Climate Change Issue A Web Of Complexities: OMA
— The following is an edited recap of the Ontario Mining Association’s Climate Change Workshop, a half-day seminar held Jan. 15, 2009, at the OMA’s office in Toronto.
News
Correction (February 02, 2009)
Bard Ventures’ (CBS-V, BVTLF-O) Lone Pine project, 15 km northwest of Houston, B. C., has a measured and indicated resource of 110.3 million tonnes grading 0.083% molybdenum, totalling 201.7 million l…
African Copper Shuts Down Mowana
African Copper (ACU-T, ACU-L) is closing the doors on its Mowana copper mine in Botswana.
People (February 02, 2009)
Andina Minerals — George Bee appointed president and CEO; Carl Hansen has stepped down as president and CEO.
Acadian Subsidiary ScoZinc Gets Creditor Protection
Dramatic cost reduction measures at Acadian Mining’s (ADA-T, ADAIF-O) Scotia mine a few months ago weren’t enough to save it from collapsing zinc and lead prices.
Rusoro Bid: An Offer Gold Reserve Shareholders Can Refuse
Less than 3% of Gold Reserve’s (GRZ-T, GRZ-X) shares have been tendered so far in Rusoro Mining’s (RML-V, RMLFF-O) hostile takeover bid, prompting Rusoro to extend the deadline another month to Feb. 1…
Houston Lake Grows West Cedartree
Houston Lake Mining (HLM-V, HLKMF-O) has taken another step towards realizing its ambition of developing a gold mine near Kenora, in northwestern Ontario.
Centamin Raising $60M For Sukari
VANCOUVER — Centamin Egypt (CEE-T, CEY-L) is raising $60 million for its 9-million-oz. Sukari gold project in Egypt through a bought-deal financing.
Lme Warehouse Levels (February 02, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 27, 2009 (change from Jan. 20 in brackets):
Spot Prices (February 02, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (February 02, 2009)
Antimony: Mid-mkt US$4,350 /t.
Vale Inco Halts Concentrate Shipments From Voisey’s Bay
Vale (RIO-N) subsidiary Vale Inco has stopped shipping concentrate from its gigantic Voisey’s Bay nickel mine as part of an agreement with the province of Newfoundland and Labrador, pending the outcom…