Volume 97 Number 27 Aug 22 - 28, 2011

Studying a map at Woulfe Mining's Sangdong tungsten-molybdenum project in South Korea, from left: Bill Kable, vice-president technical; Arne Rahnel, manager of projects; and Wang In Jeon, safety manager. Photo by Woulfe Mining

Woulfe advances Sangdong

With tungsten prices on the rise, Vancouver-based Woulfe Mining (WOF-V) is scrambling to restart the past-producing Sangdong tungsten-molybdenum mine in South Korea by late 2012.




What next for Lundin?

Rumours have been circulating for weeks that cash-rich BHP Billiton (BHP-N, BTL-L) might be interested in making a bid for Lundin Mining (LUN-T), but a late-night post on the Telegraph’s website on Aug. 8 added more fuel to the fire.



Xstrata snaps up First Coal

Global coal giant Xstrata (XTA-L) has recently sealed a $147-million cash offer for privately-held First Coal and its northeastern B.C. coking coal assets.


Lower Q2 production at Eastplats’ Crocodile

Eastern Platinum (ELR-T) saw second-quarter production from its main Crocodile River platinum group metals (PGM) mine in South Africa’s Bushveld Complex shrink by one third, due to labour issues that led to a strike at the mine in early…



The overall winning shot of the Urubamba salt mine in Peru. Photo by Joe Brnobic

Photo contest winners announced

The winners of the 7th annual photo competition put on by Australia-headquartered mining consultancy Snowden have been announced.


Soaring Q2 profits for Uranium One

Uranium One’s (UUU-T) second-quarter profits surged 450% to US$29.7 million compared to the year-ago period, as revenue nearly doubled. 


People

American Vanadium – Ron Macdonald appointed a director.



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