Xstrata gives $150,000 to Northern College
Xstrata Nickel has announced plans to donate $150,000 over three years to trade-focused Northern College, in Ontario.
News
South African power crisis shuts down mines (February 04, 2008)
Vancouver — A nationwide energy crunch in South Africa has hit the country’s powerful mining sector hard, with major gold, platinum and diamond producers suspending operations as a precautionary meas…
Ecuador’s windfall profits tax deepens uncertainty (February 04, 2008)
News in December that Ecuador was following in the footsteps of Mongolia and Thailand with a windfall profits tax on miners has left the industry reeling with uncertainty.
OMA’s virtual mine tour hits classrooms
ODDS ‘N’ SODS
Vale Inco’s North mine snags safety award
NEW HORIZONS
Suppliers News (February 04, 2008)
Finning to Acquire Collicutt Energy
People (February 04, 2008)
Aker Kvaerner ASA– Simen Lieungh appointed president and CEO.
BC exploration breaks record in 2007
Vancouver — Exploration spending in British Columbia hit an alltime high of $416 million in 2007, more than doubling last year’s record-breaking level and showing a 1,300% increase over the $29 milli…
LME WAREHOUSE LEVELS (February 04, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 29, 2008 (change from Jan. 22 in brackets):
SPOT PRICES COURTESY OF SCOTIABANK (February 04, 2008)
Tuesday, January 29, 2008 Precious Metals Price ( US$/ oz.) Change Gold $ 927.50 + 65.50 Silver $ 16.75 + 1.18 Platinum $ 1716.00 + 194.00 Palladium $ 384.00 + 21.00 Base Metals Price …
PRODUCER AND DEALER PRICES (February 04, 2008)
Antimony: Mid-mkt US$5,550/t.
Investors say Tanzania a safe bet on gold
After South Africa and Ghana, Tanzania is Africa’s third-largest gold producer. That’s not a bad ranking for a country about the size of Texas.