Hunt’s promising intercepts at La Josefina
Argentina-focused Hunt Mining (HMX-V) has drilled encouraging gold intersections at the Sinter zone of its La Josefina gold project in Santa Cruz province.
News
Puda Coal faces class-action lawsuit (May 30, 2011)
Allegations of fraud and untrustworthy financial statements that have led to a class-action lawsuit against former stock market darling Puda Coal (PUDA-X) underscore just how risky doing business in China can be.
BHP greenlights Misery at Ekati
BHP Billiton (BHP-N, BLT-L) has given a thumbs-up to its Misery open-pit project at the Ekati diamond mine near Yellowknife, N.W.T.
BC’s NW Transmission Line gets environmental approvals
Mining projects in British Columbia’s northwest are another step closer to tapping into the provincial grid after the federal government gave the environmental go-ahead for the Northwest Transmission Line.
Rising Nevsun declares first dividend (May 30, 2011)
Nevsun Resources (NSU-T, NSU-X) has followed up a successful ramp-up to production at its 60%-owned Bisha polymetallic mine in Eritrea by declaring a modest first dividend.
Profits surge at Dundee Precious Metals (May 30, 2011)
With increased production and higher realized metals prices, Dundee Precious Metals (DPM-T) has managed to turn things around from where they were this time last year.
Global mining giants eye Quesnel Trough
British Columbia’s Quesnel Trough could see heightened exploration this year now that several international majors have taken an interest.
ArcelorMittal invests $2.1B in Quebec
ArcelorMittal (MT-N) is spending $2.1 billion to expand its Mont-Wright mining complex and Port-Cartier pellet plant near Fermont in northern Quebec.
Cline slumps on production delays, dilutive financing
Investors disappointed with Cline Mining’s (CMK-T, CLNMF-Q) early morning announcement on May 16 that coal production in 2011 is going to be lower than expected at its recently reopened New Elk coal mine in Colorado were hit with more…
Quaterra picks up past producer in Nevada
The 1970s were not kind to the Anaconda Copper Company. Its properties were expropriated in Chile and the company was eventually taken over by Arco, an oil and gas company that wasn’t interested in the copper producer’s mineral assets, which…
Southern Arc outlines wide zone
On one a tough day on the market for miners, Southern Arc Minerals (SA-V) defied the trend and made a solid gain on the back of its latest drill results.
Editorial: Mont-Wright iron mine to double in size
Eastern Canada’s reborn iron ore mining industry had another big growth spurt in mid-May.