NovaGold suspends Rock Creek production, short on cash for loan
Vancouver – The share price of NovaGold Resources (NG-T) plunged $1.48 to close at 72¢ after the company annou…
News
Wesdome finds gold under lake
Wesdome Gold Mines (WDO-T) has found some much needed gold in an area that has never been drilled before on its Dub…
Update: Analysts deride HudBay-Lundin merger
Vancouver – Almost across the board, analysts downgraded HudBay Minerals (HBM-T) on its proposed merger with Lundin…
BHP Billiton backs Peregrine Diamonds on Baffin Island
BHP Billiton (BHP-N, BLT-L), the principal owner of Canada’s wildly successful Ekati diamond mine in the Northwest …
Commentary: Are drillers better off today? (November 24, 2008)
Have you ever seen one of these? Shame on you: you’ve been around too long!
Apoquindo copper chiefs see near-term production
SITE VISIT Antofagasta, Chile — The word apoquindo means “meeting of the chiefs.” It’s an appropriate name for a company chaired by the former head of the world’s biggest copper…
Colossus Minerals digs in at Serra Pelada
SITE VISIT Carajas, Brazil — Old photographs of the most spectacular gold rush in recent history show tens of thousands of artisanal miners called garimpeiros clawing away at the mud…
U. S. MARKETS – NOVEMBER 11-17
Indexes were down across the board during the Nov. 11-17 trading session. The Dow Jones Industrial Average fell 5.1% or 420.38 points to 8,273.58, while the S&P 500 Index dropped 48.2 points, or 5…
TORONTO STOCK EXCHANGE – NOVEMBER 11-17
Global markets resumed their slide over the Nov. 11-17 trading session and the TSX was no exception. The TSX Composite Index fell roughly 107 points to 8,795.45 over a period that saw U. S. Treasury S…
TSX VENTURE EXCHANGE – NOVEMBER 11-17
By the last day of the Nov. 11-17 trading session the S&P-TSX Venture Composite Index slid below 800 points and closed at a low not seen since January 2000. The Venture board lost 128.2 points to …
Rare Earths Shortage Looming?
The key metals needed for hybrid cars, flat-screen TVs and energy-efficient lighting could be in short supply in a few years’ time if rare earth element mines aren’t developed outside of China, some i…
Lundin Sees One-Two Punch In Q3
Vancouver– Deteriorating metal prices have forced Lundin Mining (LUN-T, LMC-n) to put one mine on care and maintenance, consider closing another early, and shift production at a third to copper from …