Chinalco Pumps US$19.5B Into Rio Tinto
China’s largest aluminum producer will invest US$19.5 billion in Rio Tinto (RTP-N, RIO-L) through joint ventures and convertible debt in a deal that will help the Anglo-Australian mining giant pay dow…
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Daily Metal Prices (February 23, 2009)
Date Feb. 16 Feb. 13 Feb. 12 Feb. 11 Feb. 10 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1075.50/1111 1100.50/1135 1100.50/1130 1100/1125…
North American Stock Exchange Indices (February 23, 2009)
52-week Date Feb 16 Feb. 13 Feb. 12 Feb. 11 Feb. 10 High Low S&P/TSX-Ven Comp 925.64 925.64 915.87 911.26 902.09 2814.88 678.62 TSX Composite 8678.10 8678.10 8778.78 8737.89 …
Claude Finds More High-Grade At Seabee Deeps
VANCOUVER — Claude Resources (CRJ-T, CGR-X) is being rewarded for its effort to find new mineralization to feed its Seabee mine in central Saskatchewan.
Queenston raises $18M for gold exploration
Queenston Mining (QMI-T) has big spending plans for the Kirkland Lake gold camp in Northwestern Ontario, where it’s…
Wealth of potential sees Canadian miners through Eritrean turbulence
Eritrea usually finds itself in the western media’s headlines for its dispute with neighbouring Ethiopia over the…
Kootenay steps out at Promontorio
Vancouver – Over the past two years Kootenay Gold (KTN-V) has had a tightly focused drill program at the Pit zone o…
Barrick buys out Teck at Hemlo
In yet another asset sale to deal with its short-term debt crisis, Teck (YCK.B-T, TCK-N) is unloading its half stak…
Yamana Gold makes headway in Mexico, Brazil
It was just four months ago that Yamana Gold (YRI-T, AUY-n, YAU-l) was trading in Toronto at the very bottom of its…
Uh-oh: Silver solder in drill bits can contaminate core — Silver Spruce and ODM solve a ‘silver bonanza’ puzzle
Silver Spruce Resources (SSE-V, SSEBF-O) has learned through experience in Mexico that silver solder is routinely…
Premier breathes new life into Geraldton
The bright, cold winter light of a January morning heightens the sparseness of the snow-swept streets of Geraldton,…
Peregrine Diamonds buys land surrounding Chidliak
Peregrine Diamonds (PGD-T) is more than doubling its prospecting rights on Baffin Island, Canada’s newest diamond d…