Noranda Income Fund Cuts Jobs, Production
A drop in zinc and sulphuric acid demand has forced the Noranda Income Fund (NIF. UN-T) to cut 45 jobs at its zinc plant in Salaberryde- Valleyfield, Que.
Zinc-Lead
Griffin Mining Pulls Plug On Ivernia Offer
In an unexpected move, Griffin Mining (gfmif-o, gfm-l) has withdrawn its unsolicited takeover offer for lead miner Ivernia (IVW-T, IVWFF-O).
Trevali forging ahead at Santander
Vancouver – The Santander zinc-lead-silver project, 200 km northeast of Lima, Peru, is coming together quickly fo…
Xstrata suspends copper production at Kidd smelter for 8 weeks
Citing weak sulphuric acid demand, Xstrata Copper, a subsidiary of Xstrata (XTA-L), is suspending copper production…
Eloro Resources finds zinc-silver rich massive sulphides in Ontario
Eloro Resources (ELO-V) believes the mineralization at its Hurdman property in northern Ontario is similar to that …
Crew Gold poised to sell Nalunaq gold mine in Greenland
Debt-ladened Crew Gold (CRU-T, CRUGF-0), which posted a net loss of US$203.5 million last year and has watched its …
Argentex’s Pinguino shows polymetallic strength
Vancouver – A 21,000-metre drilling effort at the Pinguino property in Santa Cruz, Argentina, is paying off as dr…
Griffin Mining pulls plug on offer for Ivernia
In an unexpected move, Griffin Mining (GFMIF-O, GFM-L) has withdrawn its unsolicited takeover offer for lead miner …
Adex advances tin-indium-zinc project in New Brunswick
Adex Mining (ADE-V) has a new resource estimate for the North zone at its Mount Pleasant tin-indium-zinc project in…
Griffin Pursues Bargain-Priced Ivernia
Ivernia (IVW-T, IVWFF-O) might not strike many as a great catch. Its Magellan lead mine in Western Australia has been on care and maintenance since March 2007, after birds in the port of Esperance sta…
Commodities Forecasted To Rebound In 2010
One of the most anticipated and well-attended sessions at the recent Prospectors and Developers Association of Canada convention in Toronto was a presentation on commodities and the market outlook. Af…
Trevali Arranging US$20M Loan For Peruvian Hydro Project
VANCOUVER– Banco Internacional del Peru (Interbank) and law firm Estudio Eschecopar are helping Trevali Resources (TV-C, TREVF-O) arrange a US$20-million debt facility through Interbank’s credit comm…