Agnico’s two pearls in Nunavut
It’s been a tough and ambitious foray in Canada’s Arctic for Agnico-Eagle Mines (AEM-T, AEM-N), but one that holds much promise.
Volume 97 Number 30 Sep 12 - 18, 2011
Victory to build Minago nickel mine
After spending years proving up one of Canada’s largest undeveloped nickel-sulphide deposits, Victory Nickel (NI-T) has cleared the final regulatory hurdle to build a mine at its Minago project in northern Manitoba’s Thompson nickel belt.
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Sept 6, 2011
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept 5, 2011 (change from Aug 30 in brackets):
Copper Mountain opening marks new era in BC mining
With the simple snip of a copper-tinged ribbon, Copper Mountain Mining (CUM-T) CEO Jim O’Rourke, Mitsubishi Materials CEO Hiroshi Yao and Consul General of Japan Hideki Ito officially opened B.C.’s first major metals mine of the twenty-first…
Mountain Province Diamonds attracts interest
Mountain Province Diamonds (MPV-T, MDM-X) has received “unsolicited expressions of interest from third parties” about its stake in the Gahcho Kué diamond project in Canada’s Northwest Territories.
Producer and dealer prices
Antimony: Mid-mkt US$14,250.00/t
Midas explores consolidated Idaho gold property
Recently launched Midas Gold (MAX-T) is working through a 20,000-metre drill program to prove up the potential of its consolidated gold property in Idaho’s Stibnite-Yellow Pine district.
Editorial: Normandeau’s heart will go on
The onset of autumn can bring out a reflective mood in people.
PwC Report: Mining M&A slowdown is temporary
Signs point to a slowdown in global mining mergers and acquisitions (M&A) in the second half of 2011 after a strong start to the year. Deal values and volumes have already decreased by 32% and 19% month over month in July, and a further 25%…
Mendoza gov’t rejects permit for Coro’s San Jorge
The provincial government of Mendoza has failed to ratify an environmental impact declaration (EID) for Coro Mining’s (COP-T) San Jorge copper-gold porphyry project in western Argentina, voting against allowing the company to build an open-pit…