A thumbs-up for Magellan’s Coringa
A preliminary economic assessment (PEA) of Magellan Minerals’ (MNM-V) Coringa gold project in Brazil’s Amazon basin, 1,200 km northwest of Brasilia and 995 km southwest of the Atlantic port city Belem…
News
High-grade uranium for Denison at Athabasca
VANCOUVER — Denison Mines (DML-T, DNN-X) has 20,000 metres of drilling planned for the summer at its 60%-owned Wheeler River project following more high-grade uranium hits this past winter.
Keegan has plans for Ghanaian gold project
VANCOUVER — A preliminary economic assessment for Keegan Resources’ (KGN-T, KGN-X) gold project in southwest Ghana found an open-pit mine at Esaase could produce some 200,000 oz. gold annually for a …
Goodbye ‘Inco’
The end of the Inco era became official in the last week of May, as Vale announced it is killing the name “Vale Inco” for its nickel business. It will now simply be called “Vale.”
Killing the golden goose
Chief executives in the mining industry told PricewaterhouseCoopers (PwC) in a recent survey that they feared cash-strapped governments would increasingly look to mining companies as a source of addit…
International Tower Hill to spin off assets
A proposed spin-off transaction that will separate International Tower Hill Mines’ (ITH-T, THM-X) advanced-stage Livengood gold project in Alaska from the company’s earlier stage properties will maxim…
Khan’s troubles in Mongolia (June 07, 2010)
VANCOUVER — The past few months have been a bit of a rollercoaster for Khan Resources (KRI-T) as it tries to reopen the historic Dornod uranium mine in northeastern Mongolia.
PEOPLE (June 07, 2010)
Amanta Resources — Thanawut Sirinawin appointed a director.
TORONTO STOCK EXCHANGE MAY 25-31
Although Europe is not out of the woods yet, the economic environment is looking rosier on the western side of the Atlantic. The TSX composite index closed 2% higher over the May 25-31 trading period,…
TSX VENTURE EXCHANGE MAY 25-31
For the first time in months the S&P/TSX Venture composite index managed a significant weekly gain, climbing 60.68 points to close at 1,514.07. In spite of the gain, daily trading volumes were dow…
U.S. MARKETS MAY 25-28
U.S. financial markets were closed on May 31 for the Memorial Day holiday but opened slightly higher on June 1 despite more negative news out of Europe. A report published on May 31 from the European …
SPOT PRICES (June 07, 2010)
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