Mining co-op students looking for placements
Sudbury, Ont.-area Rainbow District School Board is searching for placements for students in its recently created mining-focused high school program.
News
Copper Mountain hits new mineralization
VANCOUVER — The planned super pit at the revived Copper Mountain mine may have to be even bigger than designed, as the latest drilling by Copper Mountain Mining (CUM-V, CPPMF) has revealed two new mi…
ICS Copper plots fresh course at Mokambo
VANCOUVER — Capital markets have not been kind to junior companies struggling to make the transition from exploration to mine development. ICS Copper Systems (ICX-V) has adopted a novel approach to r…
Western Areas to fast-track Spotted Quoll
Seven months after discovering the shallow Spotted Quoll nickel deposit, Western Areas (WSA-T, WSA-A) has completed a scoping study and plans to fast-track the project into production next year.
Duluth Metals boosts resource in Minnesota
Duluth Metals (DM-T) has added some heft to its resource estimate for the Nokomis deposit in northeastern Minnesota’s Duluth base metals complex.
Golconda Resources acquires Lyncorp Drilling
Calgary-based Golconda Resources (GA-V, GOLCF-O) has announced its acquisition of Lyncorp Drilling Services.
Cabo secures Cobalt contract
Cabo Drilling (CBE-V, CBEEF-O) has signed a contract with International Millennium Mining (IMI-V, IMLMF-O), to drill at the company’s Cobalt property, in northeastern Ontario.
Intex begins Mindoro feasibility
Intex Resources has launched a feasibility study for its Mindoro nickel laterite project in the Philippines.
PEOPLE (June 16, 2008)
Aquiline Resources — Ken Thomas appointed a director.
LME WAREHOUSE LEVELS (June 16, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 10, 2008 (change from June 3 in brackets):
Copper supply to remain tight to 2010: Citigroup
Copper prices are often viewed as a barometer for many other base metals and — if current indications are any guide — there’s nowhere to go, it seems, but up.
SPOT PRICES (June 16, 2008)
COURTESY OF SCOTIABANK