Suppliers News (October 09, 2006)
BioteQ signs development deal with Codelco…
News
Editorial: NovaGold, Barrick edging towards year-long stalemate (October 09, 2006)
It’s easy to tell that metal prices are high and the stakes are getting even higher as we witness all the acrimony brewing between some of mining’s top CEOs….
Newmont readies market for shortfalls
Vancouver — The world’s second-largest gold producer, Newmont Mining (NMC-T, NEM-N), has given notice that bullion output from its mines will temporarily decline until it can bring new development pr…
Cumberland gets Nunavut approval for Meadowbank (October 09, 2006)
Vancouver — After a two-and-a-half-year public review process, Cumberland Resources (CLG-T, CLG-X) has received the blessing of the Nunavut Impact Review Board (NIRB) for development of its proposed…
New zone at Black Angel
Recently finishing a summer exploration program at the Black Angel property in western Greenland, Angus & Ross (AGU-L) has confirmed downdip continuity of a long surface showing discovered in 2005…
People (October 09, 2006)
ATH Res. — Steven Beaumont appointed group finance director; Richard Croston resigned as group finance director; Alistair Black appointed managing director of subsidiary Aardvark TMC….
Freegold trenches high-grade at Golden Summit
Vancouver — Trench results from Freegold Ventures’ (ITF-T, FGOVF-O) Golden Summit project, near Fairbanks, Alaska, show extensive high-grade gold mineralization along significant lengths of newly dis…
Exploration spending to top US$7B: MEG study
Facts ‘N’ Figures…
Forest fires smoke out Stillwater
Production was suspended for a total of nine days at the southwestern Montana palladium-platinum mines of Stillwater Mining (SWC-N) after smoke from two large forest fires closed roads and forced loca…
Adolf Henrick Lundin
Obituary…
LME Warehouse Levels (October 09, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 2, 2006 (change from Sept. 25 in brackets):…
Quadra trumped in bid for Equatorial
Losses related to a hedging program and operating challenges at the Robinson copper-gold mine near Ely, Nev., pushed Quadra Mining (QUA-T, QADMF-O) into the red during the latest quarter ended June 30…