PNG’s Whittington looks to repeat Farallon success
Having dealt himself out of a job earlier this year, Dick Whittington now has his eyes firmly set on developing an advanced-stage underground gold project in Papua New Guinea.
News
Market shrugs for NovaGold’s Galore Creek PFS
NovaGold Resources (NG-T, NG-X) has released a new prefeasibility study (PFS) for its 50%-owned Galore Creek copper-gold project in northern B.C. nearly six years after completing it the first time around.
Cashed-up Century Iron exploring Quebec, Labrador
Backed by deep-pocketed investors, Century Iron Mines (FER-V) has launched as a new iron play in Quebec and the Labrador Trough.
Editorial: Hello, US$1,800 gold
August 5 was a day for the history books, as Standard and Poor’s lowered its rating on America’s long-term sovereign credit to “AA+” from “AAA” with a “negative outlook.” This is the first-ever downgrade of the U.S. debt by a major bond-rating…
Commentary: What you need to know about changes to NI 43-101
Canada is home to the majority of the world’s public mining companies and the majority of mining company financings are completed in Canada. As a result, Canada has one of the most developed regulatory systems for mining companies, and its…
People
Aberdeen International — George Faught resigned as CEO, but appointed as the vice-chairman and remains a director; David Stein appointed CEO.Altiplano Minerals — Charles Chebry resigned as president and CEO; John McCaffrey resigned…
Obituary: Scintrex founder Harry Seigel a giant of geophysics
Canadian mining has its “Greatest Generation” too, and lost one of its foremost members with the passing of geophysicist extraordinaire Harold O. Seigel on July 13 at North York General Hospital in Toronto.
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Aug 9, 2011
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug 8, 2011 (change from Aug 1 in brackets):
Producer and dealer prices
Antimony: Mid-mkt US$14,750.00/t
Daily metal prices
DateAug 8Aug 5Aug 4Aug 3Aug 2