INTERNATIONAL QUOTES (August 25, 2008)
Australia (A$) Aug 12 Aug 5 Change Bendigo Mining 0.18 0.20 -0.02 Kingsgate Cons. 4.80 5.60 -0.80 Lion Selection Ltd 1.58 1.50 0.08 Newcrest Mining 23.49 26.31 -2.82 …
News
For Uranium One, the Honeymoon’s over (August 25, 2008)
VANCOUVER — Uranium One’s (UUU-T, SXRZF-O) decision to sell some of its earlier-stage uranium properties this spring has hit it with a US$105-million impairment charge in its second quarter for a US$…
Vedanta investing US$8.8B in base metal expansion
Having received the go-ahead from India’s Supreme Court, Vedanta Resources (VED-L), an India-focused resource giant, is proceeding with a bauxite project in Lanjigarh, in the state of Orissa. An alumi…
San Gold on cusp of resource update (August 25, 2008)
VANCOUVER–Exploration drilling in and around San Gold’s (SGR-V, SGRCF-O) operating Rice Lake mine, 230 km northeast of Winnipeg, Man., continues to pay off with high-grade gold. San Gold CEO Dale Gin…
Harmony, Newcrest, team up in PNG at Hidden Valley
Two of the biggest gold miners not listed on the Toronto Stock Exchange are combining forces in Papua New Guinea (PNG) with the hopes of bringing a large-scale gold and silver mine into production by …
Tournigan grows Kuriskova deposit
VANCOUVER — After a modelling error forced Tournigan Energy (TVC-V, TVCFF-O) to reduce the resources at its Kuriskova uranium deposit in eastern Slovakia last year, the newly renamed company has put …
Yankee Hat forms tungsten JV with Japanese group (August 25, 2008)
Restrictions on tungsten exports from China have caused resource-poor Japan to look to the Yukon and Northwest Territories as a new source for the rare metal.
Lydian’s early moves
Lydian International (LYD-T) likes to arrive early.Following its nose for geological potential in transitional …
Goldbrook Ventures looks to China for partnership
China’s insatiable appetite for nickel and the lack of quality nickel sulphide projects and deposits slated for dev…
MagIndustries boosts potash reserve in Republic of Congo
Four months after nailing a 25-year licence to mine potash in the Republic of Congo in Equatorial Africa, MagIndust…
Sterling acquisition to make Minco a major silver producer by 2011
Vancouver – The company advancing the Fuwan silver property in China, Minco Silver (MSV-T), is taking over Sterling…
HudBay closes Balmat zinc mine and concentrator
Vancouver – Less than two years after ramping the Balmat mine back up to full production HudBay Minerals (HBM-T) is…