HudBay files resource on Lalor Lake
Lalor Lake has the potential to become HudBay Minerals’ (HBM-T, HBMFF-O) next mine in the Flin Flon greenstone belt of Manitoba, the company said in a statement announcing the first resource estimate …
Gold
Soho’s sunny results can’t thaw icy market
VANCOUVER — Like many other juniors, Soho Resources (SOH-V, SHRJF-O) continues to receive a chilly reaction from the market on the release of decent drill results.
Sulliden drops Shahuindo suit against Century
The last chapter in a bitter, five-year legal battle between Century Mining (CMM-V, CMNZF-O) and Sulliden Exploration (SUE-T, EXSDF-O) over a disputed property in Peru has finally come to an end.
Taca Taca cha-cha: Rio returns option to Lumina (September 15, 2008)
VANCOUVER — After drilling six holes, Rio Tinto (RTP-N, RIO-L) has taken a pass on Taca Taca, giving its option on the Argentinean property back to Lumina Copper (LCC-V, LCPRF-O). And this, as Lumina…
Early bird Lydian snags far-flung gems
Lydian International (LYD-T) likes to arrive early.
Castle Gold hikes El Castillo resource (September 15, 2008)
Using a higher gold price of US$625 per oz., Castle Gold (CSG-V, CSGLF-O) has increased resources at its El Castillo heap-leach open-pit mine in Durango state, Mexico, by 16% and boosted reserves by 5…
Blessed be thy mine: Pope presented with Buffalo Gold chalice
Buffalo Gold’s (BUF-V, BYBUF-O) new connection to Pope Benedict XVI could benefit the company’s future development plans on the Italian island of Sardinia.
Reserves still on the rise at Pallancata
VANCOUVER–For the second time in five months, International Minerals (IMZ-T, IMZLF-O) and Hochschild Mining (HCHDF-O, HOC-L) have proved up a significant reserve and resource boost at their Pallancat…
Iamgold bids for royalty collector Euro Ressources
In a move to cut cash costs, mid-tier gold producer Iamgold (IMG-T, IAG-N) is making a cash bid for Euro Ressources (EUR-T, EUR-E), a Paris-based company focused on precious metal royalties.
Agnico-Eagle doubles credit lines to US$600M
Shares of Agnico-Eagle Mines (AEM-T, AEM-N) were off $1.35, or 2.43%, to $54.21 apiece recently on news that the company has doubled its credit lines to US$600 million.
Norwegian finance minister blacklists Rio
Vancouver A $400 billion Norwegian government pension fund has dumped all of its $820 million worth of Rio Tinto …