First Majestic gains momentum in Mexico
VANCOUVER — Times are good for First Majestic Silver (FR-T, FRMSF-O). The company’s share price has climbed more than 55% in the last six months, it was recently upgraded to the Toronto Stock Exchang…
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New partner for Exeter at Cerro Moro gold-silver project
VANCOUVER — Exeter Resource (XRC-V, XRA-X) is taking big steps forward; the junior just outlined a strategic agreement with a government- owned company for the development of the Cerro Moro gold-silv…
Dundee to test open-pit potential at Armenian mine
Dundee Precious Metals (DPM-T, DPMLF-O) claims that the Shahumyan polymetallic deposit at its producing Kapan mine, in Armenia, shows potential for an open-pit mine, and now the company is setting out…
Bear Creek to buy out Rio Tinto at Corani
VANCOUVER — Bear Creek Mining (BCM-V, BCEKF-O) has reached a deal to purchase the 30% interest in the Corani silver-lead-zinc deposit held by its joint-venture partner, Rio Tinto (RTP-N, RIO-L).
Alcoa sells packaging and consumer businesses
Aluminum giant Alcoa (AA-N) has sold its packaging and consumer businesses to New Zealand-based Rank Group Ltd.
Mechel plans electronic procurement system
Russian mining company Mechel (MTL-N) plans to develop and implement an electronic trading system to automate purchasing of supplies and services for its subsidiaries.
Meet the Miners day at Queen Park
On Wednesday, March 19, mining industry associates will take to Queen’s Park to promote mining and the benefits it provides to society and the economy.
Caterpillar, Claycrete pave partnership
Mining equipment manufacturer Caterpillar (CAT-N) has partnered with road construction company Claycrete to market Claycrete products worldwide.
Obituary: John Cooke: Mining legend dies at 80
For some, his memory conjures the gentle, honey scent of Chivas Royal brand scotch, to others, the corners of a meticulously tied tie coupled with a well-tailored suit. But whatever the memory, its ro…
U.S. Markets (March 17, 2008)
The U. S. markets plunged lower during the March 4-10 trading period as mounting credit market losses had investors wondering how cool the economy will get.
TORONTO STOCK EXCHANGE (March 17, 2008)
The TSX Composite Index finished the March 4-10 trading period off slightly at 13,005.09 points, with the index’s ties to natural resources the key culprit. Material stocks fell with commodity prices …
TSX VENTURE EXCHANGE (March 17, 2008)
With gold posting a modest retreat from recent record high territory, the S&P-TSX Venture Composite Index dropped 130.44 points to close the March 4-10 trading session at 2,664.13. Trading volumes…