Vale Inco, Alcoa and U.S. Steel cutting back
Responding to the ongoing slowdown in the nickel market, Vale Inco, the nickel division of Vale (RIO-N), has anno…
News
New Gold to merge with Western Goldfields
New Gold (NGD-T) and Western Goldfields (WGI-T) are joining forces to create a diversified gold production base fro…
Minco goes to court over Sunshine mine, unpaid debt
SNS Silver (SNS-V) and Minco Silver (MSV-T) are both claiming rights to the recently-abandoned Sunshine mine near K…
Trevali arranging US$20M loan for Peruvian hydro project
Vancouver – Banco Internacional del Peru (Interbank) and law firm Estudio Eschecopar are helping Trevali Resources …
US Gold reports strong results from El Gallo, Mexico
Rob McEwen, the man who founded Goldcorp (G-T, GG-N) and discovered one of the world’s richest gold mines at Red La…
Border coal beds start to develop for Goldsource
Vancouver – A steady stream of coal intercepts is helping Goldsource Mines’ (GXS-V) share price re-gain some grou…
MacArthur’s $100-million pay day disappears
Vancouver – It seemed too good to be true and it was: MacArthur Minerals (MMS-V) fell 45% on news that a $100-mil…
Lundin loses US$957M in 2008
Vancouver – Lundin Mining (LUN-T) lost almost US$1 billion in 2008 and now carries US$267 million in debt followi…
Rubicon expands its Red Lake jewel
RED LAKE, ONT. – In summer, Red Lake (population 5,000) is a charming place, well known for its abundant fishing …
Aquiline Advances Giant Navidad
SITE VISIT GASTRE, ARGENTINA — There are surely very few places where one can stand atop a deposit holding resources of 450-600 million oz. silver. Aquiline Resources’ (AQI-T, AQLNF-O) Navidad…
Anglo American to cut 19,000 jobs this year
Anglo American( AAUK-Q, AAL-L) plans to axe 19,000 jobs or about 10% of its global workforce this year due to trimmed-back production plans and rescheduled projects.
Rubicon Expands Its Red Lake Jewel
SITE VISIT RED LAKE, ONT. — In summer, Red Lake (population 5,000) is a charming place, well known for its abundant fishing and annual float-plane festival which attracts spectators from…