver — Mongolian-focused explorer Entre Gold (ETG-T, EGI-X) is looking to sell at least $30-million worth of stock to bolster its treasury.
LME Warehouse Levels (November 19, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 12, 2007 (change from Nov. 5 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, Nov. 13, 2007
Precious Metals Price (US$/oz.) Change Gold $803.40 -14.15 Silver $14.68 -0.29 Platinum $1402.00 -62.50 Palladium $366.00 -7.50 Base Metals Price (US$/lb.) Change Nickel $15.12 +0.81 Lead $1.60 -0.11 Copper $3.16…
Katanga and Nikanor to form African copper giant
Katanga Mining (KAT-T, KATFF-O) and Nikanor (nkr-l) are planning a merger that would create Africa’s biggest copper producer and become the world’s biggest cobalt producer by 2011.
Benton, Teck set drill targets
Benton Resources (BTC-V, BNRJF-O) has assayed the last of 324 grab samples taken this summer from its Kingurutik Lake copper-nickel-cobalt property in Labrador, confirming mineralization in numerous z…
Queenston sees Upper Beaver gold, copper
Queenston Mining’s (QMI-T, QNMNF-O) drilling program on the porphyry and syenite breccia zones at the Upper Beaver property east of Kirkland Lake, Ont., is intersecting mineralized zones with high-gra…
Daily Metal Prices (November 19, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Producer and Dealer Prices (November 19, 2007)
Antimony : Mid-mkt US$5,590/t.
Callinan questions HudBay
HudBay Minerals (HBM-T, HBMFF-O) is keeping tight-lipped about the first payment made to Callinan Mines (CAA-V, CCNMF-O) for a net profits interest (NPI) and royalty agreement that is being disputed i…
Claude adds ounces at Seabee (November 19, 2007)
Saskatoon, Sask.-based gold miner Claude Resources (CRJ-T, CGR-X) has added to gold reserves at its underground Seabee mine in northeastern Saskatchewan.
War Eagle cuts wide high-grade zinc at Tres Marias (November 19, 2007)
Vancouver — It looks like past mine operators left behind some pretty decent rock at War Eagle Mining’s (WAR-V, WARGF-O) Tres Marias zinc-germanium project, in Mexico’s Chihuahua state.