Tinka quick to infer silver resource in Peru (May 12, 2008)
VANCOUVER — One small drill program has produced a significant inferred resource estimate for Tinka Resources’ (TK-V, TKRFF-O) Colquipucro silver project in Peru.
2008
Record quarterly revenue for Metallica
It looks like Metallica Resources (MR-T, MRB-X) is on a roll. Fast on the heels of its planned merger with New Gold (NGD-T, NGD-X) and Peak Gold( PIK-V, PIKGF-O), the Denver-based gold and silver prod…
U. S. MARKETS APR. 29-MAY 5
Stock markets in the U. S. advanced during the April 29 -May 5 trading session. The Dow Jones Industrial Average climbed 98 points, or 0.8%, to 12970; the Standard & Poor’s 500 index rose 11 point…
TORONTO STOCK EXCHANGE APR. 29-MAY 5
April finished off as the best month since January 2006 for TSX Composite Index, which rose 1.3% over the April 29-May 5 trading period. The benchmark gained 188.49 points over the period, rising to 1…
TSX VENTURE EXCHANGE APR. 29-MAY 5
VANCOUVER –The S&P-TSX Venture Composite Index managed a small gain over the April 29 to May 5 trading session, gaining 10.59 points to close at 2493.76. Daily trading volumes also crept up an av…
Gold Reserve feels the sting of rejection
Gold Reserve (GRZ-T, GRZ-X) has lost its status as a “company that could” in Venezuela.
Chavez gov’t denies Crystallex key permit at Las Cristinas
VANCOUVER — Crystallex International (KRY-T, KRY-X) had been jumping through every hoop in its path at the Las Cristinas gold project in eastern Venezuela.
Dispute threatens more delays for Petaquilla
VANCOUVER–The Petaquilla project in north-central Panama has long been described as one of the largest undeveloped copper deposits in the world. A dispute between proposed partners Teck Cominco (TCK-…
KRY shareholders left in tears
Another week. . . another Third World government grabbing prized mineral assets from North American mining companies.
Gold Fields’ South African miners killed
The past couple of weeks have been tragic ones for Gold Fields (GFI-N) employees after a series of unrelated accidents claimed 13 lives at two of the company’s South African assets.
LME WAREHOUSE LEVELS (May 12, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 6, 2008 (change from April 29 in brackets):
SPOT PRICES (May 12, 2008)
COURTESY OF SCOTIABANK Tuesday, May 6, 2008 Precious Metals Price (US$/oz.) Change Gold $878.00 -8.00 Silver $16.70 -0.08 Platinum $1930.00 -25.00 Palladium $426.00 -5.00 Base Metals P…