Anglo American sells remaining stake in AngloGold Ashanti
Anglo American (AAUK-Q, AAL-l) no longer owns any shares in AngloGold Ashanti (AU-N, AGD-l).
News
BC bans uranium and thorium exploration permits
Vancouver – The prospect of uranium mining in B.C. received a final blow as the provincial government moved to proh…
Mexican Silver Mines to earn in to Iamgold’s La Arena
Vancouver – Less than two years into its corporate life Mexican Silver Mines (MSM-V) wants to get into production…
Huge loss for Uranium One
Uranium One (UUU-T) reported a net loss of US$258.8 million for the fourth quarter of 2008, amounting to a total lo…
Situation in Madagascar worsening
Madagascar is in a state of upheaval, and while foreign miners with operations there say they have thus far been un…
Raising $5.3M Helio CEO details Tanzanian drill program
Vancouver – A cashing-up Helio Resource (HRC-V, HELOF-O) is tentatively planning a 20,000 metre drill program at it…
Tanzanian Royalty and Songshan Mining sign option agreement
In a deal that brings together two of his interests — Africa and the emerging economies of Asia, and in particular…
Coeur d’Alene poised to open Mexican mine
It was less than a year ago that Coeur d’Alene Mines (CDM-T, CDE-n, CXC-a) opened its massive San Bartolome silver …
Rio Tinto Gets US$761M For Jacobs Ranch Coal Mine
Rio Tinto’s (RTP-N, RIO-L) recent US$19-billion cash infusion from Chinese state-owned Aluminum Corp. of China (ACH-N) (Chinalco) hasn’t slowed the pace of the debt-laden major’s asset sales.
Clarification (March 16, 2009)
In our Feb. 9-15/09 issue, we stated in the article “Cliffs buys into KWG on ‘Ring of Fire’ chrome discovery” that chrome is a byproduct of Bushveld platinum group metals mining.
People (March 16, 2009)
Augyva Mining — Simon Britt has stepped down as CFO but will continue as an independent consultant to the company; Lynda Paulin reappointed CFO.
TSX Venture Exchange – March 3-9
It was continued dreariness on the S&P/TSX Venture composite index for the March 3-9 reporting period. Since mid-February — and the end of a small rally on the Venture Exchange — there have only…