PEOPLE (June 30, 2008)
Agnico-Eagle Mines — Clifford Davis, J. Merfyn Roberts and David Garofalo appointed directors; Daniel Racine appointed senior VP of operations; Jean Robitaille appointed senior VP of Technical Servic…
News
TORONTO STOCK EXCHANGE JUNE 17-23
The TSX Composite Index fell 1.6% over the June 17-23 trading period, down 252.46 points to 14,691.82.
U. S. MARKETS JUNE 17-23
U. S. markets were weighed down by the high oil price during the June 17-23 trading session. The Dow Jones industrial Average fell 427 points, or 3.5%, to 11,842; the S&P 500 Index lost 42 points,…
Boom, Bust & Echo author calls for creative hiring spree
The mining industry has a five-year window to do some “creative” hiring in order to ensure a strong workforce for the future, according to renowned demographer and University of Toronto economics prof…
Cameco enters uranium enrichment business in US
The world’s leading uranium miner, Cameco (CCO-T, CCJ-N) of Saskatoon, Sask., is joining a uranium enrichment business venture in the United States.
Red Chris back on front burner
The week ended June 21, the 25th trading week of 2008, was highlighted by a court victory that is broadly encouraging for all juniors actively developing mines in Canada.
Formation Capital closes in on Idaho Cobalt
VANCOUVER — After eight years of red tape and US$14 million spent on permitting, Formation Capital (FCO-T, FCACF-O) is finally getting a green light for a high-purity cobalt mine 42 km west of Salmon…
Red Chris back on track for Imperial Metals (June 30, 2008)
VANCOUVER–The road has never been smooth for the Red Chris copper- gold project in northwest British Columbia. Now one more obstacle is out of the way.
Red-hot coal market will moderate: analysts
Coal has been a stellar performer lately, with prices advancing in recent contract negotiations for both metallurgical coal (coking coal), used in steel manufacturing, and thermal coal, used to produc…
Playing in the right sandbox
SITE VISIT ELKO, NEV. — It was a dark day for Fronteer Development Group (FRG-T, FRG-X) on April 9, when the Nunatsiavut government of Labrador…
HudBay diversifies into nickel with Skye merger
HudBayMinerals (HBM-T, HBMFF-O) and aspiring nickel producer Skye Resources (SKR-T, SKRZF-O) are combining forces, expanding Hud- Bay’s zinc and copper portfolio into nickel. Skye’s flagship asset is …
Boardroom battle brewing at U308 Corp
Aberdeen International (AAB-T, AABVF-O) wants to replace board members of U308 Corp. (UWE-V, UTREF-O) with its own slate of directors because it is “disappointed” with the company’s management and bel…