Meadow Bay bringing back Atlanta gold mine in Nevada
The low gold prices of the mid-1980s forced the Atlanta gold mine in southeasten Nevada to close down. But remnants of the old mine still remain.
Volume 97 Number 37 Oct 31 - Nov 6, 20111 45
Agnico closes, writes off Goldex
In a significant blow to its bottom line, Agnico-Eagle Mines (AEM-T, AEM-N) has been forced to indefinitely shut down and write off its Goldex underground gold mine in Val-d’Or, Que., because of the mine’s physical instability.
U-Sea Colonsay sets sail
The second of nine new vessels to be operated by Canpotex through a joint venture with Copenhagen-based U-Sea Bulk has been delivered, and is expected to arrive at the Neptune Terminals facility in Vancouver’s North Shore on Nov. 7 to load…
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Oct 25, 2011
Minera IRL finds its heart’s desire in Patagonia
For many people, the word “Patagonia” conjures up images of snow-capped mountains and pristine valleys filled with frolicking seals and blissed-out ecotourists.
Boss Power wins $30M settlement from BC gov’t
Boss Power (BPU-V) has made $30 million from a uranium prospect without drilling a single hole.
Odds ‘n’ sods: Always watch out!
During the 1970s I worked at the Geco copper mine in Manitouwadge, Ont. With 650 employees, it was about half the size of a big diamond mine in Canada today.
Rio Tinto outbids Cameco for Hathor
Rio Tinto (RIO-N, RIO-L, RIO-A) has swooped in with an all-cash, $578-million bid for uranium explorer Hathor Exploration (HAT-T) and its world-class Roughrider uranium project in Saskatchewan’s Athabasca Basin.
People
Alcoa – Michael Pepper appointed president of Alcoa Power and Propulsion business unit.
Hard Creek cuts capex by $1.6B at Turnagain
Metallurgical advancements have led Hard Creek Nickel (HNC-T) to release a new preliminary economic assessment (PEA) for its flagship Turnagain low-grade nickel project in northwestern B.C.
Producer and dealer prices
Antimony: Mid-mkt US$14,700.00/t