Alcoa falls on production, job, expenditure cuts
Vancouver – Aluminum giant Alcoa (AA-N) is slashing production levels, jobs, and expenditures in an attempt to keep…
2009
Denison to pay down debt with $41M financing, CFO says
Vancouver – The executive vice president and chief financial officer James Anderson of intermediate uranium p…
Western Canadian cuts coal production
Vancouver – Another miner is cutting back production levels in the face of falling prices, this time a coal produ…
Normabec positive about Pitt gold project
Normabec Mining Resources (NMB-V) released some promising drill results from its Pitt gold property 35 km north of …
Debt troubles start to pile up for miners
Vancouver – For a growing number of mining companies unable to make payments on significant debts, the prospects for a happy new year are growing dim. During the last days…
Advanced Explorations makes headway in Nunavut
Drill results for Advanced Explorations’ (AXI-V) Roche Bay iron ore project in Nunavut confirm a higher grade…
NovaGold raises $60 million in ‘gut-wrenching’ time
A private New York company has agreed to take on a 30% interest in cash-strapped NovaGold Resources (NG-T, NG…
UEX soars as it proves up Hidden Bay
UEX Corporation (UEX-T) took part in the TSX Composite Index’s rally on January 5th.
New Gold puts Amapari mine on care and maintenance
Six years ago mining tycoon Ian Telfer described the Amapari gold mine in Brazil as “one of the best undevelo…
Update: Chile in for long haul with copper price protection, ENAMI says
Vancouver – The Chilean government’s national mining company responsible for assisting small and medium…
Continental Nickel’s Tanzanian results
Nickel may be trading at just US$5.96 per lb. but that isn’t slowing down Continental Nickel (CNI-V) at its N…
U.S. Department of Energy plans surplus uranium sales
The U.S. Department of Energy (DOE) has announced plans to sell its surplus uranium inventory over the next nine ye…