BHP Billiton grapples with Olympic Dam expansion
PERTH, WESTERN AUSTRALIA–By the end of this year, BHP Billiton (BHP-N, BLT-L) will have completed a prefeasibility study for transforming the Olympic Dam copper-uranium-gold mine into a massive open-…
Articles by Northern Miner Staff
Pebble Creek focused on India
Pebble Creek Mining (PEB-V, PBLEF-O) has released a National Instrument 43-101 resource estimate for its flagship Askot project, in northern India’s Uttarakhand state. At a net smelter return cutoff o…
INTERNATIONAL QUOTES (August 25, 2008)
Australia (A$) Aug 12 Aug 5 Change Bendigo Mining 0.18 0.20 -0.02 Kingsgate Cons. 4.80 5.60 -0.80 Lion Selection Ltd 1.58 1.50 0.08 Newcrest Mining 23.49 26.31 -2.82 …
For Uranium One, the Honeymoon’s over (August 25, 2008)
VANCOUVER — Uranium One’s (UUU-T, SXRZF-O) decision to sell some of its earlier-stage uranium properties this spring has hit it with a US$105-million impairment charge in its second quarter for a US$…
TSX VENTURE EXCHANGE AUG. 12-18
The period of Aug. 12-18 was another bearish one for the S&P-TSX Venture Composite Index. By the end of the period the exchange had lost another 91.71 points, bringing the cumulative loss from Jul…
LME WAREHOUSE LEVELS (August 25, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 19, 2008 (change from Aug. 12 in brackets):
SPOT PRICES (August 25, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (August 25, 2008)
Antimony: Mid-mkt US$6,350.00/t.
Glass Earth Gold steps up drilling across New Zealand
PERTH, WESTERN AUSTRALIA — Wellington-based junior Glass Earth Gold (GEL-V, GELGF-O) is among New Zealand’s most active explorers and probably the only one with drilling campaigns on both the North a…
San Gold on cusp of resource update (August 25, 2008)
VANCOUVER–Exploration drilling in and around San Gold’s (SGR-V, SGRCF-O) operating Rice Lake mine, 230 km northeast of Winnipeg, Man., continues to pay off with high-grade gold. San Gold CEO Dale Gin…
Vedanta investing US$8.8B in base metal expansion
Having received the go-ahead from India’s Supreme Court, Vedanta Resources (VED-L), an India-focused resource giant, is proceeding with a bauxite project in Lanjigarh, in the state of Orissa. An alumi…
Tournigan grows Kuriskova deposit
VANCOUVER — After a modelling error forced Tournigan Energy (TVC-V, TVCFF-O) to reduce the resources at its Kuriskova uranium deposit in eastern Slovakia last year, the newly renamed company has put …