FACTS AND FIGURES World mining equipment demand to grow 5% annually
World demand for mining equipment is expected to grow 5% annually through 2011, according to a new report issued by Ohiobased research group, Freedonia.
2008
AMEC acquires Smith Williams
In an effort to strengthen its presence in the western United States, international engineering and project management company AMEC has purchased Smith Williams Consultants.
Crosshair budgets $10M for Labrador
Crosshair Exploration & Mining (CXX-V, CXZ-X) has closed a $15- million bought-deal financing to continue exploring on its Central Mineral Belt uranium property in Labrador.
Northern BC power line could spark investment
VANCOUVER — A power line into northern British Columbia could attract $3.5 billion in mining investment, according to the preliminary results of an independent study by Macquarie North America.
TORONTO STOCK EXCHANGE (April 28, 2008)
Solid gains by potash producers and explorers helped the TSX Composite Index surge to a five-month high over the April 15-21 trading period. The index rose 582.56 points, or 4.2%, to close at 14,321.1…
TSX VENTURE EXCHANGE (April 28, 2008)
The S&P-TSX Venture Composite Index managed a small gain in the third week of April, closing the April 15-21 trading session up 12.16 points at 2,559.82.
LME WAREHOUSE LEVELS (April 28, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 22, 2008 (change from April 15 in brackets):
Champion expands iron property in Labrador
Champion Minerals (CHM-V) is buying up yet more land next door to its wholly owned Attikamagen Lake iron property in Labrador.
SPOT PRICES (April 28, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (April 28, 2008)
Antimony: Mid-mkt US$5,950/t.
ValGold files resource on Garrison gold property
The main sulphide gold zones of its 100%-owned Garrison gold property in northeastern Ontario contain an indicated resource of 186,725 tonnes grading 8.06 grams gold per tonne, ValGold Resources (VAL-…
Ban on BC uranium exploration now official (April 25, 2008)
Vancouver – Uranium exploration and development has been unofficially banned in the province of British Columbia fo…