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.
News
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$5,590/t.
Callinan questions HudBay
HudBay Minerals (HBM-T, HBMFF-O) is keeping tight-lipped about the first payment made to Callinan Mines (CAA-V, CCNMF-O) for a net profits interest (NPI) and royalty agreement that is being disputed i…
Claude adds ounces at Seabee (November 19, 2007)
Saskatoon, Sask.-based gold miner Claude Resources (CRJ-T, CGR-X) has added to gold reserves at its underground Seabee mine in northeastern Saskatchewan.
War Eagle cuts wide high-grade zinc at Tres Marias (November 19, 2007)
Vancouver — It looks like past mine operators left behind some pretty decent rock at War Eagle Mining’s (WAR-V, WARGF-O) Tres Marias zinc-germanium project, in Mexico’s Chihuahua state.
Scorpio finds promising zone
The Nuestra Senora polymetallic deposit in Sinaloa state, Mexico, continues to shape up as an underground mine-to-be for Scorpio Mining (SPM-T, SMNPF-O).
TSX Venture Rights & Warrants (November 19, 2007)
Agnico Eagle Mines (AEM.WT.U) — expired Nov 14/07.
International Quotes (November 19, 2007)
Australia (A$) Nov 12 Nov 5 Change Bendigo Mining 0.30 0.30 0.00 Centamin Egypt 1.54 1.50 0.04 Emperor Mines 0.07 0.08 -0.01 Kingsgate Cons. 5.30 5.04 0.26 Lion Selection Ltd…
Canadian Gold Mutual Funds (November 19, 2007)
Fund name Oct. 29($) Oct. 22($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 30.51 31.58 -1.07 -3.4 14.1 2.61 638 Altamira Pr & Str Mtl 13.59 13.85 -0.26 -1.9…