People (February 02, 2009)
Andina Minerals — George Bee appointed president and CEO; Carl Hansen has stepped down as president and CEO.
2009
Acadian Subsidiary ScoZinc Gets Creditor Protection
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.
Rusoro Bid: An Offer Gold Reserve Shareholders Can Refuse
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. Markets – Jan. 20-26
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 …
Toronto Stock Exchange – Jan. 20-26
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…
TSX Venture Exchange – Jan. 20-26
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…
Solid Prefeasibility For Golden Band’s La Ronge
VANCOUVER — Golden Band Resources (GBN-V, GBRIF-O) has taken another step towards production with a positive prefeasibility study for its La Ronge gold project in northern Saskatchewan.
Houston Lake Grows West Cedartree
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.
Centamin Raising $60M For Sukari
VANCOUVER — Centamin Egypt (CEE-T, CEY-L) is raising $60 million for its 9-million-oz. Sukari gold project in Egypt through a bought-deal financing.
Chesapeake breathing new life into Metates
Vancouver – Armed with long mineralized intercepts and a new metallurgical plan for a big old gold-silver deposit…
B2Gold swoops in on Central Sun
Vancouver – With only hours to go before a 5:00 p.m. deadline on Jan. 30 Linear Gold (LRR-T) dropped its bid for Ce…
Cliffs buys into KWG on ‘Ring of Fire’ chrome discovery
Coking coal and iron ore heavyweight Cliffs Natural Resources (CLF-N) is investing US$3.5 million in a private pl…