Anglo pulls mineralization at West Raglan
Anglo American (AAUK-Q, AAL-L) has intersected two wide mineralized zones in the first hole of its current drill program on the West Raglan project in Nunavik (Ungava), Que., its joint venture with ju…
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U.S. Markets July 31-August 6
The U.S. markets didn’t exactly rebound over the July 31-Aug. 6 trading session, but they showed some improvement over the previous period.
Lending Rates (August 13, 2007)
as of 9 a.m. ET, August 7, 2007(%)
TSX Venture Exchange July 31-August 3
Despite a modest upswing in precious metals prices over the holiday-shortened July 31-Aug. 3 trading session, the S&P-TSX Venture Composite Index again followed the general market downtrend to sli…
Dividends (August 13, 2007)
Company Div.($) Pay Date Record Date Xstrata 0.2863 Sept 4 Aug 15 Alcoa 0.17* Aug 25 Aug 3 Noranda IF 0.085 Aug 27 July 31 Cleveland Cliffs 0.125* Sept 4…
LME Warehouse Levels (August 13, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 6, 2007 (change from July 30 in brackets):
Exchange Rates (August 13, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Campbell, Nuinsco cash up for Corner Bay (August 13, 2007)
Campbell Resources (CCH-T, CBLRF-O) is planning to carry out bulk sampling of the Corner Bay copper deposit in the Chibougamau region of north-central Quebec now that Nuinsco Resources (NWI-T, NWIFF-O…
Northern Dynasty lands Anglo as Pebble partner
Vancouver — Northern Dynasty Minerals (NDM-V, NAK-X) has brought on senior miner Anglo American (AAUKD-Q, AAL-L, AGL-J) as an equal partner to develop its Pebble copper-gold-molybdenum porphyry depos…
EMED looking at buying Rio Tinto (August 13, 2007)
A London-listed junior is in negotiations to acquire Rio Tinto — not the company, but the historic base-metal property in Spain, where Rio Tinto Zinc got its start.
Spot Prices Courtesy of Scotiabank Tuesday, Aug. 7, 2007
Precious Metals Price (US$/oz.) Change Gold $669.25 +2.50 Silver $12.99 +0.06 Platinum $1282.00 -10.00 Palladium $361.00 -4.00 Base Metals Price (US$/lb.) Change Nickel $13.30 -1.01 Lead $1.44 +0.03 Copper $3.55…
Xstrata reserves $200M for Raglan exploration
Xstrata Nickel, subsidiary of Switzerland-based Xstrata (XSRAF-O, Xta-L), wants to nearly double output at its Raglan nickel mine, in Nunavik, Que.