News

A continuing trend of strong metals prices, pretty much across the board, drove the junior mining market to a strong week during the Oct. 6-12 period.

Uranium miner Energy Resources of Australia (ERA), most of which is owned by London-based Rio Tinto (RTP-N), has been charged in connection with a uranium spill at its Ranger mine in the Northern Territory.

Workers at the idled aluminum smelter in Wenatchee, Wash., represented by the United Steelworkers of America (USWA) and the Aluminum Trades Council of Wenatchee, have voted to accept a labour agreement that will save about 400 jobs.

Vancouver — Drilling by Cross Lake Minerals (CRN-T) at the Ruddock Creek property in British Columbia has extended a high-grade zone of massive sulphides to the west.

Vancouver — Anooraq Resources (ARQ-V) has consummated its marriage with Pelawan Investments, a South African black economic empowerment group, through a reverse-takeover of the former by the latter.

Large bought-deal financings have cashed up two junior gold producers, Rio Narcea Gold Mines (RNG-T) and High River Gold (HRG-T).

The Manitoba-based operations of Hudson Bay Mining & Smelting could be sold to tiny Venture-listed Ontzinc (OTZ-V) if a new deal with Hudson Bay’s parent goes through.