Last March, Kinbauri Gold (KNB-V, KINBF-o) acquired gold assets in northwestern Spain from Rio Narcea Gold Mines for US$5 million. The goods included two exploration properties and fixed assets at the…
Pala Investments Holding, a mining- focused Swiss investment company, has acquired Canadian mine engineering firm Dumas Contracting.
Minefinders’ (MFL-T, MFN-x) Dolores open-pit mine in Chihuahua, Mexico, is expected to produce more than 1.7 million oz. gold and 64 million oz. silver over an estimated 15-year life.
Adriana Resources — Guilherme Moretzsohn de Andrade appointed director of port development for Brazil operations.
Vancouver — The first underground drilling program at Committee Bay Resources’ (CBR-V, CBYRF-o)Niblack project, on Prince of Wales Island in Alaska, returned strong intercepts that are sure to expand…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 25, 2008 (change from Nov. 18 in brackets):
Orezone Resources (OZN-T, OZN-x) has nearly tripled gold resources at the Bombor project in Burkina Faso to nearly 926,000 indicated oz. and 1.78 million inferred oz.
Third-quarter net earnings for the world’s largest uranium producer and one of two Candu fuel manufacturers in Canada fell nearly 50% year-on-year due to lower prices and higher costs.
COURTESY OF SCOTIABANK
While metal prices seem to have bottomed out in November, the week ended Nov. 22, the 47th trading week of 2008, saw several miners’ share prices get their feet knocked out from under them.
Vancouver — As Rolling Rock Resources( RLL-V, RLLGF-o) reworks data for a pending scoping study of its Monument Bay project, 350 km southeast of Thompson, Man., it has topped a million inferred ounce…
Antimony: Mid-mkt US$5,700 /t.
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