Belo Sun adds lustre to Volta Grande (May 09, 2011)
Belo Sun (BSX-V) is beefing up resources at its Volta Grande gold project in Brazil’s Para state, with plans of completing a feasibility study by year-end.
Volume 97 Number 12 May 9 - 15, 2011
Colossus’ best-ever intercept
Colossus Minerals (CSI-T) has cut a monster intercept from its 75%-owned Serra Pelada polymetallic project in Brazil’s Para state.
Newmont donates US$250,000 to University of Nevada
Newmont Mining (NEM-N) is supporting the Mackay School of Earth Sciences and Engineering at the University of Nevada, Reno, with a gift of US$250,000 to support students, faculty, research and educational outreach.
Back off Berukoff
As a former Western Editor of your newspaper, I was disappointed to read the Lion One Metals story (T.N.M., May 2-8, 2011).
Market news (May 09, 2011)
Toronto Stock Exchange
Spot prices (May 09, 2011)
Tuesday, May 3, 2011
LME warehouse levels (May 09, 2011)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Apr. 28, 2011 (change from Apr. 21 in brackets):
Creso eyes $43M JV with Hunter Dickinson
After completing more than 10,300 metres of drilling in the past year at its Shining Tree gold project in northeastern Ontario, Montreal-based Creso Exploration (CXT-V) has signed a preliminary joint venture (JV) agreement with the well-known…
People (May 09, 2011)
Augustine Ventures – John Tokarsky resigned as a director; George Michael Newman and Rick Bonner appointed directors.
Friendly Manitoba remains HudBay’s happy home (May 09, 2011)
With three operating underground mines, another under construction and more than 4,000 sq. km of prospective land to explore all in northern Manitoba, HudBay Minerals (HBM-T, HBM-N) has no plans to leave the province anytime soon, even with two…
Banro, China Gold to team up in the DRC
Just days after saying that a document regarding a possible takeover was a fake, Banro (BAA-T, BAA-X) has announced that it will team up with a Chinese major.
Producer and dealer prices (May 09, 2011)
Antimony: Mid-mkt US$16,700/t