TTM’s Chu molybdenum project looks good
VANCOUVER–To offset skyrocketing equipment costs, TTM Resources (TTQ-V, TTMRF-O) took a good hard look at buying used mining equipment in a prefeasibility study of its Chu molybdenum project in centr…
News
Reserves still on the rise at Pallancata
VANCOUVER–For the second time in five months, International Minerals (IMZ-T, IMZLF-O) and Hochschild Mining (HCHDF-O, HOC-L) have proved up a significant reserve and resource boost at their Pallancat…
Iamgold bids for royalty collector Euro Ressources
In a move to cut cash costs, mid-tier gold producer Iamgold (IMG-T, IAG-N) is making a cash bid for Euro Ressources (EUR-T, EUR-E), a Paris-based company focused on precious metal royalties.
Sulliden drops Shahuindo suit against Century
The last chapter in a bitter, five-year legal battle between Century Mining (CMM-V, CMNZF-O) and Sulliden Exploration (SUE-T, EXSDF-O) over a disputed property in Peru has finally come to an end.
Adanac doles out $26M for new Ruby Creek facilities
Adanac Molybdenum (AUA-T, AUAYF-O) has contracted Edmonton- based Supreme Steel to carry out construction at its Ruby Creek project.
People (September 15, 2008)
Allana Resources — Salisha Hosein appointed manger of investor relations.
Western Areas doubles resource at Spotted Quoll (September 15, 2008)
If Western Areas (WSA-T, WSA-A) had any doubts that its Spotted Quoll nickel project, in Western Australia, has the potential to become a major underground mine, they seem to have been laid to rest wi…
Taca Taca cha-cha: Rio returns option to Lumina (September 15, 2008)
VANCOUVER — After drilling six holes, Rio Tinto (RTP-N, RIO-L) has taken a pass on Taca Taca, giving its option on the Argentinean property back to Lumina Copper (LCC-V, LCPRF-O). And this, as Lumina…
Agnico-Eagle doubles credit lines to US$600M
Shares of Agnico-Eagle Mines (AEM-T, AEM-N) were off $1.35, or 2.43%, to $54.21 apiece recently on news that the company has doubled its credit lines to US$600 million.
Norwegian finance minister blacklists Rio
Vancouver A $400 billion Norwegian government pension fund has dumped all of its $820 million worth of Rio Tinto …
News – 12-SEP-08
St Andrew says no thanks to feasibility study
St Andrew Goldfields’ (SAS-T) goal of re-igniting mining at the former Holt and Holloway mines in northern Ontario …