Mining stops, then starts in Guinea
The coup in Guinea has had an impact on miners in the country – if not for very long.
News
Demand for thermal coal to slide in 2009
The New Year will bring the lowest growth in demand for thermal coal imports (0.5%) on the international market in …
Fronteer expects Long Canyon resource in Q1 ’09
Fronteer Development Group (FRG-T) has released some strong gold grades from recent drilling on its 51%-owned Long …
Linear Gold to wed Central Sun Mining
With the well of money run dry, the mining industry is likely to witness a few marriages of convenience in the mont…
Exeter advances Caspiche and Cerro Moro
Copiapo, Chile — The road from the city of Copiapo to Exeter Resource’s (XRC-V, XRA-X) Caspiche gold-co…
Clock Starts Ticking For Geologix
The countdown has begun for Geologix Explorations (GIX-T, GXEXF-o).
International Quotes (December 29, 2008)
Australia (A$) Dec 19 Dec 16 Change Bendigo Mining 0.16 0.17 -0.01 Kingsgate Cons. 2.80 2.85 -0.05 Lion Selection Ltd 0.73 0.67 0.06 Newcrest Mining 33.50 29.00 4.50 …
Ridgetop Shaping Up For Capstone
Vancouver– Results from the last 28 holes from Capstone Mining’s (CS-T, CSFFF-o) 2008 drill program at the Minto mine, in the Yukon, confirm good grades of relatively near-surface copper and gold wit…
Bad Commercial Paper Delays Norsemont Payment
The frozen asset-backed commercial paper market continues to affect miners, with Norsemont Mining (NOM-T, NOMFF-o) announcing that it will have to delay a payment attached to its 100% acquisition of i…
OMA Makes Suggestions For Provincial Budget
— The following is the first part of an open letter to The Honourable Dwight Duncan, Ontario’s Minister of Finance, from Chris Hodgson, president of the Ontario Mining Association outlining the OMA’s…
FNX Closes Levack, McCreedy West Nickel Mines
FNX Mining (FNX-t) is halting nickel production at its Levack mine and adjoining McCreedy West mine in Sudbury, Ont., putting 307 people out of work.
Platmin Sells Majority Stake For US$175M
Vancouver — In exchange for US$175 million — enough to finish construction of the Pilanesberg platinum mine in South Africa — cash-strapped Platmin( PPN-T, PPN-l) has agreed to hand over the keys t…