Study predicts robust economics at Mary River
It took four years and $170 million, but the definitive feasibility study on its 100%-owned Mary River direct- shipping iron ore project was well worth the wait, Baffinland Iron Mines (BIM-T, BIMGF-O)…
News
Alberta Star upbeat on Contact Lake (February 25, 2008)
Grab samples from its Contact Lake property on the south side of Echo Bay, in the Northwest Territories, appear to lend heft to Alberta Star Development’s (ASX-V, ASXSF-O) assertions that the company …
Tower Hill tallies Livengood resource
VANCOUVER — International Tower Hill Mines (ITH-V, THM-X) sees major potential for its flagship Livengood project, in Alaska, now that an initial resource estimate has outlined a significant gold dep…
Early figures point to sound economics at Barytex’s Shituru
VANCOUVER — A recently completed scoping study that forecasts robust economics at International Barytex Resources’ (IBX-V, IBYXFO) Shituru copper project, located in the Democratic Republic of the Co…
Mirabela studies smelter option at Santa Rita nickel project
It would cost Mirabela Nickel (MNB-T, MBN-A) about US$254 million to build a nickel sulphide smelter for its Santa Rita project in Brazil, a scoping study reveals. Operating costs would clock in at ro…
B2Gold settles into Colombia (February 25, 2008)
VANCOUVER — In its first major move since debuting on the market in December, B2Gold (BTO-V, BGLPF-O) has worked a deal with AngloGold Ashanti (AU-N, AGD-L) to get its hands on a significantly increa…
HudBay cuts Callinan royalty cheque for 777 mine
HudBay Minerals (HBM-T, HBMFF-O) has paid $2.4 million to Callinan Mines (CAA-V, CCNMF-O) as part of a net profit interest (NPI) and royalty agreement for a Manitoba property that sparked a contentiou…
New Horizons (February 25, 2008)
Kinross Gold has teamed up with the University of Guelph to establish a new education and research network between Canada and Brazil.
Platinum cracks US$2,000-per-oz barrier
A meteoric rise in platinum prices grabbed the mining sector’s attention during the week ended Feb. 16, the seventh trading week of 2008.
Jinchuan Nickel buys new mine hoist from ABB
Chinese mining giant Jinchuan Group has signed a contract with the Swedish power and automation technology group, ABB, to purchase a mine hoist for its nickel mine near Jinchang.
Metallic Ventures taps SRK for Goldfield feasibility
Nevada-based Metallic Ventures Gold (MVG-T, MTLVF-O) has enlisted SRK Consulting to complete a National Instrument 43-101-compliant feasibility study, and conduct environmental baseline data collectio…
Finning marks 75 years as Caterpillar Dealer
Finning International (FTT-T, FINGF-O), the world’s largest Caterpillar (CAT-N) dealer, is celebrating 75 years in business.