Site visit: Sizing up Finland’s Kevitsa
SODANKYLA, FINLAND — It’s a huge, low-grade deposit — but can it be a money-maker? That’s the question facing Scandinavian Minerals (sgl-t) as it works hard to develop its Kevitsa…
News
De Beers takes to African skies
In leaving no stone unturned in the search for its next diamond mine, De Beers is using a Zeppelin airship to fly a combination of gravity and magnetic geophysical surveys across the Kalahari sands of…
Jaguar Mining grows with Brazil
SITE VISIT Belo Horozonte, Brazil — It’s a grey day in Minas Gerais — Brazil’s famed mining state — and the row of flags flying over the heads of Jaguar…
Barrick zeros in on Nevada
Despite the amount of capital that has been pouring into the mining sector since around 2002 there have been very few major discoveries. There has been plenty of hype and tire kicking, but many of the…
Columbia Metals expects Lluvia production this year
The 1990s weren’t kind to some low-grade gold projects, and one of those was the Lluvia de Oro mine in northwestern Sonora state, Mexico. It operated for less than three years under two owners, and se…
LME Warehouse Levels (March 05, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 26, 2006 (change from Feb. 19 in brackets):
People (March 05, 2007)
Quinsam Capital — Kilian Carrarini appointed director.
Editor’s Picks: the Week’s Top Mining Stories
Even as new record, nominal highs for uranium and nickel prices were being set in the week ended Feb. 24, it was organized labour action in Canada’s railyards that grabbed the most focused attention o…
Back to Lynn Lake
It’s been a tough sell to institutional investors, but Independent Nickel (INI-V, INIFF-O) of Sudbury, Ont., has raised the money needed to proceed with an ambitious drill program at the Lynn Lake nic…
Marathon PGM cuts high-grade
The two highest concentrations of precious metals drilled to date in the Coldwell intrusive complex in north-central Ontario have been intersected in recent drilling by Marathon PGM (MAR-T, MRPGF-O).
Record earnings for Newmont in 2006 (March 05, 2007)
Vancouver — The world’s number two gold producer, Newmont Mining (NMC-T, NEM-N), posted record net income of US$791 million (US$1.76 per share) in 2006, topping its previous year’s performance of US$…
Daily Metal Prices (March 05, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)