Small, rich resource for Avino (August 18, 2008)
VANCOUVER–A solid resource estimate for one vein near the historic Avino mine is bolstering hopes that Avino Silver & Gold Mines (ASM-V, ASGMF-O) will soon be able to restart the mine that Spania…
News
Teal grows resource, grades at Namibian project
Teal Exploration & Mining’s (TL-T, TEL-J) Otjikoto gold project in Namibia is demonstrating higher grades and resources, the company reports.
Hathor continues to hum (August 18, 2008)
Hathor Exploration (HAT-V)wants to attract major interest in its Midwest NorthEast project in the Athabasca basin, and with its latest drill holes it continues to do just that.
COMMENTARY: Modernizing Ontario’s Mining Act
–The following are exerpts from a discussion paper on revisions to the province’s mining legislation, called Modernizing Ontario’s Mining Act, produced by the government of Ontario. The report, publi…
EDITORIAL: Oil, metals and Russia’s triumph
Despite political upheaval in the world, the broad decline in oil and mineral prices picked up steam during the week ended Aug. 9, the 32nd trading week of 2008, much to the detriment of resource comp…
B. C., Yukon helicopter crashes kill five
VANCOUVER–Two mining-related helicopter crashes have killed five people in less than a week in Western Canada.
PEOPLE (August 18, 2008)
African Aura Resources — Ajay Gupta appointed CFO; Maz Mannan has resigned as CFO.
Xstrata captures top prize at mine rescue competition
Xstrata Nickel’s Fraser/Thayer Lindsley mine rescue team may not have superhuman powers but their quick thinking and teamwork helped them snap up the coveted gold helmets at Ontario’s 58th annual mine…
LME WAREHOUSE LEVELS (August 18, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 12, 2008 (change from August 5 in brackets):
SPOT PRICES (August 18, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (August 18, 2008)
Antimony: Mid-mkt US$6,300.00/t.
Miners sidestep Olympic hurdles
Inadequate coal supplies for Chinese power plants means industrial customers are facing power rationing in order to ensure enough electricity for the Olympic Games.