High River buys nickel deposit in Russia
High River Gold Mines (HRG-T) has acquired a 100% ownership interest in a Russian nickel deposit for US$10.6 million.
2008
Castillian, Marifil cut platinum in Argentina (March 03, 2008)
VANCOUVER — A batch of drill results from the Las Aguilas West deposit, in Argentina, has returned significant platinum values for joint-venture partners Castillian Resources(CT-V, CTIIF-O) and Marif…
Great Basin Gold ups Burnstone gold count by 41% (March 03, 2008)
VANCOUVER–An ongoing exploration program at Great Basin Gold’s (GBG-T, GBN-X) Burnstone project in South Africa has increased the site’s gold resource by 41%.
Producer and Dealer Prices (March 03, 2008)
Antimony: Mid-mkt US$5,883/t.
Daily Metal prices
PRECIOUS METAL PRICES (London fix, US$ per troy oz.)
North American Stock Exchange Indices (March 03, 2008)
52- week Date Feb. 25 Feb. 22 Feb. 21 Feb. 20 Feb. 19 High Low S& P/ TSX- Ven Comp 2686.24 2657.15 2660.81 2642.49 2622.60 3372.00 2340.21 TSX Composite 13697.4…
TSX Venture Short Positions (March 03, 2008)
Short positions outstanding at Feb. 15/08 (with changes from Jan. 31/08).
Newmont reports Q4 loss
The world’s second-largest gold producer, Newmont Mining (NMC-T, NEM-N) posted a net loss of US$1.9 billion (negative US$4.17 per share) in the year to Dec. 31, 2007, compared with net income of US$79…
Walkouts may keep copper prices aloft
MONTERREY, MEXICO–Anyone looking for reasons why copper prices are likely to remain strong in 2008 need look no further than Latin America.
Sweden’s shrewd scion
SITE VISIT STOCKHOLM, SWEDEN — Lukas Lundin is clear about where he wants to take Lundin Mining (LUN-T, LMC-N). The chairman of Lundin and progeny of resource legend Adolf Lundin…
Ucore eyes Alaskan uranium production
SITE VISIT KETCHIKAN, ALASKA — Old-time prospector Bob Dotson is anxiously watching the exploration program under way by Ucore Uranium( UCU-V, UURAF-O) on the past-producing Bokan Mountain uranium property, on…
Feeding the dragon
MONTERREY, MEXICO –China may be some 10,000 miles from Latin America, 45 hours of flights and stopovers and days away at sea, but it is making its presence felt in a region long used to U.S. dominanc…