Update: Atna primed to pour gold again at Briggs
[adds updated reserve and production numbers]
News
Study gives Creston Moly project NPV of US$502.9 million
A new prefeasibility study for Creston Moly’s (CMS-V) project of the same name in Sonora, Mexico, says a 40,000-ton…
Orezone shareholders give Iamgold the nod
The union of Iamgold (IMG-T, IAG-N) and Orezone Resources (OZN-T, OZN-X) will go ahead.
Teck posts $607M net-loss in Q4
Vancouver – Don Lindsay, the president and CEO of Teck (TCK.B-T, TCK-N), addressed the company’s heavy debt-load …
Polar Star to choose board of directors in April
Polar Star Mining (PSR-V) will hold a shareholders meeting on Apr. 17 that will decide the fate of its current boar…
Geologix’s loss is Silver Standard’s gain
Unable to get its hands on the money it needed, Geologix Explorations (GIX-T, GXEFX-O) must walk away from a projec…
China Inc. steps up foreign acquisitions; bids for Oz Minerals
China’s state-owned companies are ratcheting up their acquisitions of struggling mining companies that have been hi…
Commentary: Looking at maintenance as an investment
Mining is a tough business and in order to stay competitive, every available advantage must be considered and where…
LME Warehouse Levels (February 16, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 10, 2009 (change from Feb. 3 in brackets):
Spot Prices (February 16, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (February 16, 2009)
Antimony: Mid-mkt US$4,350 /t.
Exchange Rates (February 16, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Feb. 9 Feb. 6 Feb. 5 Feb. 4 Feb. 3 US$ in C$ 1.2192 1.2389 1.2303 1.2266 1.2337 C$ in US$ 0.8202 0.8072 0.8128 0.8153 0.8106…