BHP reduces manganese production, adjusts iron production
BHP Billiton (BHP-N, BLT-L), the world’s largest mining company, has approved a capacity expansion at its iro…
Africa
Iamgold wins control of Euro Ressources
Mid-tier gold producer Iamgold (IMG-T, IAG-N) has won control of 71.6% of Euro Ressources and plans to re-open the …
HudBay Bids For Lundin
Vancouver — In a move that took investors and analysts by surprise, HudBay Minerals (HBM-T, HBMFF-o) and Lundin Mining (LUN-T, LMC-n) plans to merge into what they hope will be the next major global …
Orezone Beefs Up Bombor
Orezone Resources (OZN-T, OZN-x) has nearly tripled gold resources at the Bombor project in Burkina Faso to nearly 926,000 indicated oz. and 1.78 million inferred oz.
Kalahari Scraps Extract Merger
Kalahari Minerals (KAH-l) has called off a merger with Extract Resources (EXT-T, EXT-a) over fears that it would give Rio Tinto (RTP-N, RIO-n), a stakeholder in both companies, too much power in the m…
George Forrest Bids For Forsys Metals
While other juniors fight to remain solvent amidst a lurching global economy, Forsys Metals (FSY-T, FOSYF-o) has managed to snag a potential $580-million windfall.
Red Back Boosts Bought Deal To $60M
Vancouver — Within three hours of announcing a $40-million bought deal, Red Back Mining (RBI-T, RBIFF-o) went back to the wire and boosted that number by $20 million.
Helio Hunts For ‘Meat’ In Tanzania’s Southwest
Vancouver — In 2005, Helio Resource’s (HRC-V, HELOF-o) CEO Richard Williams and chief operating officer Christopher Mackenzie were working in Namibia, where Helio still holds a number of properties. …
High River Gold’s Hardships
After preparing the markets for some sort of deal, a deal has indeed been done: High River Gold Mines (HRG-T, HRIVF-o) has announced a massive private placement with Russian steel giant Severstal that…
Lundin Sees One-Two Punch In Q3
Vancouver– Deteriorating metal prices have forced Lundin Mining (LUN-T, LMC-n) to put one mine on care and maintenance, consider closing another early, and shift production at a third to copper from …
Editorial: Teck teeters, Apex falls
Falling commodity prices took deep bites out of another group of zinc miners during the week ended Nov. 15, the 46th trading week of 2008.
HudBay and Lundin to merge
Vancouver – In a move that took investors and analysts by surprise, HudBay Minerals (HBM-T) and Lundin Mining (LUN-…