Largo shares jump more than 50% on moly-tungsten resource
With a new inferred resource of 508 million lbs. tungsten and 151 million lbs. molybdenum, Largo Resources (LGO-V) …
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Mining Solomons’ riches
At the end of the 1990s, the Gold Ridge mine was synonymous with mining in the Solomon Islands. The project — then held by Ross Mining — contributed 34% of the country’s gross domestic product until…
Daily Metal Prices (April 02, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Tsx Venture Exchange March 20-26
With base and precious metals notching up over the March 20-26 trading session, the S&P-TSX Venture Composite Index took back some ground to gain 99.29 points, closing at 3,175.03. Average daily t…
U.S. Markets March 20-26
Takeover speculation in the U.S. auto sector and talk that General Motors could team up with others to buy Chrysler drove the Dow Jones up 242.90 points to 12,469.07 during the March 20-26 trading ses…
LME Warehouse Levels (April 02, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 26, 2007 (change from March 19 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, March 27, 2007
Precious Metals Price (US$/oz.) Change Gold $665.15 +10.75 Silver $13.34 +0.09 Platinum $1237.00 +12.00 Palladium $353.00 +3.00 Base Metals Price (US$/lb.) Change Nickel $20.63 -2.21 Lead $0.86 -0.03 Copper $3.11…
Skye exercises final option on Fenix
Vancouver — Skye Resources (SKR-T, SKRZF-O) has exercised the final terms in its option to acquire Companhia Vale do Rio Doce’s (rio-n) interest in the Fenix nickel project in Guatemala.
Oromin gets more time to drill Senegal project
Vancouver — Oromin Explorations (OLE-V, OLEPF-O) is confident it will find more gold on its Senegal concessions after the government of the West African country agreed to extend an exploration contra…
Oxus Gold divests Kyrgyz project (April 02, 2007)
Oxus Gold (OXUSF-O, OXS-L) has sold its interest in the operating company that had developed the Jerooy gold deposit in Kyrgyzstan, as part of a transaction with another London-listed junior, KazakhGo…
Orko takes nino steps in Mexico
SITE VISIT Durango, Mexico — Taking a methodical approach to exploration in north-central Mexico isn’t necessarily a headline-grabbing exercise. But it is one that Orko Silver (OK-V, OKOFF-O) hopes will…
Alturas heavy on exploration expertise in Peru
Alturas Minerals (ALT-V) swept into Toronto recently looking to draw the Street’s attention to Peru.