China’s CNNC eyes Canadian uranium projects
China is becoming more active on the uranium front, with a state-owned nuclear giant eyeing international uranium projects after acquiring a share in French nuclear firm Areva.
Asia
Eldorado improves economics at Certejin Romania
Eldorado Gold (TSX: ELD; NYSE: EGO) has released a feasibility study on its 80.5%-held Certej project in central Romania, showing modest returns that are in-line with analyst expectations.
EduMine’s Simon Houlding wins Vale medal
Growing up in Zimbabwe after World War II, completing an engineering degree at the University of Witswatersrand in Johannesburg, and working at Jones & Wagener, a specialist firm of consulting engineers and scientists based in South Africa,…
Suppliers news: Amec Foster Wheeler gets more work at Copler in Turkey
Amec Foster Wheeler has been awarded the initial phase of an engineering, procurement and construction contract for the sulphide expansion project at Alacer Gold’s (TSX: ASR) 80%-owned Copler gold mine in eastern Turkey.
China’s Zijin Mining buys into Barrick, Ivanhoe assets
Just a week after Vale (NYSE: VALE) unveiled a memorandum of understanding with one of China’s largest commercial banks for financing arrangements worth up to US$4 billion, Zijin Mining Group of southern Fujian province has agreed to…
Diamond stocks stronger than ever: analyst Des Kilalea
Fresh off RBC Capital Markets’ 8th annual diamond conference, held in March in Toronto, Diamonds in Canada interviewed RBC mining analyst Des Kilalea in late March. Kilalea discussed the state…
Wall Street gains, April 20-24
U.S. equities swung back into the positive territory. The Dow Jones Industrial Average increased 1.4% to 18,080.14 points and the S&P 500 Index added 1.8% to 2,117.69. The Nasdaq rose 3.2% to 5,092.08. The gold price, however, fell US$15.30…
Wall Street marches higher, April 6-10
U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to…
Suppliers news: SGS lab in Turkey gets accredited
Inspection, verification, testing and certification services firm SGS has announced that its laboratory in Ankara, Turkey has been recognized by the International Accreditation Service for meeting the requirements for specific registered tests…
Editorial: Canada, India reunite over uranium
How long do you hold a grudge before letting bygones be bygones? For the Canadian government, it’s about 40 years when it comes to the Indian government’s betrayal over its use of peaceful Canadian nuclear technology to build a…
Wall Street edges up, March 30-April 2
U.S. equities gained momentum on positive jobless data. The Dow Jones Industrial Average climbed 50.64 points to 17,763.24, and the S&P 500 Index added 5.94 points to finish at 2,066.96. Spot gold edged up US$3.60 per oz. to end at US$1,202…
Tata Steel buys LIM’s 49% stake in Howse deposit
Tata Steel Minerals Canada (TSMC) acquired a 51% stake in Labrador Iron Mines’ (TSX: LIM) Howse iron ore deposit in Labrador for $30-million cash in 2013.