Facts ‘n’ figures: New global steel numbers
The following tables have been released by the World Steel Association as part of its World Steel in Figures 2012 report. For the full report, visit www.worldsteel.org.
Volume 98 Number 21 Jul 9 - 15, 2012
Bolivian gov’t seizes Glencore’s Colquiri mine
The Bolivian government’s recent decision to nationalize Glencore International’s (GLEN-L)Colquiri lead-tin mine “will pose a number of serious questions relating to the government’s future policy towards foreign…
Centerra drops as Kyrgyz gov’t reviews Kumtor
Centerra Gold (CG-T) plunged more than 30% on June 22, as the Kyrgyzstan parliament debated the fate of the company’s Kumtor gold project in the country while investors worried about the possibility of Centerra losing its mining…
RCMP investigates Cardero’s activities in Ghana
Despite promising early results from its Sheini iron ore project in Ghana, Cardero Resource (CDU-T) could be facing a few legal headaches.The Royal Canadian Mounted Police (RCMP) has launched an investigation into how Cardero won the…
People
Allana Potash — Richard Kelertas appointed senior VP of corporate development.American Vanadium — Ron Espell appointed VP of environmental.Atico Mining — Fernando Ganoza appointed CEO.Augusta Resource — Raghunath…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 2 June 29 June 28 June 27 June 26 US$ in C N/A 1.0191 1.0333 1.0257 1.0265 …
Gran Colombia builds up Marmato
Gran Colombia Gold (GCM-T) has boosted the resources at its Marmato gold project in Colombia, although it cost a bit of grade to do so.The company says measured and indicated resources stand at 409.7 million tonnes grading 0.9 gram gold…
Gold takes the spotlight at Aldridge’s Yenipazar
Aldridge Minerals (AGM-V) aims to capitalize on Turkey’s mining boom, which has drawn substantial international curiosity and investment. Aldridge has been on a bit of a roll recently with upgraded metallurgy and an expanded…
Red Eagle tickled pink with Santa Rosa in Colombia
Colombia-focused junior Red Eagle Mining (RD-V) has hit encouraging high-grade gold intercepts in a phase-two drill program at its Santa Rosa project near Medellin, although the final drilling from phase one did not fare as well.Hole 42…
WCB hunts gold, copper on PNG’s Misima Island
When Xstrata (XTA-L) put its share of the US$5.3-billion Frieda River copper project in Papua New Guinea on the market in late June, there were a few raised eyebrows at the state of affairs in the country — especially given…
Uranerz discovers new uranium trend in Wyoming
Uranerz Energy (URZ-T, URZ-X) says it has discovered a new uranium trend on its Monument project, 24 km southeast of where the company is building its first in-situ recovery uranium mine at the Nichols Ranch project in Wyoming’s…