A word that ‘sends money running’
In a relatively mining friendly country like Canada, few things can take the sails out of an explorer’s stock as quickly as the mention of the word moratorium.
News
No easy stroll down the yellowcake road
A global hunger for energy from a source that does not contribute to global warming means that uranium is hot these days.
Norsemont brings Constancia into focus
As Norsemont Mining (NOM-T, NOMFF-O) continues to define its Constancia copper deposit in the high Andes of Peru, its share price continues to build momentum.
Moly Mines boosts Spinifex Ridge resource (April 14, 2008)
VANCOUVER– Moly Mines (MOL-T, MOL-A) has announced a resource increase of more than 100% at its Spinifex Ridge molybdenum-copper project, located in the Pilbara region of Western Australia.
‘Saudi Arabia’ of uranium off limits, for now
The Navajo Nation covers more than 70,000 sq. km in the Four Corners area of the American Southwest. It’s a land known as much for its deep canyons and rugged terrain as it is for the Navajo tradition…
Tribune, Fission, hunt for North Shore targets
Joint-venture partners Tribune Uranium( TCB-V, TCBZF-O) and Fission Energy (FIS-V, FSSIF-O) have planned a 700-line-km airborne geophysical survey and a 1,000- metre drill program for their Grey Willo…
New Pacific sees lift on HNK drilling
A new high-grade gold vein assaying well into the double digits on New Pacific Metals’ (NUX-V, NUXFF-O) HNK property in Guangdong province, China, pushed its shares up 40% recently.
Proposed mines showing robust economics
The week ended April 5, the fourteenth trading week of 2008, started off on a high note, with a positive new economic study of the top Canadian gold play of the past year: Osisko Exploration’s wholly …
Miners must prepare for new accounting standards
The issue of International Financial Reporting Standards (IFRS) has been on the radar in Canada for a number of years, and it’s been an issue simmering on the back burner for many companies. However, …
PEOPLE (April 14, 2008)
Apella Resources — Mehmet Taner appointed to the geological advisory committee.
Aker Solutions to take on Palmarejo mine
Norwegian engineering and construction company Aker Solutions has been contracted to perform construction management at Coeur d’Alene Mines’ (CDM-T, CDE-N) Palmarejo project.
PRODUCER AND DEALER PRICES (April 14, 2008)
Antimony: Mid-mkt US$5,766/t.