Long Canyon drilling delivers for Fronteer and AuEx
Vancouver — Joint-venture partners Fronteer Development Group (FRG-T, FRG-x) and AuEx Ventures (XAU-T, AUXVF-o) are hitting long gold intercepts at the Long Canyon project in Elko Cty., Nev.
United States
Editorial: Vale goes easy on Canadian mines
The week ended Nov. 1, the 44th trading week of 2008, was characterized by some relative calm in the global financial markets after seven weeks of incredible turmoil.
Thompson Creek cuts ’09 spending
A sudden drop in molybdenum demand over the last few weeks has prompted Thompson Creek Metals (TCM-T, TC-N, A6R-F) …
Pure Nickel makes deal with Japanese group
A major Japanese conglomerate has agreed to invest up to $40 million in Pure Nickel’s (NIC-T, PNCKF-O) MAN project …
New approach bolsters Western Goldfields
Western Goldfields (WGI-T, WGW-N) reported its best quarter ever with record sales, lower costs and solid cash flow…
Commentary: Ohio Coal Association: Obama is ‘extraordinarily misguided’
The following is a statement by Mike Carey, president of the Ohio Coal Association, in response to just-released re…
Severstal and Chalco cutting output (November 03, 2008)
Severstal, Russia’s largest steel maker, is slashing output in Russia, the U. S. and Europe by 25-30% amidst slowing demand, according to a report by Bloomberg news.
Augusta advances Rosemont copper project (November 03, 2008)
Augusta Resource (AZC-T, AZC-x) has improved metallurgy and discovered a new mixed oxide-sulphide zone at its Rosemont open-pit copper-molybdenum-silver project in southern Arizona.
Uranium price will rebound: analysts (Part 2)
Nick Carter, vice-president at Roswell, Ga.-based uranium consultancy Ux Consulting says that the recent steep drop…
Uranium price will rebound: analysts (Part 1)
“A roller coaster ride” would be one way to describe the uranium spot price in recent years, rising to US$136 per l…
Early winter hits Teck’s Red Dog (October 30, 2008)
Teck (TCK.B-T, TCK-N) says that “adverse weather conditions” have forced it to send off its final container ship ea…
International Tower Hill doubles Livengood resource (October 29, 2008)
Vancouver – The Money Knob deposit is starting to live up to its name for International Tower Hill Mines (ITH-V)….