HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: COMMODITIES - (Thursdays Close) - Metal News - Charts
Gold futures ended lower amid light trading yesterday as bullion investors focused on beaten-down gold jewellery demand amid a global downturn, but economic uncertainties also provided underlying support to prices. December gold settled at $941.70 (U.S.), down $3.10.
In other metals, platinum was down 0.2 per cent at $1,234.50 per ounce. Dealers said however that prices may find support depending on developments in South Africa, the world's top producer of the precious metal.
Impala Platinum, the world's second-biggest platinum producer, said on Thursday it was seeking further talks with a South African union planning an indefinite strike next week.
Silver rose 0.3 per cent to $13.96, following gold and base metals, while palladium fell 0.3 per cent to $271.00.
CLOSING PRICES (SPOT)
Nickel US$/lb 8.56 0.03
Copper US$/lb 2.74 0.03
Gold US$/troy ounce 940.70 -1.80
Silver US$/troy ounce 13.92 0.12
Lead US$/lb 0.81 0.00
Zinc US$/lb 0.81 0.00
Aluminum US$/lb 0.85 -0.02
Oil West Texas US$/bbl 72.50 0.53
Nat Gas Henry Hub US$ mmbtu 3.03 0.00
Nat.Gas AECO C C$/gigajoule 2.57 -0.10
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