Mano River Makes Friendly Bid For African Aura
If a merger between African Aura Resources (AAZ-V) and Mano River Resources (MNO-V, MNRVF-O) goes ahead, the combined company will have close to $10 million in cash, an advanced-stage, high-grade gold…
News
Poor Markets Close Cantung Mine
Declining tungsten prices and rising inventory are forcing North American Tungsten (NTC-V, NATUF-O) to put its 100%-owned Cantung mine on care and maintenance, temporarily suspending production starti…
Mongolian Parliament Votes For Ivanhoe Profit-Sharing Deal
Five years of negotiations with the Mongolian government might soon come to a positive end for Ivanhoe Mines (IVN-T, IVN-N) and its partner at the Oyu Tolgoi copper-gold project, Rio Tinto (RTP-N, RIO…
Three Shot Dead Near Freeport’s Grasberg
A 29-year-old Australian who worked asanengineerat Freeport-Mc- MoRan Copper & Gold’s (FCX-N) Grasberg complex was shot dead Saturday while sitting in a car on his way to play golf, the Australian…
Mega Uranium Boosts Resource, Finds Partners For Lake Maitland
VANCOUVER — In the space of a month, Mega Uranium (MGA-T, MGAFF-O) took two significant steps towards becoming a producer: the company signed a $49-million joint-venture agreement and upgraded most o…
PwC Evaluates 2008’S Top 40 Miners
Mining companies have been slowing down, laying off and shutting down in reaction to the global financial crisis; the next big challenge is figuring out when it’s safe to start reversing all of that, …
UBS Forecasts Coal Recovery
Signs of rising power consumption in China coupled with supply constraints across the Asia Pacific region are all adding up to a tighter thermal coal market that will push up prices, UBS says.
PEOPLE (July 20, 2009)
Amerpro Resources — Donald Gee appointed president and CEO; Wan Jung appointed CFO; Des Balakrishnan appointed corporate secretary; Gee, Jung, Gilles Arseneau and Patrick McAndless elected directors.
Who Is In Prison? Yes, That’s Right.
The always-tense, annual iron ore pricing negotiations between Western producers and Chinese consumers got ratcheted up to a full-blown diplomatic crisis between the Chinese and Australian governments…
LME Warehouse Levels (July 20, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 17, 2009 (change from July 7 in brackets):
Inca Pacific Wins Environmental Permit For Magistral
Fifteen months after submitting its environmental and social impact assessment to the government of Peru, Inca Pacific Resources (IPR-V, IPRFF-O) has finally received environmental approval for an ope…
Spot Prices (July 20, 2009)
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