Rio Tinto Alcan developing greener smelting technology
Aluminum giant Rio Tinto Alcan, a subsidiary of Rio Tinto, has announced that it has begun development of new smelting technology that could reduce energy consumption by 20%.
Articles by Northern Miner Staff
CANADIAN GOLD MUTUAL FUNDS (April 28, 2008)
Featured Fund: AGF Precious Metals, as of 01/31/08 (in weighted order): Kinross Gold, Goldcorp, Yamana Gold, Inmet Mining, Iamgold, Central Fund of Canada, Agnico-Eagle Mines, High River Gold Mines, F…
Feasibility study for Ashdown moly mine
Although molybdenum production is already under way at the Ashdown mine near Denio, Nev., 60-40 joint-venture partners Golden Phoenix Minerals (GPXM-O) and Win-Eldrich Mines (WEX-V, WIDMF-O) have rele…
Private Thai group to buy Pan African Mining (April 28, 2008)
Hungry for new coal properties outside Southeast Asia, Asia Thai Mining is buying Pan African Mining( PAF-V, PAFRF-O)at an 84.3% premium over the Vancouverbased junior’s 20-day average trading price.
Partners rev up exploration efforts at Matheson JV
It’s no coincidence that Matamec Explorations’ (MAT-V, MTCEF-O) new Matheson joint venture, in the Timmins gold camp, is next to Goldcorp’s (G-T, GG-N) Hoyle Pond gold mine property, says the company’…
AMEC acquires Smith Williams
In an effort to strengthen its presence in the western United States, international engineering and project management company AMEC has purchased Smith Williams Consultants.
Crosshair budgets $10M for Labrador
Crosshair Exploration & Mining (CXX-V, CXZ-X) has closed a $15- million bought-deal financing to continue exploring on its Central Mineral Belt uranium property in Labrador.
Northern BC power line could spark investment
VANCOUVER — A power line into northern British Columbia could attract $3.5 billion in mining investment, according to the preliminary results of an independent study by Macquarie North America.
TORONTO STOCK EXCHANGE (April 28, 2008)
Solid gains by potash producers and explorers helped the TSX Composite Index surge to a five-month high over the April 15-21 trading period. The index rose 582.56 points, or 4.2%, to close at 14,321.1…
TSX VENTURE EXCHANGE (April 28, 2008)
The S&P-TSX Venture Composite Index managed a small gain in the third week of April, closing the April 15-21 trading session up 12.16 points at 2,559.82.
LME WAREHOUSE LEVELS (April 28, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 22, 2008 (change from April 15 in brackets):
Champion expands iron property in Labrador
Champion Minerals (CHM-V) is buying up yet more land next door to its wholly owned Attikamagen Lake iron property in Labrador.