Pacific Comox’s vision for Ryan Lake (November 17, 2008)
SITE VISIT Matatchewan, Ont. — A big old pile of crushed ore sits outside the mill at Pacific Comox Resources’ (PCM-V, PAOCF-o) past-producing Ryan Lake copper-moly project. The pile has…
Articles by Northern Miner Staff
Nevsun arranges US$89M debt for Bisha (November 17, 2008)
Vancouver — The Industrial Development Corp. of South Africa (IDC) must have liked what it saw at Nevsun Resources’ (NSU-T, NSU-x) Bisha project when it visited the site in Eritrea this August. The I…
In pursuit of financing, Adanac retools Ruby Creek
Adanac Molybdenum (AUA-T, AUAYF-o) is looking into a new plan for its Ruby Creek moly project near Atlin, B. C., after figures from an updated feasibility study weren’t as promising as the originals.
It’s a long moly Storie for Columbia Yukon (November 17, 2008)
Vancouver — Stepout drilling at the Storie molybdenum deposit continues to return long mineralized intercepts for Columbia Yukon Explorations (CYU-V, CYUXF-o).
PRODUCER AND DEALER PRICES (November 17, 2008)
Antimony: Mid-mkt US$6,216.66 /t.
Monument to build Selinsing
Vancouver — Monument Mining (MMY-V, MMTMF-o) is building a mine at its Selinsing gold project, about 100 km north of Kuala Lumpur, Malaysia.
Avanti puts US$424M price tag on Kitsault
Vancouver — To take a crack at reopening the Kitsault molybdenum mine, 140 km northwest of Prince Rupert, B. C., Avanti Mining (AVT-C, AVNMF-o) will have to shell out about US$424 million in capital …
DAILY METAL PRICES (November 17, 2008)
Date Nov. 10 Nov. 7 Nov. 6 Nov. 5 Nov. 4 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1445/1490 1400.50/1460 1375/1421 1440/1490 1412/14…
NORTH AMERICAN STOCK EXCHANGE INDICES (November 17, 2008)
52-week Date Nov. 10 Nov. 7 Nov. 6 Nov. 5 Nov. 4 High Low S&P/TSX-Ven Comp 914.02 921.88 920.13 951.42 975.27 3048.54 800.57 TSX Composite 9688.80 9596.21 9555.41 9887.20 1…
TSX SHORT POSITIONS (November 17, 2008)
Short positions outstanding at Oct. 31/08 (with changes from Oct. 15/08).
Mining policy, Venezuelan style (November 17, 2008)
Falling oil prices and the global credit crisis are fuelling Venezuela’s descent towards the lowest rungs on the ladder of investor confidence.
Potash One looks at solution mining in Saskatchewan
Vancouver — On the heels of an oversubscribed $10.4-million financing, Potash One (KCL-T, KCLOF-o) is starting prefeasibility work on the Legacy potash project in Saskatchewan, where it hopes to soon…