International Quotes (January 05, 2009)
Australia (A$) Dec 23 Dec 19 Change Bendigo Mining 0.15 0.16 -0.01 Kingsgate Cons. 3.09 2.80 0.29 Lion Selection Ltd 0.73 0.73 0.00 Newcrest Mining 32.40 33.50 -1.10 …
News
Distressed Katanga To Boost Authorized Shares To 5B
All the speculation over the state of Katanga Mining’s (KAT-T, KATFF-O) finances is at an end, with a stark announcement from the company that it needs more funding on an “urgent basis” to sustain its…
SouthGobi sells metal properties to Ivanhoe
Vancouver – For $3 million Ivanhoe Mines (IVN-T, IVN-N) is buying all the metal assets of its 79% owned spin-off So…
Gold Reserve’s board rejects Rusoro’s takeover bid
Calling Rusoro Mining’s (RML-V, RMLFF-O) unsolicited bid “opportunistic” and “financially i…
Strathmore and Yellowcake terminate Juniper Ridge agreement
Strathmore Minerals (STM-V) has terminated its joint venture agreement for the Juniper Ridge uranium property in Wy…
Chilean government bolsters smaller copper producers with price protection
Vancouver – Measures the Chilean government is taking to support small and medium-sized copper producers will trans…
Delta Uranium options property in Nfld.
Delta Uranium (DUR-T) has picked up a geologically diverse uranium project in Western Newfoundland that will see th…
Hawthorne Gold picks up remainder of Taurus Gold deposit
Hawthorne Gold (HGC-V, HWTHF-o) is boosting its gold resources by taking full ownership of American Bonanza Gold&rs…
Monument loses $10M credit facility, amending Selinsing production plan
Vancouver – Two lenders have backed out of $10 million credit facility earlier promised to Monument Mining (M…
Mining stops, then starts in Guinea
The coup in Guinea has had an impact on miners in the country – if not for very long.
Demand for thermal coal to slide in 2009
The New Year will bring the lowest growth in demand for thermal coal imports (0.5%) on the international market in …
Fronteer expects Long Canyon resource in Q1 ’09
Fronteer Development Group (FRG-T) has released some strong gold grades from recent drilling on its 51%-owned Long …