Recovering stranded bitumen
There is a way to access stranded bitumen resources while at the same time improving reclamation performance — that’s what mining engineer Howard Keele would like to prove with a conceptual technolog…
News
Titan finds Japanese partner for Athabasca uranium project
Titan Uranium (TUE-V, TUEFF-O) will receive $9 million in exploration funding over the next three years from Japan Oil, Gas and Metals National Corp. (JOGMEC), in return for a 50% interest in the Virg…
Mega projects facing mounting costs
Developing Canada’s oilsands is far more complex and expensive than conventional oil and gas production. Multibillion-dollar upgraders are needed to convert the raw bitumen, a heavy, viscous material,…
Japan Canada Oil Sands to quadruple production at Hangingstone
For a decade now, bitumen production at Japan Canada Oil Sands’ (JACOS) Hangingstone demonstration plant south of Fort McMurray, Alta., has been caught between experimental mode and commercial product…
LME WAREHOUSE LEVELS (June 02, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 27, 2008 (change from May 20 in brackets):
Discoveries add lustre to Manitoba’s gold camps
VANCOUVER–Manitoba’s historic gold districts are getting a new lease on life from junior companies aspiring to become mid-tier producers. San Gold (SGR-V, SGRCF-O) has revived the Rice Lake belt, whe…
Strait Gold expands grassroots exploration in Peru (June 02, 2008)
Hoping to one day fill a void left by major companies, Peru-focused Strait Gold (SRD-V, SAIDF-O) has grown from one to four early-stage projects since going public in fall 2006.
Higher input costs will squeeze margins, Citigroup says
Despite rising costs, mining companies will still be able to deliver “sustainably higher” earnings before tax and depreciation (EBITDA) margins over the next five years than they have over the past 20…
Dia Bras sees silver lining at Cusi
Dia Bras Exploration’s (DIB-V) shares soared 27% in trading today as it reported grades of up to 5,140 grams silver…
Kinross produces first gold at Kupol in Russia’s far north
Kinross Gold (K-T, KGC-N) has produced the first gold-silver dore from its low-cost Kupol mine north of the Arctic …
Eldorado bid for Frontier puts spotlight on Perama Hill gold project
VANCOUVER — The board of Frontier Pacific Mining (FRP-V) is recommending that shareholders reject an unsolicited t…
Copper supply to remain tight until 2010, Citigroup forecasts
Copper prices are often viewed as a barometer for many other base metals and if current indications are any guidet…