Vale Inco Plans Sudbury Shutdowns
Vale Inco, a subsidiary of Vale (RIO-N), is shutting down its nickel mining and processing facilities in Sudbury, Ont., as well as its precious metals processing facilities in Port Colborn, for eight …
News
Denison Nets $95M In Deal With Korean Utility
In a tough economy, Denison Mines (DML-T, DNN-X) is choosing the path of prudence, and the market is nodding its approval.
‘Rocks For Money People’ Course Targets Bay Street
George McIsaac, David Love and Boyd Davis all want to fill in an information gap.
Northrock Gets Good Gold Grades In Nunavut
VANCOUVER — Northrock Resources (NRK-V, NORTF-O) has hit high-grade gold over decent widths at the Turner Lake property, about 20 km northwest of Bathurst Inlet, in Nunavut.
Eloro Hunts Zinc, Silver In Northern Ontario
Eloro Resources (ELO-V) is getting a handle on the mineralization of its Hurdman polymetallic project in northern Ontario.
Arae-Gassel Delivers For SearchGold
SearchGold Resources( RSG-V) has found high-grade gold mineralization in surface rock at the Arae-Gassel project in Burkina Faso, West Africa.
South Koreans Stick With Nanika On BC Moly Project
VANCOUVER — Nanika Resources( NKA-V) is forming a joint-venture company with South Korean partners Palm Clean Energy and Daewon Chemicals for its Lucky Ship molybdenum property in central B. C.
People (April 27, 2009)
Axmin — Francois Auclair appointed VP of exploration; Jonathan Forster has resigned as VP of exploration.
LME Warehouse Levels (April 27, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Apr. 21, 2009 (change from Apr. 14 in brackets):
Century Chooses US$65M Debt Financing Option
After looking at several financing alternatives to get its Lamaque gold mine in Quebec back into production, Century Mining (CMM-V, CMNZF-O) is resorting to debt financing of US$65 million and a furth…
Spot Prices (April 27, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (April 27, 2009)
Antimony: Mid-mkt US$4,150/t.