Uranium price will rebound: analysts (Part 2)
Nick Carter, vice-president at Roswell, Ga.-based uranium consultancy Ux Consulting says that the recent steep drop…
BHP Billiton
Uranium price will rebound: analysts (Part 1)
“A roller coaster ride” would be one way to describe the uranium spot price in recent years, rising to US$136 per l…
New Nadina sees Monumental potential in Lac de Gras
SITE VISIT Lac DE Gras, Northwest Territories — It’s commonly said that the best place to look for an economic deposit is beside a mine. Well, New Nadina Explorations (NNA-V,…
Study puts Stornoway’s Aviat on the diamond map
A conceptual study suggests that Stornoway Diamond (SWY-T, SWYDF-o) could find 24.1 to 40.3 million carats of diamonds in the Eastern Sheet Complex of its Aviat project, in eastern Nunavut.
Newmont rethinks Hope Bay (October 27, 2008)
Rather than proceed with a mine plan conceived by former owner Miramar Mining that would see production begin this year, Denver, Colo.-based Newmont Mining (nmc-t, nem-n) has taken a step back at the …
Freeport McMoRan highlights positives for copper at Denver
In a presentation at the Denver Gold Forum in September, Richard Adkerson, president and CEO of Freeport McMoRan Co…
Newmont rethinks Hope Bay (October 16, 2008)
Rather than proceed with a mine plan conceived by former owner Miramar Mining that would see production begin this …
Positive results for Stornoway’s Aviat diamond project
A conceptual study suggests that the Eastern Sheet Complex at Stornoway Diamond’s (SWY-T) Aviat project in eastern …
Redpath acquires Aussie mining contractor Eroc
North Bay, Ont.-based mining contractor The Redpath Group has cemented its place in the Australian mining sector through its acquisition of Eroc Pty. Ltd.
Waratah’s coal project nixed in Queensland (September 22, 2008)
An environmental ruling against Waratah Coal’s (WCI-V, WGO-A) multibillion-dollar proposal for a major coal port development on the east coast of Australia has crushed the stock. On the news, Waratah …
China: From investee to investor
The past decade has seen China gradually shift from being a net recipient of overseas investment in the mining sector to being a net provider of mining investment overseas. Companies have to recognize…
Chinalco limited to 15% Rio Tinto stake
The Australian government has approved a maximum holding of 14.99% in the shares of Rio Tinto PLC( RTP-N, RIO-L) for Aluminum Corp. of China (Chinalco). The approval is subject to the conditions that …