Precious Metals Price (US$/oz.) Change Gold $655.50 -11.85 Silver $11.67 -1.09 Platinum $1243.00 -30.00 Palladium $326.00 -25.00 Base Metals Price (US$/lb.) Change Nickel $11.86 -0.74 Lead $1.33 -0.08 Copper $3.20…
Strong market demand, addressing operating bottlenecks and improving winter performance were the key drivers behind the Iron Ore Co. of Canada’s (IOC) decision earlier this month to pump $60 million i…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 20, 2007 (change from Aug. 13 in brackets):
As junior mining companies across the world gripe about lab delays and equipment shortages caused by the so-called “super-cycle,” Southern Arc Minerals (SA-V, SOACF-O) is a little more relaxed in sunn…
Record rainfall, higher costs and a fall in net sales sent First Quantum Minerals (FM-T, GQVLF-O) second-quarter profits tumbling to US$123.1 million (US$1.83 per share), down 18% from the correspondi…
Vancouver — News from Redcorp Ventures (RDV-T, RDFVF-O) that a portion of its $240 million in cash investments was in trusts affected by the global credit market crunch sent the company’s stock plumm…
Golden Star Resources (GSC-T, GSS-X) has contracted for a 20-megawatt power station to be built at its Bogosu-Prestea gold mine complex in central Ghana, and will buy at least half of the plant’s capa…
Agnico Eagle Mines (AEM.WT.U) — Wt buys sh @ US$19 to Nov 14/07.
as of 9 a.m. ET, August 14, 2007(%)
Vancouver — A trio of strong drill results from the San Antonio gold project, in Mexico, bumped shares of Pediment Exploration (PEZ-V, PEZFF-O) up as much as 46% last month.
Barrick Gold (ABX-T, ABX-N) has bought Emperor Mines'(EMPMY-O, EMP-A) 20% stake in the Porgera gold mine, in Papua New Guinea, for US$250 million, bringing Barrick’s interest to 95%.
China-focused junior producer GobiMin (GMN-V) saw a healthy second quarter this year, with record revenue at its Ye…
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