Correction (June 22, 2009)
In our article on uranium in Niger ( T. N. M. , June 15-21/09), the reserve numbers for the Arlit, Akouta and Imouraren mines, and the projected annual production for Imouraren should be in tonnes of …
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LME Warehouse Levels (June 22, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 16, 2009 (change from June 9 in brackets):
Spot Prices (June 22, 2009)
COURTESY OF SCOTIABANK
Groups Scrap Over Sunshine Assets In Idaho
The owner of the Sunshine mine, Robert Mori, says he will give the mine’s surface rights to Greenpeace if a bankruptcy court in Idaho doesn’t rule in his favour.
Uranium One Allies With Russians In Kazakhstan
With the spectre of rising Russian influence in the democratically challenged former Soviet republic of Kazakhstan, Uranium One (UUU-T, SXRZF-O) has formed a strategic alliance with a Russian state-ow…
Yamana Sells Off Mines To Aura
Latin America-focused Yamana Gold (YRI-T, AUY-N) is selling its three most costly gold mines to Aura Minerals (ORA-T, ORAUF-O) for US$200 million, putting some analysts on the lookout for a Yamana sho…
Medoro To Buy Colombia Goldfields
Medoro Resources (MRS-V) has exploration properties in Mali and Venezuela but wants to diversify its assets and reduce political risk. Colombia Goldfields (GOL-T, CGDF-O) is exploring the historic Mar…
Western Potash On The Upswing
Analysts at Wellington West Capital Markets believe investors in junior explorer Western Potash Corp. (WPX-V) will do well over the next 12 months.
Producer And Dealer Prices (June 22, 2009)
Antimony: Mid-mkt US$4,350/t.
Harry Winston Reports Q1 Loss Of US$45M
Harry Winston Diamond (HW-T, HWD-N) CEO Bob Gannicott had the synonyms for “bad” out in full force at the company’s annual general meeting in Toronto on June 4.
Daily Metal Prices (June 22, 2009)
Date June 15 June 12 June 11 June 10 June 9 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1320/1345 1375/1400 1380/1410 1335/1365 1340/13…
Glen Eagle To Sue Kinbauri Over Failed Financing
VANCOUVER — Glen Eagle Resources (GER-V, GERFF-O) says it intends to sue Kinbauri Gold (KNB-V, KINBF-O) for damages over what it calls a breach of the two juniors’ April agreement that would have see…