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)

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Message: COMMODITIES - (+ FeCr News)

COMMODITIES - (+ FeCr News)

posted on Mar 27, 2009 03:55AM

CLOSING PRICES (SPOT)

Gold US$/troy ounce 935.17 -2.33

Silver US$/troy ounce 13.58 0.06

Copper US$/lb 1.84 0.06

Lead US$/lb 0.59 0.01

Zinc US$/lb 0.60 0.02

Nickel US$/lb 4.37 0.06

FeCr News:

Mar 25:

Eurasian Natural Resource Corp sees 2Q Contracts From $0.70/lb to $0.90/lb.

Mar 03:

Nippon and Sumikin Stainless Steel Co (NSSC) has agreed with its ferro-chrome suppliers to set the current quarter price at a nominal $0.87 per lb. Japan's largest stainless producer will use this as a benchmark in its second quarter contract price negotiations.

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