Volume 97 Number 23 Jul 25 - 31, 2011

At Wallbridge Mining's Broken Hammer copper-platinum-palladium-gold project near Sudbury, Ont., from left: manager of joint ventures Joshua Bailey; director Darryl Sittler; president and CEO Alar Soever; director Parviz Farsangi; and chairman Warren Holmes. Photo by Salma Tarikh

Wallbridge eyes producer status

It’s been a slow ride for Wallbridge Mining (WM-T), but one that has been picking up. With one spin out, another in the making and a project near production, the explorer is ready to change gears. 


At Pele Mountain Resources' Eco Ridge REE-uranium project in Elliot Lake, Ont. Photo by Pele Mountain Resources

Pele shares surge on Eco Ridge’s PEA

Pele Mountain Resources’ (GEM-V) shares got a healthy boost on the back of a positive preliminary economic assessment (PEA) that shows its Eco Ridge rare earth element (REE) and uranium project in Elliot Lake, Ont., could potentially be…



Fortune, Posco to hook up

To advance its Mount Klappan anthracite coal project in northwest B.C., Fortune Minerals (FT-T) is partnering with South Korean steelmaker Posco.





Editorial: Chileans tire of Piera

Chile’s mining sector was rocked by a 24-hour walkout in mid-July by unionized workers at state-owned Codelco, the world’s largest copper miner. It’s the first countrywide strike at Codelco in 18 years.





People

Alamos Gold – Leonard Harris retired as a director.


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