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Daily Mining News
Wednesday, January 07, 2009

Denison to pay down debt with $41M financing, CFO says [1/6/2009]
Vancouver – The executive vice president and chief financial officer James Anderson of intermediate uranium p... [Full Story]

Western Canadian cuts coal production [1/6/2009]
Vancouver - Another miner is cutting back production levels in the face of falling prices, this time a coal produ... [Full Story]

Normabec positive about Pitt gold project [1/6/2009]
Normabec Mining Resources (NMB-V) released some promising drill results from its Pitt gold property 35 km north of ... [Full Story]

Debt troubles start to pile up for miners [1/6/2009]
[Full Story]

Four new inductees to Canadian Mining Hall of Fame [1/6/2009]
Next Thursday the Canadian Mining Hall of Fame (CMHF) will induct four new members at its 21st annual induction din... [Full Story]

Advanced Explorations makes headway in Nunavut [1/6/2009]
Drill results for Advanced Explorations’ (AXI-V) Roche Bay iron ore project in Nunavut confirm a higher grade... [Full Story]

NovaGold raises $60 million in 'gut-wrenching' time [1/5/2009]
A private New York company has agreed to take on a 30% interest in cash-strapped NovaGold Resources (NG-T, NG... [Full Story]

UEX soars as it proves up Hidden Bay [1/5/2009]
UEX Corporation (UEX-T) took part in the TSX Composite Index’s rally on January 5th. [Full Story]

New Gold puts Amapari mine on care and maintenance [1/5/2009]
Six years ago mining tycoon Ian Telfer described the Amapari gold mine in Brazil as “one of the best undevelo... [Full Story]

Update: Chile in for long haul with copper price protection, ENAMI says [1/5/2009]
Vancouver – The Chilean government’s national mining company responsible for assisting small and medium... [Full Story]

Continental Nickel's Tanzanian results [1/5/2009]
Nickel may be trading at just US$5.96 per lb. but that isn’t slowing down Continental Nickel (CNI-V) at its N... [Full Story]

U.S. Department of Energy plans surplus uranium sales [1/5/2009]
The U.S. Department of Energy (DOE) has announced plans to sell its surplus uranium inventory over the next nine ye... [Full Story]