Wenco International Mining Systems, a supplier of computer-based fleet management systems, has been commissioned by state-run diamond miner Alrosa to supply technology for the company’s Nurba mine in …
VANCOUVER — After drilling more than 2,000 holes into its Koba project in Guinea, Navasota Resources (NAV-V, NAORF-O) has a bauxite resource in hand that has already surpassed 400 million tonnes and …
American Bonanza Gold — Joe Chan appointed CFO.
U. S. President Barack Obama’s US$825-billion stimulus bill may have passed the House of Representatives — its first legislative hurdle — but the news failed to lift the prevailing gloom in the mark…
Canadian equity indices were down during the Jan. 27-Feb. 2 trading period. The S&P/ TSX composite index dropped 32 points, or 0.4%, to 8,625; the Capped Metals and Mining index was 27 points, or …
The S&P-TSX Venture composite index managed four days of small gains before capping the Jan. 27-Feb. 2 trading period off with a loss. The board closed the week up just 5.66 points at 872.82. Dail…
Coking coal and iron ore heavyweight Cliffs Natural Resources (CLF-N) is investing US$3.5 million in a private placement for a 19.9% stake in KWG Resources (KWG-V, KWGBF-O) to gain a foothold in what …
First Uranium (FIU-T, FUM-J) is close to completing two financing deals that together will allow the company to fund capital expenditures at its two uranium-gold projects in South Africa and bring the…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 3, 2009 (change from Jan. 27 in brackets):
COURTESY OF SCOTIABANK
Antimony: Mid-mkt US$4,350 /t.
Canadian uranium explorer U3O8 Corp. (UWE-V, UTREF-O) believes Guyana’s Roraima basin may one day play a significant role in feeding the world’s growing appetite for clean nuclear power.
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