Cline moves toward production at New Elk coal mine
With a coal preparation plant, silos and mining equipment now in its hands, Cline Mining (CMKT, CLNMF-O) is one step closer to bringing the New Elk mine in Colorado back into production.
News
Chariot sorts out delays to Mina Justa feasibility
Investors awaiting the completion of Chariot Resources’ (CHD-T, CHDSF-O) feasibility study for the Mina Justa copper deposit at its Marcona project, in Peru, will have to wait a little bit longer.
La Mancha sees rise in production, costs
While gold production is on the rise for La Mancha Resources (LMA-T, LACHF-O), so, too, are its costs, and its recent first-quarter results were unable to generate positive momentum on the market.
Editor’s Picks: Top Stories of Week 20
The week ended May 17, the twentieth trading week of 2008, was punctuated by a massive earthquake in China’s Sichuan province that killed at least 40,000 people, left millions homeless and damaged muc…
Golden Goose raises Lac Levac resource (May 26, 2008)
Golden Goose Resources (GGRV, GGOSF-O) has released an updated resource for its Lac Levac copper-nickel-cobalt-platinum group elements project near Nemiscau, in the James Bay area of northern Quebec.
BC mining industry stays healthy in 2007
VANCOUVER–British Columbia’s mining industry produced strong financial results in 2007, driven as elsewhere by base metal prices and global demand, though net earnings were down compared with the rec…
Reed Lake still holds promise for VMS Ventures
VANCOUVER — Though the initial excitement over VMS Ventures’ (VMS-V, VMSTF-O) Reed Lake discovery in Manitoba has died down, the project continues to produce significant results.
PEOPLE (May 26, 2008)
PEOPLE Aleris International – J. Steven Whisler appointed a director. Asian Mineral Resources – Collin Ellison appointed president and CEO. Aurizon Mines – Andre Falzon appointed a director. Geodex Minerals…
Canadian Mining Hall of Fame calls for submissions
The Canadian Mining Hall of Fame (CMHF), has put out its annual call for nominations for next year’s inductees.
Amarillo jumps on Brazilian drilling (May 26, 2008)
VANCOUVER — Amarillo Gold (AGC-V, AGCBF-O) shot up 57% in one day’s trading after results from four stepout holes at its Lavras do Sul project in southern Brazil showed good gold mineralization over …
SUPPLIERS NEWS (May 26, 2008)
Sunridge selects Wardrop for scoping study
LME WAREHOUSE LEVELS (May 26, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 20, 2008 (change from May 13 in brackets):