PEOPLE (June 09, 2008)
Aurora Energy Resources– Paul McNeill appointed VP of exploration.
News
Frontier rejects hostile bid by Eldorado
VANCOUVER–The board of Frontier Pacific Mining (FRP-V) is recommending that shareholders reject an unsolicited takeover bid from Eldorado Gold (ELD-T, EGO-A) valued at about $148 million, or $157 mil…
Fertilizer prices lure Great Western Minerals
Hoping to cash in on spiking fertilizer prices, Great Western Minerals Group (GWG-V, GWMGF-O) is evaluating whether to develop phosphate as a byproduct at its Hoidas Lake rare earth elements property …
Diagem thwarted in Brazilian Amazon (June 09, 2008)
Diagem (DGE-V, DGEMF-O) has stopped activities at its Chapadao diamond project in Brazil.
Mining industry tackling skills shortage
The story is the same across the entire mining industry in Canada: a serious labour shortage. While Canada’s mining industry is growing, creating strong demand for workers, at the same time supply is …
Kupol comes online
The week ended May 31, the 22nd trading week of 2008, was highlighted by a feat many said was too difficult to pull off.
Trigon Uranium joins potash pile-in
Surging prices for potash are turning even uranium exploration companies into plays on the coveted commodity. Trigon Uranium (TEL-V, TELWF-O) is just the latest to jump on the potash bandwagon to take…
Aeroquest signs Arctic deal with GX Technology
Aeroquest, a subsidiary of Aeroquest International (AQL-V, AQSFF-O), has signed a deal with GX Technology as part of Aeroquest’s recently adopted petroleum services initiative.
Snowden to reward photo snappers
Australia-based mine consultancy and engineering company Snowden Group is hosting a photo competition to display the diversity of the mining industry.
Rusoro enlists Micon for Choco 10 studies
Venezuela-focused Rusoro Mining( RML-V, RMLFF-O) has contracted Micon International to conduct a scoping study of the company’s Choco 10 gold mine.
LME WAREHOUSE LEVELS (June 09, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 3, 2008 (change from May 27 in brackets):
SPOT PRICES (June 09, 2008)
COURTESY OF SCOTIABANK