CVRD changes name to Vale
Say goodbye to the abbreviation CVRD. Companhia Vale do Rio Doce, the Brazilian mining giant, has changed its name to Vale (RIO-N).
Canada
More water woes for Cameco (December 10, 2007)
Vancouver — Water problems are again affecting underground operations at a Cameco (CCO-T, CCJ-N) uranium project in northern Saskatchewan’s Athabasca basin.
Big money keeps on rolling in (December 10, 2007)
Vancouver — Despite the recent bearish trend in mining indices, financings continue to abound with exploration companies still attracting plenty of capital.
Quebec exploration on the rise
Facts ‘N’ Figures
Canada aims to set new records
Speaking at the recent China Mining Conference in Beijing, Stephen Lucas, assistant deputy minister of Natural Resources Canada, said the country’s total exploration budget this year could reach an un…
Editorial: Galore Creek blues
The week ended Nov. 30, the 48th week of 2007, saw British Columbia’s mining sector rattled by bombshell news that NovaGold Resources and Teck Cominco are mothballing development of their Galore Creek…
Sanatana jumps on kimberlite results (December 07, 2007)
Vancouver – The first results from Sanatana Diamond’s (STA-V) Dharma kimberlite pipe in the Northwest Territories s…
Midwest to go ahead (December 06, 2007)
The partners in the Midwest uranium joint venture in northern Saskatchewan have taken a formal production decision …
Skygold and Wildrose plan to merge
Vancouver – Joint venture partners no more: Skygold Ventures (SKV-V) and Wildrose Resources (WRS-V) have decided to…
Xstrata boosts Raglan resource (December 05, 2007)
Exploration efforts by Xstrata (XTA-L) at its Raglan nickel mine in northernmost Quebec have paid off with a substa…
Marathon’s resource grows
An updated in-pit resource estimate has boosted Marathon PGM’s (MAR-T,MRPGF-O) total resource at its palladium-gold…
True North writes book on ruby valuation
Vancouver — For True North Gems (TGX-V, TNGMF-O), finding gemstones is the easy part. The real challenge is convincing investors in a hot commodity market that rubies and sapphires are a sound commer…