Taseko spends $100M on Gibraltar mine equipment
Vancouver-based Taseko Mines (TKO-T, TGB-X) has purchased $100 million worth of mining and milling equipment from Bucyrus International (BUCY-N).
2008
U. S. MARKETS JULY 8-14
It was another chilling week for the U. S. markets as Treasury Secretary Henry Paulson and his team scrambled to come up with a rescue plan for troubled housing giants Fannie Mae and Freddie Mac. Fann…
TSX VENTURE EXCHANGE JULY 8-14
The July 8-14 trading session was not particularly kind to the S&P-TSX Venture Composite Index — the board lost 100.03 points over the week to close at 2,378.34. The summer trading doldrums were …
TORONTO STOCK EXCHANGE JULY 8-14
The July 8-14 trading period saw the TSX Composite Index inch higher after last period’s tough losses. The index finished at 13,741.29, up 28.49 points.
Nevada Geothermal Power borrowing US$145M for generating plant
Nevada Geothermal Power (NGP-V, NGLPF-O) is planning to borrow US$145 million from a banking syndicate led by Morgan Stanley (MS-N) and Glitnir Capital to build a geothermal power plant at Blue Mounta…
LME WAREHOUSE LEVELS (July 21, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 15, 2008 (change from July 8 in brackets):
PEOPLE (July 21, 2008)
Abacus Mining & Exploration– Victor Lazarovici appointed a director.
SPOT PRICES (July 21, 2008)
COURTESY OF SCOTIABANK
Timmins Gold gets San Francisco production-ready (July 18, 2008)
A new crusher is on the way to Timmins Gold’s (TMM-V) San Francisco heap leach open pit operation in Sonora state…
Young-Davidson returns long, strong intercepts for Northgate
Vancouver – After a preliminary economic assessment found its Young-Davidson gold project in Ontario just economic,…
Golden Predator and Midway to merge
Vancouver – Golden Predator Mines (GP-T) is determined to grow. Only a few months after manoeuvring a takeover of F…
Construction of Infinito Gold’s Crucitas project expected in 18 months
Costa Rica lifted its 2002 moratorium on open-pit gold mining in March and foreign miners in the country are heavin…