Odds ‘n’ sods: The story of Red Lake
— The following is an excerpt from Red Lake: Golden Treasure Chest, a new 164-page book by Michael Barnes chronicling the community and mines that have sprung up northwestern Ontario’s gold-rich Red …
News
Editorial: Sinkin’ zinc
The week ended Aug. 16, the 33rd trading week of 2008, was a rotten one for metal prices and metal stocks, with a softening global economic outlook translating into reduced metals demand, lower metals…
Cyr Drilling and Webequie First Nation partner up
Winnipeg-based diamond driller Cyr Drillinghas entered into a joint venture with the Webequie First Nation in Ontario’s “Ring of Fire” polymetallic exploration camp.
PEOPLE (August 25, 2008)
Andean Resources– Christopher Van Tienhoven appointed country manager for Argentina.
Mosquito builds team for CUMO feasibility
Mosquito Consolidated Gold Mines( MSQ-T) has hired three companies to conduct a feasibility test at its Cumo molybdenum-copper project, in south-central Idaho, 15 km southwest of Idaho City.
Xstrata Copper to spend $121 M to extend Kidd
Mining giant Xstrata’s (XSRAF-O, XTA-L) subsidiary Xstrata Copper will invest $121 million to extend the life of its Kidd polymetallic mine near Timmins, Ont.
Serengeti expands Kwanika (August 25, 2008)
VANCOUVER — With the assays in hand from another dozen drill holes from an ongoing 59-hole campaign this year at its Kwanika property, about 250 km east of Smithers, B. C., Serengeti Resources’ (SIR-…
Aussie billionaire to form China-focused resource giant
An Australian billionaire plans to launch his private company, Resource Development International (RDI), as a resources giant that would supply iron ore, nickel and energy to China.
Intrepid posts Indonesian resource (August 25, 2008)
VANCOUVER — A resource estimate for a portion of the Tujuh Bukit gold project in Indonesia only a few months after Intrepid Mines (IAU-T, IAU-A) acquired the project through a merger with Emperor Min…
LME WAREHOUSE LEVELS (August 25, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 19, 2008 (change from Aug. 12 in brackets):
SPOT PRICES (August 25, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (August 25, 2008)
Antimony: Mid-mkt US$6,350.00/t.