Xtierra Inc. (TSXV – XAG) has reported that on May 17, drilling as part of a recently announced 5,000 metre program at Bilbao has been commenced. At this time approximately 40 holes will be completed by Intercore S. de R.L. de C.V.
The press release is quoted saying:
“VantageWire aims to increase the flow of information to [...]
ScotiaMocatta, a division of Scotiabank, has annouced that aside from precious metals, the company will now include financing for lead, copper, nickel, aluminum, and zinc.
Barry Wainstein, Vice-Chairman and Deputy Head, Global Capital Markets, and Global Head, Foreign Exchange and Precious Metals is quoted saying:
“Delivering exceptional client services is a cornerstone of our business and ScotiaMocatta [...]
Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3) announced that the company plans to issue up to 6.875 million common shares in two non-brokered private placements for total gross proceeds of C$500,000.
The press release is quoted as saying:
Duncastle Gold Corp. is a Vancouver based gold exploration company with mineral claims covering or surrounding past producers in two historic [...]
On Saturday, China’s biggest base metals trader, Minmetals CHMIN.UL, is expected to buy a stake in the Hunan Nonferrous Group (2626.HK) soon. To add, provincial government of Hunan, in central China, was strongly backing the deal.
The news article is quoted as saying:
In September 2008, Minmetals signed a strategic cooperation pact with Hunan Nonferrous, giving it [...]
Fascinating details about the conditions of the men working in local lead mines three hundred years ago have been revealed in a gift presented to Wrexham Museum.
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A naturalist will lead a free guided walk through the old lead mines of the North Pennines this weekend.
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Lead futures tumbled to hit lower circuit by losing another 4.27 per ten on the Multi Commodity Exchange on surged selling by speculators sparked by weakening global trend.
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India’s lead imports are likely to surge 10% to about 220,000 metric tons in the year to March 2010, largely on increased lead battery sales.
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Chinese controlled Perilya has turned its iconic Broken Hill lead and zinc mine cash-positive after a long period of losses and depressed metal prices had threatened to shut down the operations.
Managing Director Paul Arndt stated:
We are confident we can continue our improved cost performance through the balance of the financial year.
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Lead futures hit the lower circuit today and lost 5.01 per cent on sustained selling, sparked by dwindling trend in its prices at the London Metal Exchange.
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Thursday, May 20, 2010