Liberty starts ramp-up at McWatters
After having a challenging time with ramp development, Liberty Mines (LBE-T) has reached the preproduction stage at…
2008
Jinshan names chairman of China National Gold as new CEO
Four months after China’s largest state-owned gold producer, China National Gold, acquired a 42% stake in Jinshan G…
Osisko Mining benefits from the Quebec advantage
Sean Roosen, president and chief executive of Osisko Mining (OSK-T), wasn’t the only executive at the recent Denver…
Schaft Creek twice the price for Copper Fox (September 15, 2008)
Vancouver – Copper Fox Metals (CUU-V) has both upped the size and doubled the capital cost of its Schaft Creek, cop…
Quebec is a “cornerstone,” says Agnico-Eagle’s chief executive
If it isn’t broken–don’t fix it. That seemed to be the sub-text of a corporate presentation by gold producer Agnic…
Iamgold bids for royalty collector Euro Ressources
In a move to cut cash costs, mid-tier gold producer Iamgold (IMG-T, IAG-N) is making a cash bid for Euro Ressources (EUR-T, EUR-E), a Paris-based company focused on precious metal royalties.
Sulliden drops Shahuindo suit against Century
The last chapter in a bitter, five-year legal battle between Century Mining (CMM-V, CMNZF-O) and Sulliden Exploration (SUE-T, EXSDF-O) over a disputed property in Peru has finally come to an end.
Adanac doles out $26M for new Ruby Creek facilities
Adanac Molybdenum (AUA-T, AUAYF-O) has contracted Edmonton- based Supreme Steel to carry out construction at its Ruby Creek project.
People (September 15, 2008)
Allana Resources — Salisha Hosein appointed manger of investor relations.
U. S. Markets September 2-8
U. S. stock indices were down during the Sept. 2-8 trading session on indications of a slowdown in the nation. The Dow Jones Industrial Average lost 33 points, or 0.2%, to 11,511; the S&P 500 Inde…
Western Areas doubles resource at Spotted Quoll (September 15, 2008)
If Western Areas (WSA-T, WSA-A) had any doubts that its Spotted Quoll nickel project, in Western Australia, has the potential to become a major underground mine, they seem to have been laid to rest wi…
TTM’s Chu molybdenum project looks good
VANCOUVER–To offset skyrocketing equipment costs, TTM Resources (TTQ-V, TTMRF-O) took a good hard look at buying used mining equipment in a prefeasibility study of its Chu molybdenum project in centr…