More Gold At Chirano And Tasiast For Red Back
VANCOUVER — Red Back Mining (RBI-T, RBIFF-O) has boosted resources and reserves at both its operating open-pit gold mines in West Africa.
News
Marcona Returns Solid Numbers For Chariot
After a long wait, Chariot Resources( CHD-T, CHDSF-O) has finally released a feasibility study on its Mina Justa copper project, located on its Marcona property in Peru, and the results are solid.
Goldcliff Hits Shallow Gold In Southern BC
VANCOUVER — Drills probing beneath the Bonanza trench at the Panorama Ridge property in southern British Columbia have returned some significant near-surface gold intercepts for Goldcliff Resource (G…
People (May 11, 2009)
Castle Gold — Mark Selby appointed a director.
Cliffs Idles Coal Plants
As the economic crisis continues to squash demand for steel, Cliffs Natural Resources (CLF-N) is idling some of its metallurgical coal production in West Virginia and Alabama.
Western Copper Gets Go Ahead At Carmacks
VANCOUVER — The Yukon government has approved the mining licence for Western Copper’s (WRN-T, WCPCF-O) Carmacks copper project.
Sumitomo Buys Teck’s Pogo Stake
Debt-laden Teck (TCK. B-T, TCK-N) has struck a deal to sell its 40% interest in the Pogo gold mine in Alaska to its majority partner Sumitomo Metal Mining for about US$245 million in cash.
Japan, China, South Korea In Energy Shopping Spree
Taking advantage of depressed prices, energy-poor but cash-rich industrial powerhouses Japan, China and South Korea have embarked on large-scale buying of energy assets.
Producer And Dealer Prices (May 11, 2009)
Antimony: Mid-mkt US$4,250/t.
Donlin Creek Costs Hit US$4.5B
VANCOUVER — NovaGold Resources (NG-T, NG-X) has been hit with another massive projected capital cost increase: an updated feasibility study for the Donlin Creek gold project in Alaska pegged developm…
Daily Metal Prices (May 11, 2009)
Date May 4 May 1 Apr. 30 Apr. 29 Apr. 28 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday 1291/1350 1291.50/1330 1291/1330 1291/1330…
North American Stock Exchange Indices (May 11, 2009)
52-week Date May 4 May 1 Apr. 30 Apr. 29 Apr. 28 High Low S&P/TSX-Ven Comp 1027.19 1010.17 1008.98 1031.97 993.10 2735.30 678.62 TSX Composite 9870.37 9496.96 9324.83 9416.31…