Well, this makes for a very good week for them…
“Metanor Resources Inc. poured a company record 1,079 ounces of gold in the first week of December at its flagship Bachelor Mine, located in northern Quebec. ‘We are very proud of the continuous efforts provided by all our employees and their contribution towards Metanor’s goal of attaining commercial production responsibly and in a secure environment,’ says Ghislain Morin, president and chief executive officer of Metanor. The company recently declared commercial production at the Bachelor Mine in November,” reports Kitco.
In metal price news…
On Wednesday, December 11, the day’s biggest mover was US silver, which saw a 3.0 percent increase. After a 2.5 percent increase, Chinese silver finished the day. Indian silver prices rose 2.2 percent. The price of Japanese silver increased 1.6 percent.
US gold bullion saw its price rise 1.7 percent. Chinese gold bullion finished the day up 1.6 percent. After a 1.5 percent increase, Japanese gold bullion finished the day. The price of Indian gold bullion increased 1.1 percent.
Japanese platinum bar gained 1.8 percent to finish. Chinese platinum bar prices inched up 1.8 percent. The price of US platinum bar finished the market day up 1.1 percent per ounce.
Japanese palladium bar saw its price rise 1.9 percent. US palladium bar prices rose 0.4 percent. The price of Chinese palladium bar remained steady.