The Chinese government is about to establish a state-run auction house for the purpose of selling the country’s mining rights to the highest bidder.The auction house, known as China Mining Lianfa Auct…
DateNov. 5Nov. 4Nov. 1Oct. 31Oct. 30HighLowTSX Composite6399.646432.656321.406248.80633…
Vancouver — Drilling by Ivanhoe Mines (IVN-T) has significantly expanded a zone of copper-rich mineralization at the Oyu Tolgoi gold-copper project in southern Mongolia.Six holes spaced 100-120 metre…
The Shanghai Gold Exchange is opening just as gold prices are returning to levels they had not seen in five years (neglecting the brief spike at the time of the Washington gold-sales agreement in late…
Antimony: Mid-mkt US$2,850/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.40/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.20-6.95/lb.Copper: Comex Dec US$0.7255/lb.
Exploring for minerals in the sleepy, rural districts of Nova Scotia can sometimes produce trials and tribulations.In the late 1960s, I wanted to drill just one hole for barite in Sam King’s sheep pas…
A pit failure at the Kumtor gold mine in Kyrgyzstan more than halved Cameco’s (CCO-T) earnings in the third quarter.For the three months ended Sept. 30, Cameco pocketed $7 million (or 12 per share) o…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 5Nov. 4Nov. 1Oct. 31Oct. 30US$ in C$1.55621.55501.5576…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 5 (change from Oct. 29 in brackets):MetalStock (tonnes)ChangeAluminium1296925(+2…
Vancouver — Junior St. Elias Mines (SLI-V) has launched a 1,500-metre drill program on the Gralheira-Jales gold property in northern Portugal.Situated in the Tras-O-Montes region, the project covers …
A $29.8-milllion writedown on its investment in troubled Aussie laterite nickel miner Anaconda Nickel sent Sherritt International (S-T) $1.1 million into the red during the three months ended Sept. 30…
Members of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) are invited to the CIM’s 78th annual oyster party on Nov. 14 at First Canadian Place.In addition to oy…
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