Boliden’s losses narrow in quarter
The losses of cash-strapped Swedish-Canadian miner Boliden (BOL-T) shrank in the latest quarter, thanks to increased mining and smelting production.For the three months ended June 30, the company post…
The losses of cash-strapped Swedish-Canadian miner Boliden (BOL-T) shrank in the latest quarter, thanks to increased mining and smelting production.For the three months ended June 30, the company post…
Added production from mines acquired in the Rio Algom takeover nudged BHP-Billiton’s (BHP-N) copper production past the 1-million-tonne mark for the fiscal year ended June 30.The newly merged miner’s …
Monterrey, Mexico — Having spent the past 15 years developing bioleach applications to treat refractory sulphide gold ores, only to see gold prices plummet to historic lows, BacTech Enviromet (YBA-V)…
The massive new copper mine at Antamina in north-central Peru has shipped its first load of concentrate, putting the project ahead of its scheduled start of commercial production.The Antamina mill, de…
Weeks after announcing a “strategic alliance” with Noranda (NRD-T), Virginia Gold Mines (VIA-T) has teamed up with Placer Dome (PDG-T) to explore for precious metals in the Labrador Trough regi…
The increase in the share price of Metallica Resources (MR-T) to a recent 52-week high of $1.30 (off a year-low of 18) coincides with the release of assay results from a second round of drilling by N…
Citing uncertainties associated with a lawsuit brought forth by Falconbridge (FL-T) and Noranda (NOR-T), Boliden (BOL-T) has decided to sell those companies its adjoining Lomas Bayas and Fortun…
With dozens of projects on the go, Virginia Gold Mines (VIA-T) is doing more than its share to keep exploration alive in the vast wilderness of northern Quebec. The junior is also receiving financial …
Toronto-based Noranda (NOR-T) has begun a first phase of drilling at the Blue Point copper prospect, part of the Red Cliff project in eastern Newfoundland.Blue Point is a gently dipping, coastal expos…
Toronto-based Franco-Nevada Mining (FN-T) has acquired an additional 1.2 million shares of Metallica Resources (MR-T), boosting its equity stake to 3.4 million shares, or 12.76% of the Colorado-based …
A positive feasibility study of the Duck Pond copper-zinc project in central Newfoundland means partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T) will now be looking for permits and f…
A restructuring deal that would see Boliden (BOL-T) retire a large part of its corporate debt has hindered the company’s plan to sell its Lomas Bayas copper project in northern Chile.The restructuring…