INTERNATIONAL QUOTES (July 14, 2008)
Australia (A$) June 24 June 17 Change Bendigo Mining 0.28 0.30 -0.02 Centamin Egypt 1.15 1.24 -0.09 Kingsgate Cons. 5.28 5.50 -0.22 Lion Selection Ltd 1.88 1.82 0.06 …
Articles by Northern Miner Staff
Helio hitting gold in Tanzania (July 14, 2008)
VANCOUVER — Helio Resource (HRC-V, HELOF-O) has been working away at the SMP gold project in southwestern Tanzania for two years and its efforts are starting to pay off. Strong drilling results from …
Solex contracts SGS for bulk metallurgical test
Solex Resources (SOX-V) has enlisted SGS Minerals’ metallurgical group to produce a bulk metallurgical test for the company’s Macusani South uranium project in Peru.
AMEC, Aker Solutions to work on Mary River project
Baffinland Iron Mines (BIM-T, BIMGF-O) has hired AMEC and Aker Solutions to help with the development of its Mary River project on Baffin Island, Nunavut.
Monument raising $38M for Malaysia gold project
Monument Mining (MMY-V) is raising $38 million to move its 100%-owned Selinsing gold project in Malaysia toward production.
Red Hill hires Minarco-MineConsult for Ulaan Ovoo
Mongolia-focused mineral company Red Hill Energy (RH-V, RHFFF-O) has hired Minarco-Mine- Consult of Sydney, Australia, to produce a prefeasibility study for the company’s Ulaan Ovoo coal project in no…
Mining consultancy firm WGM heads Niger Delta initiative
Senior social and economic scientist Stephen Roberts, from the independent mineral-consultation firm Watts, Griffis and McOuat, has been invited by the Nigerian government to present ideas for resolvi…
TSX VENTURE EXCHANGE JULY 2-7
The S&P-TSX Venture Composite Index lost ground over the July 2-7 trading session, a week cut short by Canada Day, closing down 157.41 points at 2,478.37. Daily trading volumes were low, averaging…
Noront tallies Eagle One resource
VANCOUVER — Since the discovery hole at the Double Eagle property in northeast Ontario hit massive sulphide mineralization in September, Noront Resources (NOT-V) investors have been anxiously awaitin…
PEOPLE (July 14, 2008)
Abacus Mining & Exploration– Louis Montpellier appointed a director; Thomas McKeever appointed chairman.
LME WAREHOUSE LEVELS (July 14, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 1, 2008 (change from July 8 in brackets):
SPOT PRICES (July 14, 2008)
COURTESY OF SCOTIABANK