Moly Mines Gets Second Chance At Spinifex Ridge
VANCOUVER — Perhaps no other moly junior stands to gain or lose more than Moly Mines (MOL-T, MOL-A). It owns one of the largest and most advanced molybdenum projects in the world, Spinifex Ridge in n…
News
Costs Down For FNX In Q2
Cost cutting was the key to FNX Mining’s (FNX-T, FNXMF-O) second- quarter success.
ATW Gold Targets Gold-Copper At Gullewa
VANCOUVER — As part of a confirmation and stepout drill program at its Gullewa project in Australia, ATW Gold (ATW-V, ATWGF-O) has hit a 28-metre intercept grading 1.54 grams gold per tonne, 1.5 gram…
Carpathian’s RDM Looks Promising
VANCOUVER — In just a year and a half, Carpathian Gold (CPN-T, CPNFF-O) has delineated a resource and completed a scoping study for its Riacho dos Machodos (RDM) gold project in Brazil.
Crescent Gold Expands Laverton
Although Crescent Gold’s (CRA-T, CRE-A) Barnicoat mill in Laverton, Western Australia, will remain on care and maintenance, the company is buying up nearby land packages with a production plan in mind…
Gleichen To Buy Teck’s Morelos
VANCOUVER — Teck (TCK. B-T, TCK-N) has agreed in principle to sell its 78.8% stake in the Morelos gold property to junior explorer Gleichen Resources (GRL-V, GRLFF-O) for US$150 million and a 4.9% in…
People (August 24, 2009)
Allied Nevada Gold — Deborah Lassiter appointed director of corporate environmental affairs.
Uranerz Reports Resource For Arkose
The Pumpkin Buttes are a series of small buttes or steep-sided hills several hundred feet high in the central portion of Wyoming’s Powder River basin — a district well known for hosting roll-front-ty…
Yamana Steps In To Aid Orphanage
A US$100,000 donation by Yamana Gold (YRI-T, AUY-N) will allow a folding orphanage in Ethiopia to stay afloat until 43 of its children can come to Canada to live with their new families.
Lundin’s Rebound Buoys HudBay
VANCOUVER– HudBay Minerals’ (HBM-T, HBMFF-O) failed bid to acquire Lundin Mining (LUN-T, LUNMF-O) in the spring led to a nasty boardroom battle and then new leadership for the mid-tier Canadian miner…
First Resource For Crosshair’s Bootheel Uranium Project
The state of Wyoming has produced well in excess of 200 million lbs. of uranium oxide and Crosshair Exploration & Mining (CXX-T, CXZ-X) believes its flagship Bootheel project will play a role in b…
LME Warehouse Levels (August 24, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 18, 2009 (change from August 11 in brackets):