Monument Starts To Sparkle For New Nadina
VANCOUVER — Drill results from the Monument diamond project in the Northwest Territories point to the possibility of finding sizable stones, say its joint-venture owners.
News
Chile Aiding Smaller Copper Miners
VANCOUVER — The Chilean government’s national mining company responsible for assisting small and medium-sized copper producers, ENAMI, will likely pay US$1.99 per lb. copper to those producers until …
Monument Loses $10M Credit Line
VANCOUVER — Two lenders have backed out of a $10-million credit facility earlier promised to Monument Mining (MMY-V, MMTMF-O). But despite the loss of funds, the company says construction of its Seli…
Sprott’s Moly Fund Is Done
Falling molybdenum prices have ended the Sprott Molybdenum Participation Corp. (MLY-T) fund.
Avalon Gets Top Drill Grades From Lake Zone
Avalon Ventures (AVL-T, AVVTF-O) set out to define the eastern, southern and western margins of the Lake zone at its Thor Lake rare metals project near Yellowknife, N. W. T. But encouraging drill resu…
Moon Dust And Hairy Rocks
The Royal Ontario Museum (ROM) in Toronto has opened the doors to its Earth’s Treasures exhibit located in the Teck Suite of Galleries, sponsored by Teck (TCK. B-T, TCK-N).
LME Warehouse Levels (January 19, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 13, 2009 (change from Jan. 6 in brackets):
Continental Nickel Makes Headway In Tanzania
Nickel prices may be in the dumps, but that isn’t dampening Continental Nickel’s (CNI-V, CNKDF-O) drive at its Nachingwea nickel sulphide project in Tanzania, which recently returned some encouraging …
Andina Riding High At Volcan
SITE VISIT COPIAPO, CHILE — Using its US$19 million in working capital, Andina Minerals (ADM-V, ADMNF-O) is moving forward on its advanced Volcan gold-sulphur exploration project here, high in the…
Debt Troubles Start To Pile Up For Miners
VANCOUVER–For a growing number of mining companies unable to make payments on significant debts, the prospects for a happy new year are growing dim.
North American Tungsten Bets On Unleaded Future
VANCOUVER — North American Tungsten (NTC-T, NATUF-O) is transforming itself. No longer is it just a tungsten mining company responsible for making about 4% of the world’s tungsten concentrates. It is…
Editorial: Mining Sector Layoffs Pick Up Steam
Quite a few miners across Canada and beyond rang in the new year with layoff notices, as the autumn commodities bust worked its way into the employment scene.