Suppliers News (February 07, 2011)
Sudbury supports new office at CEMI
News
Canada keeps no. 2 spot for 2010 exploration
The following was released by the Metals Economics Group (MEG), based on its Corporate Exploration Strategies study which examines global exploration budgets. For more information visit: www.metalseconomics.com.
Editorial: Coal gets respect
As if anyone needed more confirmation that coal has come back in a big way, the fourth week of January served up the biggest merger in U.S. coal mining history.
Commerce gets more rare-earth assays
Assays for the final five holes from Commerce Resources’ (cce-v, cmrzf-o) 2010 drill program at its Ashram rare-earth zone on its Eldor project in northern Quebec bring the junior one step closer to completing a National Instrument 43-101…
Roundup: Commodities outlook
The final technical session at the Mineral Exploration Roundup hosted by the Association for Mineral Exploration British Columbia (AME BC) looked at the potential of thermal coal, uranium, vanadium, molybdenum, copper and, of course, gold.
Alpha, Massey to hook up
The proposed merger of Alpha Natural Resources (ANR-N) and Massey Energy (MEE-N) announced Jan. 29 will create a top-three global metallurgical coal producer in a transaction that will be cash flow accretive in the first full year of operation…
Roundup: We need more discoveries
This year’s Mineral Exploration Roundup attracted 7,000 delegates from around the world, a new record for the annual conference hosted by the Association for Mineral Exploration British Columbia (AME BC). But in keeping with the theme,…
Joe Conway’s Primero has big plans for San Dimas
Before he stepped down a year ago as president and chief executive of Iamgold (IMG-T, IAG-N), Joseph Conway successfully transformed the company from a $50-million joint-venture player to a $6-billion leading intermediate gold producer. Now the…
Midway positioning Pan for production
Eureka, Nevada – Using the Pan gold project in Nevada as a springboard, Midway Gold’s (MDW-V, MDW-X) President and Chief Operating Officer Kenneth Brunk is intent on transforming the company into a producer. He is confident that this year’s…
Will election results usher in a new era of prosperity for CAR?
The results from the election in the Central African Republic are in and President Bozize has held on to office by a wide margin of victory. Despite Bozize’s election success, however, it is difficult to get a grasp on where the troubled…
Cliffs says high electricity prices in Ontario are a challenge
Cliffs Natural Resources (CLF-N) warned in a conference call today that high electricity rates in Ontario are forcing it to widen its search for a location to build a proposed ferrochrome production facility that will utilize a closed electric…
Sunridge hits more high-grade copper-gold in Eritrea
Vancouver -Sunridge Gold (SGC-V) has released its second round of drill results in two weeks, with more significant gold-copper-silver hits at its Asmara project in Eritrea.