Lower production hurts Quadra
Second quarter production was lower than expected for Vancouver-based copper miner Quadra Mining (QUA-T), and the c…
News
Three dead in shootings near Freeport’s Grasberg mine in Indonesia
A 29-year-old Australian and father of a nine-week old infant who worked as an engineer at Freeport-McMoRan Copper …
Romarco expands Snake pit mineralization
Vancouver – Romarco Mineral’s (R-V, RTRAF-O) first drill hole result of the 2009 season has extended gold mineraliz…
Helio focuses on Porcupine gold target in Tanzania
Helio Resource (HRC-V) has intersected gold mineralization in the first three drill holes from its 2009 program a…
Klondex Board Rejects Silvercorp Offer
VANCOUVER — Calling it “opportunistic,” Klondex Mines’ (KDX-T, KLNDF-O) board of directors has rejected an all-share hostile takeover bid made in June by Silvercorp Metals (SVM-T, SVM-X).
Starfield To Acquire Nevoro In Friendly Deal
Explorer Starfield Resources (SRU-T, SRFDF-O), which is advancing the Ferguson Lake base metal and platinum group metal (PGM) project in Nunavut, is taking over fellow junior Nevoro (NVR-T, NEVIF-O), …
Teck Turns To China To Lower Debt
It was such a short time ago that Canada’s biggest independent miner was suffering from too much debt and too little cash flow.
Lots Of Gas Left In The Tank At Aurizon’s Casa Berardi
SITE VISIT LA SARRE, QUE. — In the last two years, Aurizon Mines (ARZ-T, AZK-X) has trimmed debt from $73 million to $21 million. The junior gold producer can now…
Positive Scoping Study For Kuriskova
A preliminary assessment of Tournigan Energy’s (TVC-V, TVCFF-O) Kuriskova uranium deposit in Slovakia calculates a payback within roughly one-third of the projected mine life and production costs subs…
Livengood Resource Tops 10 Million Oz. Gold
VANCOUVER — A winter drill program at International Tower Hill Mines’ (ITH-V, THM-X) Livengood project in Alaska has boosted the gold count in the deposit’s highgrade core by 20%.
Ontario’s Mining Act Amendments: Consultation — Whose Duty?
Previously in The Northern Miner, ( T. N. M., May 25-31/09), I wrote about the aboriginal consultation provisions of Bill 173, the Mining Amendment Act, reminding the industry that although a quick re…
Teck Lets The Dragon In The Door
The last trading week of the second quarter of 2009 brought an end to the worst first half of the year for miners since 2002, though the signs of continued recovery point to a brighter second half and…