Lundin eyeing Chariot
Lundin Mining (LUN-T, LMC-X) is in a better position to acquire Chariot Resources (CHD-T, CHDSF-O), now that shareholders in the Toronto-based junior have rejected a poison pill proposal.
News
Goldcorp sells Penasquito contract
Vancouver — Goldcorp (G-T, GG-N) has closed a deal to sell one-quarter of future silver production from its Penasquito mine, in Mexico’s Zacatecas state, to Silver Wheaton (SLW-T, SLW-N) for US$485 m…
LME Warehouse Levels (August 06, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 30, 2007 (change from July 23 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, July 30, 2007
Precious Metals Price (US$/oz.) Change Gold $666.75 -16.00 Silver $12.93 -0.41 Platinum $1292.00 -36.00 Palladium $365.00 -4.00 Base Metals Price (US$/lb.) Change Nickel $14.31 -1.35 Lead $1.41 -0.16 Copper $3.70…
Suppliers News (August 06, 2007)
Goldcliff hires Fugro to survey B.C. properties
Currie Rose moves ahead in Tanzania
Currie Rose Resources (CUI-V, CUIRF-O) will continue drilling along strike to both the north and south of its Mwamazengo gold prospect, in Tanzania.
Denison now holds most of OmegaCorp
Having relaxed its conditions to an earlier takeover offer, Denison Mines (DML-T, DNN-X) now has just under 79% of the shares of Australian-based uranium developer OmegaCorp (OMGCF-O, OMC-A).
Lake Shore, Porcupine JV finalize Bell Creek deal (August 06, 2007)
After protracted negotiations and an extension to due-diligence investigations, Lake Shore Gold (LSG-T, LSGGF-O) and the Porcupine Joint Venture have reached a final agreement on the sale of the Bell …
Daily Metal Prices (August 06, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Producer and Dealer Prices (August 06, 2007)
Antimony : Mid-mkt US$5,450/t.
Strathmore teams with Sumitomo in New Mexico
Strathmore Minerals (STM-V, STHJF-O) will form a joint venture with Tokyo-based Sumitomo to develop its Roca Honda project, in New Mexico.
PDAC endorses new flow-through initiative
The Prospectors and Developers Association of Canada (PDAC) board of directors is endorsing an initiative to make Qualified Environmental Trust (QET) contributions that are applied to the reclamation …