People (February 21, 2011)
Brigus Gold – Melvyn Williams retired as senior VP and CFO; Dana Hatfield appointed CFO.
Volume 97 Number 1 Feb 21 - 27, 2011
Suppliers News (February 21, 2011)
TMX buys 50% of MinesOnline
Brazil to toughen stance on Chinese acquisitions
Brazil’s recently elected government has signaled that it won’t be business as usual when it comes to mining iron ore in the South American country.
Global crude steel output up 15% in 2010
The following was released by the Brussels-based World Steel Association.
US budget folly
U.S. politics veered into the surreal in mid-February, as U.S. President Barack Obama unveiled a deficit-laden, US$3.73-trillion budget proposal for fiscal 2012 that completely ducks the critical issue of unsustainable spending by the U.S….
Cliffs says Ontario’s electricity prices are too high
Cliffs Natural Resources (CLF-N) is warning that high electricity rates in Ontario are forcing it to widen its search for a location to build a proposed ferrochrome production facility that will use a closed electric arc furnace to treat ore…
Positive economics for Romarco’s Haile
Just three years after acquiring the Haile deposit in South Carolina, Romarco Minerals (R-T) has completed a positive feasibility study that demonstrates the project would have one of the lowest operating costs and highest grades of any…
LSE-TMX: a powerful platform for mining stocks?
As alternative investment platforms continue to take business from traditional stock exchanges, the London Stock Exchange Group (LSE-L) and TMX Group (X-T) are looking to stem the tide by creating their own global trading juggernaut.