GobiMin posts 2007 results; dividends up 150%
It was a big year in China for Gobi- Min (GMN-V). The Canadian junior’s two operating nickel sulphide mines in northwestern Xinjiang province, which borders Tibet, drove revenues up nearly 100%.
Articles by Northern Miner Staff
TSX SHORT POSITIONS (April 21, 2008)
Short positions outstanding at Apr. 1 /08 (with changes from Mar. 15/08).
CNQ TRADING — April 8-14, 2008
(100s) WEEK 12-MONTH
Labrador Inuit bar uranium development
In a narrow 8-7 vote, the Labrador Inuit government has passed a three-year moratorium on uranium mining — spelling out continued uncertainty for the area’s juniors.
EXCHANGE RATES (April 21, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date April 17 April 11 April 10 April 9 April 8 US$ in C$ 1.0208 1.0215 1.0179 1.0194 1.0150 C$ in US$ 0.9796 0.9790 0.9824 0.9810 …
Troy jumps on golden hole Down Under (April 21, 2008)
VANCOUVER–On the heels ofatemporary mill shutdown in Brazil that dragged its share price down, Troy Resources (TRY-T) rebounded with drill results out of Australia that prompted a 16% share gain.
Linatex acquires Durex Products
Linatex and Durex Products, both geared towards production of rubber parts and other products for material processing, have made a deal to merge.
Dover Corp. subsidiary acquires Brady’s Mining and Construction
Diamond cutter supply company US Synthetic has acquired Brady’s Mining and Construction Supply.
CGA Mining hires Leighton for Masbate gold mine
CGA Mining (CGA-T, CGAFF-O) has awarded a mining contract for its Masbate gold project in the Philippines to Australia’s Leighton Contractors.
Aker Kvaerner drops the Kvaerner, picks up Solutions
Development and engineer services provider Aker Kvaerner has changed its name to Aker Solutions.
Rosemont Copper enlists ABB for mill drives
Rosemont Copper, a subsidiary of Augusta Resource (AZC-T, AZC-X), has contracted ABB Switzerland to supply mill drives for the company’s Rosemont copper mine.
Homeland Energy picks mining contractor
South Africa-focused Homeland Energy Group (HEG-T, HMDEF-O) has awarded Moolman Mining a 3-year initial mining contract for its 74%-owned Kendal coal mine.