Many achievements to be celebrated in 100 years of Flexco

Flexco (Flexible Steel Lacing Company) is celebrating 100 years of “connecting the world” and kicked-off its Centennial year on March 27, the anniversary of its formation. The US manufacturer of mechanical belt fasteners, belt conveyor components, maintenance tools and engineered transfer systems has grown from a small Chicago workshop to emerge as a world leader in […]

Lundin Mining forges forward with another merger to get into Tenke Fungurume

April has so far been a very acquistive month for Lundin Mining, and we are not even halfway through yet. Its latest big news is a move to get a share in Tenke Fungurume. On April 4 the company announced a definitive support agreement under which it is offering to acquire all of the outstanding common […]

Uranium price volatility reacts to continued price pressure

Toro Energy Managing Director, Greg Hall was quick to comment on today’s spot price for uranium which has jumped by $18 to $113/lb. His comments came while most in London were breakfasting and commentators in North America were sleeping off Easter Monday. He noted “this price is again based on an auction of 100,000 lb […]

Gold boosted Toronto juniors’ capitalization by 86% in 2006

PricewaterhouseCoopers (PwC) reports that junior mining companies on the TSX Venture (TSX-V) Exchange had a tremendous year in 2006. Their total market capitalization rose to $27.6 billion, a dramatic 86% increase from $14.8 billion in 2005. According to the inaugural PwC report on Canada’s junior mining sector review of trends in the TSX-V mining industry, investors showed their confidence […]

Siemens modernizes winder system for coal mine in Slovenia

The Siemens Industrial Solutions and Services (I&S) Group has received an order from Slovenian mining company, Premogovnik Velenje, to modernize the winder system of a coal mine. The scope of supply includes a new winder controller, a converter, control desks and a data recording system. The Siemens equipment is notable for its high level of […]

Developer award for Marathon

Marathon PGM Corp has been presented with the Northwestern Ontario Prospectors Association (NWOPA) Award for Developer of the Year for 2006.
The award was given at the NWOPA annual meeting on April 5, 2007. Phillip Walford, President and CEO, accepted the award on behalf of the company. Also present to accept the award were David Good […]

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