Colossus Minerals Inc. is pleased to announce that it has intersected further high grade gold-platinum-palladium in drilling of the Central Mineralised Zone of the Serra Pelada Project, the Colossus-COOMIGASP joint venture located in Para State, Brazil. For full story, click here
A telephone call from Stillwater Mining Co.’s human resources department will be good news for 246 miners and support staffers who will be hired back to work at the idled East Boulder mine. For full story, cick here
Palladium for March delivery lost $6.05, or 3.1 percent, to $191.65 an ounce. For full story, click here
UC RusAl has nominated former Kremlin administration chief Alexander Voloshin and Russian Technology Corporation chief Sergei Chemezov as independent directors for the Norilsk Nickel board, RusAl said on Thursday. For full story, click here
Duluth Metals new NI 43-101 Preliminary Economic Assessment confirms higher production rate and positive economics with current metal prices. For full story, click here
Bleak economic prospects and a stronger dollar could over the next six months send prices of precious metal palladium to near 12-year lows $125 an ounce, an industry report showed. For full story, click here
Palladium for immediate delivery advanced 1.3 percent to $198 an ounce after rising 5.4 percent in the previous trading session. For full story, click here
Stillwater Mining Company and United Steel Workers and its Local 11-0001, East Boulder Unit announced that they have reached a tentative agreement on changes to the current Collective Bargaining Agreement that are impacted by the Company’s restructuring plan. For full story, click here
Prize Mining Corporation announced that it has closed a private placement offering of common shares of Prize issued on a tax flow through basis. A total of 600,000 Flow Through Shares at price of $0.10 per Flow Through Share were issued for total gross proceeds of $60,000. For full story, click here
Chancery Resources, Inc. announced the completion of the Acquisition of anundivided one hundred percent interest in certain mineral interestslocated in British Columbia. For full story, click here
Friday, November 28, 2008