VANCOUVER– Red Back Mining (RBI-T, RBIFF-O) is riding the gold tide and raising money again. It was only two months ago that the gold producer had to boost a $40- million financing to $60 million bec…
— The following is an edited recap of the Ontario Mining Association’s Climate Change Workshop, a half-day seminar held Jan. 15, 2009, at the OMA’s office in Toronto.
The unravelling of the controversial HudBay-Lundin merger was the biggest mining story in Canada during the week ended Jan. 24, the third trading week of the year, as weeks of relative quiet over the …
Bard Ventures’ (CBS-V, BVTLF-O) Lone Pine project, 15 km northwest of Houston, B. C., has a measured and indicated resource of 110.3 million tonnes grading 0.083% molybdenum, totalling 201.7 million l…
African Copper (ACU-T, ACU-L) is closing the doors on its Mowana copper mine in Botswana.
Andina Minerals — George Bee appointed president and CEO; Carl Hansen has stepped down as president and CEO.
Dramatic cost reduction measures at Acadian Mining’s (ADA-T, ADAIF-O) Scotia mine a few months ago weren’t enough to save it from collapsing zinc and lead prices.
Less than 3% of Gold Reserve’s (GRZ-T, GRZ-X) shares have been tendered so far in Rusoro Mining’s (RML-V, RMLFF-O) hostile takeover bid, prompting Rusoro to extend the deadline another month to Feb. 1…
U. S. President Barack Obama’s first week in the Oval Office did not calm the jitters on Wall Street. The markets continued to lose ground over the Jan. 20-26 trading period. The Dow Jones Industrial …
The S&P/TSX composite index lost 185 points, or 2.1%, to 8,657 during the Jan. 20-26 trading session, with the Capped Metals and Mining index dropping 2 points, or 0.8%, to 265; and the Capped Mat…
As Barack Obama was inaugurated in the United States and the price of gold gained more than US$70 per oz., the S&P/TSX Venture composite index saw another week of small gains and losses. At the en…
Houston Lake Mining (HLM-V, HLKMF-O) has taken another step towards realizing its ambition of developing a gold mine near Kenora, in northwestern Ontario.
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