Exchange Rates (July 02, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
2007
Market likes Gulfside’s coal deal
Vancouver — Investors took a shine to Gulfside Minerals’ (GMG-V, GMGLF-O) plan to acquire the Monster coal project in southwestern Mongolia and boosted the company’s share price by 26% in recent trad…
Breakwater reserves up 50% at El Toqui (July 02, 2007)
Breakwater Resources’ (BWR-T, BWLRF-O) latest reserve increase for its El Toqui zinc project has given the company the confidence to initiate a prefeasibility study for a 1-million-tonne-per-year mill…
LME Warehouse Levels (July 02, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 25, 2007 (change from June 18 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, June 26, 2007
Precious Metals Price (US$/oz.) Change Gold $649.55 -5.55 Silver $12.85 -0.34 Platinum $1,281 -8.00 Palladium $369 +0.50 Base Metals Price (US$/lb.) Change Nickel $17.42 -1.58 Lead $1.21 +0.12 Copper $3.41…
Brazil becomes cornerstone for Kinross
Finding and developing new reserves to replace mined ounces is a constant struggle for gold producers, especially in today’s heated gold market where the competition for projects is fierce and permitt…
Daily Metal Prices (July 02, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Producer and Dealer Prices (July 02, 2007)
Antimony : Mid-mkt US$5,300/t.
Cancor looks to start Algerian mining boom
The fervor in the voice of Cancor Mines (KCR-T, CAOMF-O) president Kamil Khobzi is hard to miss when he talks about exploring in Algeria.
Denison stokes merger flames
Denison Mines (DML-T, DNN-X) is taking another stab at Perth, Australia-based OmegaCorp (OMGCF-O, OMC-A) in an attempt at diversifying into Africa.
Giustra gives US$100M to charity
Vancouver — Vancouver entrepreneur Frank Giustra has spent three decades in the mining and finance sectors. He’s raised multiple millions of dollars for up and coming companies, and certainly earned …
TSX Short Positions (July 02, 2007)
Short positions outstanding at June 15/07 (with changes from May 30/07).