INTERNATIONAL QUOTES (November 17, 2008)
Australia (A$) Nov 4 Oct 28 Change Bendigo Mining 0.12 0.11 0.01 Kingsgate Cons. 2.93 2.31 0.62 Lion Selection Ltd 1.10 1.20 -0.10 Newcrest Mining 20.65 17.71 2.94 Re…
News
In pursuit of financing, Adanac retools Ruby Creek
Adanac Molybdenum (AUA-T, AUAYF-o) is looking into a new plan for its Ruby Creek moly project near Atlin, B. C., after figures from an updated feasibility study weren’t as promising as the originals.
It’s a long moly Storie for Columbia Yukon (November 17, 2008)
Vancouver — Stepout drilling at the Storie molybdenum deposit continues to return long mineralized intercepts for Columbia Yukon Explorations (CYU-V, CYUXF-o).
Potash One looks at solution mining in Saskatchewan
Vancouver — On the heels of an oversubscribed $10.4-million financing, Potash One (KCL-T, KCLOF-o) is starting prefeasibility work on the Legacy potash project in Saskatchewan, where it hopes to soon…
China’s GDP growth slows to a simmer
As chief economist for non-Japan Asia at Credit Suisse First Boston in Hong Kong and a former senior regional economist and head of China research at Schroders Securities Asia, Dong Tao is probably on…
Thompson Creek boasts stellar Q3
A sudden drop in molybdenum demand over the last few weeks has prompted Thompson Creek Metals (TCM-T, TC-n) to batten down the hatches.
Nevsun arranges US$89M debt for Bisha (November 17, 2008)
Vancouver — The Industrial Development Corp. of South Africa (IDC) must have liked what it saw at Nevsun Resources’ (NSU-T, NSU-x) Bisha project when it visited the site in Eritrea this August. The I…
Jasper posts more drill results from B. C.
In an interview with The Northern Miner in December 2005, Gordon Dixon, president of Jasper Mining (JSP-V, JAMGF-o), said the company’s McFarlane property, just east of Kootenay Lake in British Columb…
Obituary: Mining machinery entrepreneur Jack Clark dies at 82
John (Jack) Hayes Clark, entrepreneur and mining machinery manufacturer, died peacefully after a lengthy struggle with Parkinson’s disease, at his farm home on Nov. 4, 2008. He was 82.
Berg shaping up for Terrane Metals (November 17, 2008)
Vancouver — Terrane Metals (TRX-V, TRXOF-o) may be primarily focused on developing its mega Mt. Milligan copper project, near Prince George, B. C., but the company is still finding time to drill its …
LME WAREHOUSE LEVELS (November 17, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 11, 2008 (change from Nov. 4 in brackets): Aluminium Alloy 87720 (40) Aluminium 1550025 ( 17500) Copper 2…
SPOT PRICES (November 17, 2008)
Monday, Nov. 10, 2008 Precious Metals Price (US$/oz.) Change Gold $751.75 +17.75 Silver $10.31 +0.36 Platinum $875.00 +51.00 Palladium $228.00 +25.00 Base Metals Price (US$/lb.) Change…