Boardroom battle brewing at U308 Corp
Aberdeen International (AAB-T, AABVF-O) wants to replace board members of U308 Corp. (UWE-V, UTREF-O) with its own slate of directors because it is “disappointed” with the company’s management and bel…
News
HudBay diversifies into nickel with Skye merger
HudBayMinerals (HBM-T, HBMFF-O) and aspiring nickel producer Skye Resources (SKR-T, SKRZF-O) are combining forces, expanding Hud- Bay’s zinc and copper portfolio into nickel. Skye’s flagship asset is …
Playing in the right sandbox
SITE VISIT ELKO, NEV. — It was a dark day for Fronteer Development Group (FRG-T, FRG-X) on April 9, when the Nunatsiavut government of Labrador voted 8-7 in favour of…
U. S. MARKETS JUNE 17-23
U. S. markets were weighed down by the high oil price during the June 17-23 trading session. The Dow Jones industrial Average fell 427 points, or 3.5%, to 11,842; the S&P 500 Index lost 42 points,…
TORONTO STOCK EXCHANGE JUNE 17-23
The TSX Composite Index fell 1.6% over the June 17-23 trading period, down 252.46 points to 14,691.82.
Rusoro: Venezuela’s odd man in
VANCOUVER — Rusoro Mining (RML-V, RMLFF-O) is the exception that proves the rule: While most mineral exploration in Venezuela has ground to a halt, Rusoro just arranged a US$80-million exchangeable l…
Latin American Minerals drives into Argentina, Paraguay (June 30, 2008)
SITE VISIT VINCHINA, LA RIOJA, ARGENTINA — As our convoy speeds towards a distant mountain range, kicking up clouds of dust along the unpaved road on the way to Latin…
Formation Capital closes in on Idaho Cobalt
VANCOUVER — After eight years of red tape and US$14 million spent on permitting, Formation Capital (FCO-T, FCACF-O) is finally getting a green light for a high-purity cobalt mine 42 km west of Salmon…
Cameco enters uranium enrichment business in US
The world’s leading uranium miner, Cameco (CCO-T, CCJ-N) of Saskatoon, Sask., is joining a uranium enrichment business venture in the United States.
Boom, Bust & Echo author calls for creative hiring spree
The mining industry has a five-year window to do some “creative” hiring in order to ensure a strong workforce for the future, according to renowned demographer and University of Toronto economics prof…
PEOPLE (June 30, 2008)
Agnico-Eagle Mines — Clifford Davis, J. Merfyn Roberts and David Garofalo appointed directors; Daniel Racine appointed senior VP of operations; Jean Robitaille appointed senior VP of Technical Servic…
PRODUCER AND DEALER PRICES (June 30, 2008)
Antimony: Mid-mkt US$6,400.00/t.