China demand boosts aluminium prices
Growing optimism about China’s demand for cars, property and power grid construction coupled with a weaker US …
News
Apollo’s Giant Leap To Production
SITE VISIT TIMMINS, ONT. — Long pincers clasp and pull a heavy rectangular object out of a shallow pool of water. It is carried over to a large table where…
Randgold Outbids Red Back For Moto Goldmines
Randgold Resources (GOLD-Q , RRS-L) has caused some commotion by topping Red Back Mining’s (RBI-T, RBIFF-O) June 1st bid for Moto Goldmines (MGL-T, MTOGF-O), kicking off a potential bidding war.
IMA, Kobex And International Barytex Plan Merger
The proposed merger of three junior explorers would create a cash-rich company with a star-studded cast of directors including Canadian Mining Hall of Fame inductee Roman Shklanka and Alexander Davids…
New GM Shuns Stillwater Palladium
Montana-based Stillwater Mining (SWC-N), the only palladium producer in the United States, is objecting to post-bankruptcy General Motors’ decision to terminate its palladium and rhodium supply contra…
Vale Signs Option On Intrepid Project
Intrepid Mines (IAU-T, IAU-A) has agreed to option 60% of its Tujuh Bukit sulphide copper-gold project in East Java, Indonesia, to Vale (VALE-N) for a total of US$40 million.
Tirex Adds Promise At Mirdita
VANCOUVER — Tirex Resources (TXX-V, TIRXF-O) is slowly proving the precious and base metal potential of its Mirdita project in central Albania. Lately, the proof has come from the Letitna zone, where…
Record Production For Uranium One In Kazakhstan
VANCOUVER — Uranium One (UUU-T, SXRZF-O) has announced record production results from its Kazakhstan mines and an increase in resources at one of those mines as the company’s share price labours to r…
Euromax Receives US$13.5M Payment For Bulagou
VANCOUVER — With US$13.5 million now in the bank from the sale of a gold property in China, Euromax Resources (EOX-V, EOXFF-O) is ready to step up exploration efforts on its projects in Macedonia and…
Juniors Buddy Up
The summertime flurry of merger and acquisition proposals in the junior mining sector grew to a squall during the 28th trading week of the year.
Uranium Symposium Covers State Of The Art
The U2009 uranium symposium held in Keystone, Colo., in May, covered progress on a number of fronts in uranium mining technology, including uranium extraction, exploration and in-situ production.
One Year Later, Anaconda Still Fixing Pine Cove Mill
Anaconda Mining (ANX-T, ANXGF-O) has started shipping ore from its Pine Cove gold mine in Newfoundland to Crew Gold’s (CRU-T, CRUJF-O) nearby Nugget Pond mill while it tries to figure out what’s wrong…