‘Squeaky Clean’ Lydian Gets Help From EBRD, IFC
The European Bank of Reconstruction and Development (EBRD) will invest $1.6 million to finance Lydian International’s (LYD-T) exploration projects in the Western Balkans.
Zinc-Lead
Forecasters see most commodities rebounding in 2010
One of the most anticipated, and well-attended, sessions in this year’s PDAC convention in Toronto was headlined Co…
Redcorp Files For Creditor Protection
VANCOUVER — Redcorp Ventures( RDV-T, RDFVF-O) has filed for creditor protection, a few weeks after suspending development work at its Tulsequah Chief polymetallic mine in northern British Columbia in…
Yemen Looks For Share Of Mining Spotlight
Exploration companies looking for the next big find have seldom thought to look in the Middle Eastern country of Yemen.
Nagging Court Case Over For Farallon
Farallon Resources (FAN-T, FRLLF-O) is generating positive news despite being a base metal producer in a slumping metals market.
Silvercorp raises $31m, eyes potential China acquisitions
Having closed a $31 million private placement, Silvercorp Metals (SVM-T, SVM-X), a silver miner focused on China,…
Lines Are Drawn In Battle For HudBay
VANCOUVER — After spending $460 million to acquire a nickel project that’s since been shelved and then attempting to take over Lundin Mining (LUN-T, LMC-N) in a deal that shareholders resoundingly re…
Breakwater Struggles To Stay Afloat
Breakwater Resources (BWR-T, BWLRF-O) posted a net loss of $88.3 million or 20¢ per share in 2008 compared with net earnings of $23.4 million or 6¢ per share in 2007.
Redcorp enters creditor protection as Tulsequah costs escalate
Vancouver – Redcorp Ventures (RDV-T) has filed for creditor protection, a few weeks after suspending development …
Excellon to buy Silver Eagle Mines
Excellon Resources (EXN-T) is putting plans to build a mill at its Platosa silver-lead-zinc mine in Durango state, …
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.