Khan Wades Through Mongolia’s Murky Waters
After the market punished Khan Resources (KRI-T, KHRIF) and Western Prospector Group (WNP-V) shares last month on news that some exploration licences for uranium projects in Mongolia were being revoke…
News
Letter to the Editor: When it comes to Bre-X, it’s ‘No excuse, sir’
James Whyte’s commentary on the Felderhof case (T.N.M. Aug. 13-19/07) is one of the most interesting, thought-provoking pieces on the mining industry I have read. Indeed, I have read it several times.
Consolidated Thompson Left in the Cold on Lost Wabush Deal
Dofasco, a subsidiary of steelmaker Arcelor Mittal, has exercised its option to buy the majority interest in the Wabush Mines iron ore joint venture in Quebec and Labrador, ending an attempt by Consol…
BID-ASK — August 28-31, 2007
STOCK EXC BID ASK LAST HIGH LO Agau Res V 0.31 0.37 0.31 0.65 0.215 Allyn Res V 0.05 0.065 0.065 0.14 0.06 Andean Am Mng V 0.67 0.71 0.71…
Jinshan Gold hits major milestones in China (September 10, 2007)
When Jinshan Gold (JIN-T, JINFF-O) first entered the China market five years ago, its strategy was to build a resource-based company and it snapped up a diverse portfolio of properties in native porph…
Fast Times in China for Majestic Gold
As Majestic Gold (MJS-V, MJGCF-O) waits for a revised resource estimate on its Song Jiaguo gold property in eastern China, the company is working on an agreement with a local mill operator so it can s…
Bulging Middle
Special to the Northern Miner
Gold World Resources Digs Its Heels Into China
Much has been written about the problems foreign companies face when they invest in China through joint ventures with state-owned enterprises.
CIC Energy Lands Sumitomo as Mmamabula Partner
Vancouver — CIC Energy (ELC-T, CIEGF-O) and International Power (IPRPY-O, IPR-L) have inked a deal to bring Japanese multinational Sumitomo (ssumy-o) on as a third partner at its Mmamabula energy pro…
Mundoro Learns the True Meaning of Chinese Take-Away
Mundoro Mining (MUN-T, MMNGF-O) is sitting on what it claims to be China’s largest undeveloped gold deposit. But a mountain of red tape is snarling the Canadian company’s efforts to explore it.
U.S. Markets August 28-31
The U.S. markets were finally given some good news last week following the worst global credit and liquidity squeeze in a decade. Wall Street stocks surged on Friday, Aug. 31, after President George W…
LME Warehouse Levels (September 10, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sep. 3, 2007 (change from Aug. 27 in brackets):