A.M. Castle & Co. acquires Metals UK Group
Specialty metal and plastic distributor A.M. Castle & Co. (CAS-N) has acquired the outstanding shares of Metals UK Group, which also distributes metals.
2008
SUPPLIERS NEWS (February 18, 2008)
Australia-based mineral analysis company Intellection has merged with Welsh geoscience firm X-Ray Mineral Services (XMS).
Diamond Trading Co. opens distribution channels
Diamond Trading Co. (DTC), the distribution arm of De Beers’ has announced changes to its distribution plan.
Study extends life of Canadian Royalties project
The mine life for Canadian Royalties’ (CZZ-T, CRYAF-O) Nunavik Nickel project could be doubled to 18 years by mining the Mequillon deposit, a preliminary economic assessment says.
OMA to hold seminar on new WSIB rules
The Ontario Mining Association (OMA) is holding a seminar to introduce employees and employers alike to changes in Workplace Safety and Insurance Board (WSIB) policies.
NEW HORIZONS (February 18, 2008)
The U.S. Geological Survey has announced the 2008 recipients of the Mineral Resources External Research Program grant.
Tamerlane soars on Pine Point high-grade
VANCOUVER–Shares of Tamer-lane Ventures (TAM-V, TMLVF-O) posted a 93% gain on strong volume in recent trading, closing up 42 to 87 apiece on a high-grade lead-zinc intercept from its Pine Point pro…
U.S. MARKETS FEB 5-11
The U.S. Congress may have passed President George Bush’s US$168-billion economic rescue package of rebates and tax breaks last week, but the announcement did little to ease fears on Wall Street. The …
LME WAREHOUSE LEVELS (February 18, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb 5, 2008 (change from Jan. 19 in brackets):
Caledonia Mining signs offtake deal with Chinese refiner
Caledonia Mining (CAL-T, CMCL-L) has teamed up with an undisclosed Chinese refiner, signing an offtake agreement for cobalt from its Nama project, in northern Zambia.
TORONTO STOCK EXCHANGE FEB 5-11
The TSX Composite Index managed to bounce back from a mid-week slump that saw it close as low as 12,867.20 to finish the Feb. 5-11 period at 13,258.16. But the index still recorded an overall loss, do…
New Nadina’s RIP kimberlite sparkles
More results from New Nadina Explorations’ (NNA-V, NNADF-O) RIP kimberlite, in the Northwest Territories, is proving that the pipe is anything but dead in terms of diamond potential.