News

MineSense Technologies has completed the PreCalculatOre evaluation tool in partnership with XPS (Xstrata Process Support) and Sudbury’s Centre of Excellence in Mining Innovation.

Peterstow Aquapower has developed a drilling system which promises to save mining companies millions of dollars in capital and operational costs, while dramatically reducing the industry’s environment…

Software services provider Micromine has opened a new regional office in Santiago, Chile, to increase the company’s presence in South America.

SGS’s Advanced Systems Group has released a new version of its flagship AHEAD (asset health, effectiveness and diagnostics) toolkit for asset performance management.

Amerigo Resources — Steven Dean resigned as chairman but remains a director; Robert Gayton appointed chairman; Klaus Zeitler appointed CEO and remains president.

The TSX composite index came off a bit as the holiday season approached. The index fell roughly 160 points to finish at 13,201 for the Dec. 13-17 week.

The S&P-TSX Venture composite index endured a rocky ride over Dec. 13-17, with gains cancelling out losses to leave the board up 10.03 points, at 2,134.33. Daily trading volumes remained strong, a…

U.S. markets felt the chill in the air during the week before Christmas. The Dow Jones industrial average edged up 81.59 points to finish at 11,491.91, while the S&P 500 rose 3.51 points to 1,243….

COURTESY OF SCOTIABANK

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec 20, 2010 (change from Dec. 6 in brackets):

Antimony: Mid-mkt US$10,100/t.

Date Dec. 20 Dec. 17 Dec. 16 Dec. 15 Dec. 14 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2240/2200 2220/2180 2220/2180 2260/2220 2280/22…