Business As Usual After Guinea’s Military Coup
It didn’t take long for unrest to take hold in Guinea after the country’s long-serving president was pronounced dead on Dec. 22 and that has meant increased uncertainty for miners in the country.
2009
International Quotes (January 12, 2009)
Australia (A$) Jan 6 Dec 23 Change Bendigo Mining 0.15 0.15 0.00 Kingsgate Cons. 3.53 3.09 0.44 Lion Selection Ltd 0.78 0.73 0.05 Newcrest Mining 31.60 32.40 -0.80 Zi…
First Bauxite’s ‘Huge Vision’
VANCOUVER — There’s a new junior exploring for bauxite, the redcoloured rock that provides the world with aluminum. And the company is no shrinking violet — with support from a major, First Bauxite …
U. S. Department Of Energy Plans Surplus Uranium Sales
The U. S. Department of Energy (DOE) has announced plans to sell its surplus uranium inventory over the next nine years. The sales will total the equivalent of about 59 million lbs. uranium oxide, rea…
TSX Venture Exchange – Dec. 23-Jan. 5
Ringing in the new year, festive investors lifted the S&P/TSX Venture Exchange 131.5 points during the Dec. 23-Jan. 5 trading session. The Venture board had one of its best runs in over a year, re…
Toronto Stock Exchange – Dec. 23-Jan. 5
Rising oil prices and renewed faith in financials helped inject a level of strength in the TSX composite index that investors have not seen for some time. The index gained 12% over the Dec. 23-Jan. 5 …
Lme Warehouse Levels (January 12, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 6, 2009 (change from Dec. 30 in brackets): Aluminium Alloy 103980 (2100) Aluminium 2357100 ( 55075) Copper…
Silver Eagle Suspends Mining At Miguel Auza
The Mexican government has given its stamp of approval to an agreement Silver Eagle Mines (SEG-T, SVEGF-O) has reached with its union to temporarily shut down the company’s Miguel Auza mine in Zacatec…
MagIndustries Makes Headway At Kouilou
Using a treasury that held consolidated working capital of more than US$100 million in September, Mag- Industries (MAA-V, MAAFF-O) continues to advance its Kouilou potash project in the Republic of Co…
People (January 12, 2009)
Andina Minerals — George Bee appointed president, CEO and a director; Carl Hansen has stepped down as president and CEO.
North American Tungsten sees unleaded future
Vancouver – North American Tungsten (NTC-T) is transforming itself. No longer is it just a tungsten mining company …
Sprott’s molybdenum fund is done
Falling molybdenum prices have spelt the end of the Sprott Molybdenum Participation (MLY-T) fund.