Lundin To Sell Ozernoe In Russia
VANCOUVER — Lundin Mining (LUN-T, LMC-N) is saying goodbye to Russia, having agreed to sell back its 49% stake in the Ozernoe zinc-lead project to joint-venture partner MBC Resources for US$35 millio…
News
First Quantum Out Of Luck In The DRC
A mining official in the Democratic Republic of the Congo (DRC) has stamped out any hope First Quantum Minerals ( FM-T, FQVLF-O) may have had that it could bring its Kolwezi tailings project in the ce…
People (September 28, 2009)
Canplats Resources — Richard Dufresne appointed exploration manager.
Sunridge Gold Lands US$10M For Asmara
Vancouver junior Sunridge Gold (SGC-V) is getting a helping hand from copper giant Antofagasta Minerals (ANFGY-O, ANTO-L) to develop part of its Asmara project in Eritrea.
LME Warehouse Levels (September 28, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, September 22, 2009 (change from Sept. 15 in brackets):
Resource For Exeter’s Caspiche Project ‘Above Expectations’
An updated resource estimate for Exeter Resource’s (XRC-V, XRA-X) Caspiche project in Chile places the deposit “among the world’s largest gold-copper discoveries in recent years,” according to the com…
Peregrine Shares Rocket On Latest Diamond Results At Chidliak
Peregrine Diamonds’ (PGD-T, PGDIF-O) stock surged 108% or 96¢ a share to close at $1.85 with 8.2 million shares trading hands on news that it had recovered large diamonds from drill core at the C…
BC’s NW Power Line A Go
Easily the biggest development in the Canadian mining scene during the week was news of federal money being shovelled into electrifying British Columbia’s remote northwest.
A Few Ideas For Those Long Trips On The Road
To lighten things up a little in what has been one of the toughest years in our business, The Northern Miner decided to canvass the captains in our industry about the books they like to read when they…
Indonesia Sends Troops To Safeguard Freeport Operations
The murder of an Australian employee, a local security guard and a policeman in July and a spate of shootings since then at Freeport- McMoRan Copper & Gold’s (FCX-N) Grasberg mine in Indonesia’s P…
Spot Prices (September 28, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (September 28, 2009)
Antimony: Mid-mkt US$5,650/t.