NEMI and Aviva to merge (November 03, 2008)
Vancouver — NEMI Northern Energy & Mining (NNE. A-V, NNEMF-o),and Australian-listed Aviva (AVA-a) are merging to create a growth-oriented international coal and energy group.
Canada
First Nickel, FNX add to mine closure list
In the wake of crumbling nickel prices and mine closures, development has been temporarily suspended at a string of nickel projects, among them, First Nickel’s (FNI-T, FNKLF-o) Lockerby mine and FNX M…
Trek to Galore Creek worth the effort for Romios
Vancouver — The first hole Romios Gold Resources (RG-V, RMIOF-o) drilled at its Trek property in the Galore Creek area of B. C., about 300 km northwest of Smithers, has also proven to be a copper-gol…
Noront, Rosseau settle ahead of proxy battle
Noront Resources (NOT-V, NOSOF-o) president and CEO Richard Nemis stepped down at the company’s annual meeting on Oct. 28, but he wasn’t denied a proper send off at the at-times emotional meeting, rec…
Editorial: Loonie plunges as oil prices slide
Canada’s loonie seems to dip and dive just like any other petrodollar these days, if the week ended Oct. 25, the 43rd trading week of 2008, is anything to go by.
Rubicon drills more high-grade under Red Lake
Rubicon Minerals (RMX-T, RBY-x) has cut 2.2 metres grading 42 grams gold per tonne starting at 880 metres depth on its Phoenix project, in Ontario’s Red Lake district.
It’s a long moly Storie for Columbia Yukon (October 31, 2008)
Vancouver – Step-out drilling at the Storie molybdenum deposit continues to return long mineralized intercepts for …
Copper Mountain gets the go ahead
Vancouver – Copper Mountain Mining (CUM-T) is not letting global financial turmoil or a falling copper price get in…
Vale slashes iron ore production, trims nickel too
Saying that it is “adjusting to the new global economic scenario,” Vale (RIO-N) is dramatically scaling back its ir…
Uranium price will rebound: analysts (Part 2)
Nick Carter, vice-president at Roswell, Ga.-based uranium consultancy Ux Consulting says that the recent steep drop…
Raitt replaces Lunn as Canada’s Natural Resources minister
On the back of his Conservative Party’s Oct. 14 electoral win, Canadian Prime Minister Stephen Harper unveiled …
Uranium price will rebound: analysts (Part 1)
“A roller coaster ride” would be one way to describe the uranium spot price in recent years, rising to US$136 per l…