Iamgold says Ecuador nearing new mining law
Iamgold (IMG-T, IAG-n) says Ecuador’s recent referendum, in which 63.9% of all voters supported a new constitution bodes well for a new mining law in the country. The referendum included the mandate t…
News
Cardero offered US$200M for Pampa de Pongo
Vancouver — In the midst of a flurry of questions about slowing Chinese metal consumption, Cardero Resource (CDU-T, CDY-x) saw its share price jump almost 30% on news that a Chinese group wants to bu…
Noront, Rosseau settle ahead of proxy battle
Noront Resources (NOT-V, NOSOF-o) president and CEO Richard Nemis stepped down at the company’s annual meeting on Oct. 28, but he wasn’t denied a proper send off at the at-times emotional meeting, rec…
Coal cushions Teck’s third quarter (November 03, 2008)
Vancouver — For Teck (TCK. B-T, TCK-n) coal continued to be its saving grace in its most recent quarter.
Elusive green macaw stops Infinito for now
Construction at Infinito Gold’s (IG-V, IGFFF-o) Crucitas gold mine has stopped and Costa Rican President Oscar Arias and Environment Minister Roberto Dobles have found themselves in the hot seat for s…
Trek to Galore Creek worth the effort for Romios
Vancouver — The first hole Romios Gold Resources (RG-V, RMIOF-o) drilled at its Trek property in the Galore Creek area of B. C., about 300 km northwest of Smithers, has also proven to be a copper-gol…
Suppliers News: IISI becomes World Steel Association
The International Iron and Steel Institute has changed its name to the World Steel Association to better reflect its global expansion.
Rare earth discovery in Namibia intrigues Etruscan (November 03, 2008)
Etruscan Resources’ (EET-T, ETRUF-o) initial interest in exploring northern Namibia was to find iron oxide copper-gold (IOCG) deposits and the Canadian junior believed that the rare earth occurrence a…
Editorial: Loonie plunges as oil prices slide
Canada’s loonie seems to dip and dive just like any other petrodollar these days, if the week ended Oct. 25, the 43rd trading week of 2008, is anything to go by.
Suppliers News: Atlas Copco opens new factory in North Bay
Stockholm-based mining equipment supplier Atlas Copco, has announced the opening of a new factory in North Bay, Ont.
Severstal and Chalco cutting output (November 03, 2008)
Severstal, Russia’s largest steel maker, is slashing output in Russia, the U. S. and Europe by 25-30% amidst slowing demand, according to a report by Bloomberg news.
Lake Maitland shows strong economics for Mega Uranium
Vancouver — A month after the government in Western Australia lifted a ban on uranium mining, Mega Uranium (MGA-T, MGAFF-o) released a preliminary economic assessment for its Lake Maitland project th…