Plot Thickens In Vedanta-Asarco Deal
VANCOUVER–Despite a ruling that approves certain conditions of a proposed US$1.7-billion sale of Asarco’s operating mines to Vedanta Resources (VDNRF-O, VED-L), as part of the former’s reorganization…
News
B2Gold’s Big Plans For 2009
VANCOUVER — In less than two years, B2Gold (BTO-T, BGLPF-O) has completed a successful merger that has netted the company 43,000 oz. gold production this year and the chance at 130,000 oz. next year,…
Osisko Rises On South Barnat Infill Grades
VANCOUVER — Infill drilling at the Canadian Malartic project has returned better than expected gold grades for owner Osisko Mining (OSK-T, OSKFF-O).
Mining Execs Becoming Optimistic: Survey
Much has changed in the mining industry over the last 12 months. When things could not have been more robust, the proverbial rug was pulled out from underneath us in the fourth quarter of 2008, leavin…
China’s Gold Stockpile Nudges Price Upward
Word that the Chinese have stealthily stockpiled gold over the last five years sent the price of the yellow metal up for the week ending April 24.
People (May 04, 2009)
Adriana Resources– Colin Blyth, Julio Carvalho, Robert Power and Donald Siemens appointed directors; Paul Fong has resigned as a director; Joe Griebel has resigned as a director but remains president…
LME Warehouse Levels (May 04, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Apr. 28, 2009 (change from Apr. 21 in brackets):
Daily Metal Prices (May 04, 2009)
Date Apr. 27 Apr. 24 Apr. 23 Apr. 22 Apr. 21 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1261/1310 1300/1325 1315/1320 1271/1305 1271.5…
Mining Sector Revs Up In Ecuador
VANCOUVER– Salazar Resources (SRL-V, SRLZF-O) and Dynasty Metals & Mining (DMM-T, DMMIF-O) have received approval to resume mining and exploration activities in Ecuador from the the country’s Min…
North American Stock Exchange Indices (May 04, 2009)
52-week Date Apr. 27 Apr. 24 Apr. 23 Apr. 22 Apr. 21 High Low S&P/TSX-Ven Comp 1002.98 1006.81 987.94 979.12 974.38 2735.30 678.62 TSX Composite 9394.80 9549.48 9409.50 9279.15 9247.17…
Red Hill proposes US$337M coal mine
Vancouver – A prefeasibility study returned positive economics for Red Hill Energy’s (RH-V) Ulaan Ovoo project at t…
Capstone, New Gold, take action against swine flu
To help combat the swine flu pandemic, two Canadian-based mining companies say they will shut down their mines from…