MagIndustries eyes Congo potash mine
VANCOUVER — MagIndustries (MAA-V, MAAFF-O) has lined up a $100-million brokered offering for subsidiary MagMinerals that is earmarked for planned development of its Kouilou potash project, in the Rep…
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Committee Bay to sell Aussie holdings
VANCOUVER — Committee Bay Resources (CBR-V, CBYRF-O) has inked a deal to sell its 50% interest in the Redemption joint venture to Australian-listed partner Focus Minerals (FML-A).
Meet the Miners day at Queen Park
On Wednesday, March 19, mining industry associates will take to Queen’s Park to promote mining and the benefits it provides to society and the economy.
Caterpillar, Claycrete pave partnership
Mining equipment manufacturer Caterpillar (CAT-N) has partnered with road construction company Claycrete to market Claycrete products worldwide.
Snowfield tumbles on Ticho diamond results
VANCOUVER–Four tiny diamonds failed to impress Snowfield Development (SNO-V, SWFCF-O) investors, sending the company’s share price down 59% in recent trading.
Chinese group to buy slice of N. A. Tungsten
VANCOUVER — A major mining company from the Far East is taking a bite of the Western World’s largest tungsten producer, North American Tungsten (NTC-V, NATUF-O), in a financing and strategic alliance…
Obituary: John Cooke: Mining legend dies at 80
For some, his memory conjures the gentle, honey scent of Chivas Royal brand scotch, to others, the corners of a meticulously tied tie coupled with a well-tailored suit. But whatever the memory, its ro…
U.S. Markets (March 17, 2008)
The U. S. markets plunged lower during the March 4-10 trading period as mounting credit market losses had investors wondering how cool the economy will get.
TORONTO STOCK EXCHANGE (March 17, 2008)
The TSX Composite Index finished the March 4-10 trading period off slightly at 13,005.09 points, with the index’s ties to natural resources the key culprit. Material stocks fell with commodity prices …
TSX VENTURE EXCHANGE (March 17, 2008)
With gold posting a modest retreat from recent record high territory, the S&P-TSX Venture Composite Index dropped 130.44 points to close the March 4-10 trading session at 2,664.13. Trading volumes…
Instability in store for copper market
Despite a declining demand for copper in the developed world, including a 20% drop forecast for the United States this year, it is expected that China alone will more than make up for it, says Andrew …
Orezone defines resources in Burkina Faso
VANCOUVER–With four advanced-stage gold projects on the go in Burkina Faso, news keeps on coming from Orezone Resources (OZN-T, OZN-X), including a recently updated resource estimate for its Bondi pr…