Expensive Cigar to be lit up in 2010
The Cigar Lake uranium project will go over $1 billion thanks to delays and changes to the project design, but rema…
News
PDAC sends Bill Dennis award to The Rock
Allan Keats was careful to thank those who matter most when he took the podium as a representative of Newfoundland and Labrador’s Keats-Stares clan, and winner of the Bill Dennis Prospector of the Yea…
People (March 19, 2007)
Azimut Exploration — Sylvain Guerard appointed VP of exploration.
Benton, Teck in Voisey’s search
Vancouver — Benton Resources (BTC-V) is teaming up with Teck Cominco (TCK.B-T, TCK-N) to explore for nickel on a package of Labrador claims located about 60 km north of the Voisey’s Bay mine.
Santoy bulk sample suggests high grade (March 19, 2007)
Underground sampling at the Santoy 7 zone on Claude Resources’ (CRJ-T, CGR-X) Seabee property in north-central Saskatchewan suggests bulk grades may be higher than the zone’s resource estimate.
Zinifex shaves Wolfden bid
The bid for Wolfden Resources (WLF-T, WLFFF-O) by Australian zinc producer Zinifex (ZFEXF-O, ZFX-A) will see an extended exclusive negotiation period, following discussions between the two companies.
Trigon to acquire six Utah uranium mines (March 19, 2007)
Vancouver — Broadening its foray into the uranium field, the recently renamed Trigon Uranium (TEL-V, TELWF-O) is moving to grab six past-producing uranium mines in the White Canyon mining district of…
Murgor sizes up Hudvam, Fon
Montreal-based Murgor Resources (MUG-V, MUGRF-O) has received preliminary resource figures for the Hudvam and Fon massive-sulphide deposits near Flin Flon, Man., from its consultants.
Spot Prices Courtesy Of Scotiabank Tuesday, March 12, 2007
Precious Metals Price (US$/oz.) Change Gold $650.50 +5.90 Silver $12.92 -0.02 Platinum $1207.00 +18.00 Palladium $351.00 +7.00 Base Metals Price (US$/lb.) Change Nickel $21.13 +1.87 Lead $0.85 +0.02 Copper $2.80…
LME Warehouse Levels (March 19, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 12, 2007 (change from March 5 in brackets):
Denison studying open pits at McClean, Hairhan
While chewing on two acquisitions, Denison Mines (DML-T, DNMIF-O) is digesting new resource estimates for the McClean Lake and Hairhan uranium deposits in Saskatchewan and Mongolia, respectively.
Mena raises $72M, Rusoro takes over
Vancouver — Soon after closing a $72-million brokered private placement, gold explorer Mena Resources was absorbed by project partner Rusoro Mining (RML-V, RMLFF-O) in a pre-arranged merger deal.