Iron Ore’s Cautious Evolution
Iron ore was in the spotlight during the 19th trading week of the year, from esoteric new hedging opportunities to derailed grassroots iron ore deals.
Canada
New Horizon For Canadian Natural Resources
By bringing its Horizon oilsands project in Alberta into production in February, Canadian Natural Resources (CNQ-T, CNQ-N) thrust itself into the middle of the conversation on how best to play the oil…
Sage scoops up Puma
An all-share merger between Geraldton-Beardmore explorer Sage Gold (SGX-V) and Consolidated Puma Minerals (CPW-V)…
Canadian exploration spending expected to halve in 2009
Vancouver – For a junior to spend even half as much on exploration in Canada this year as compared to last may now …
Seabee returns strong intercepts for Claude Resources
Results so far this year from infill drilling at Saskatoon-based Claude Resources’ (CRJ-T, CGR-X) Seabee mine, 125 …
Berg grows for Terrane
Vancouver – The Berg project is bigger and better defined for Terrane Metals (TRX-V, TRXOF-O).
Syncrude works continuously at reclamation
Syncrude, one of the largest oilsands operators, does not wait until an area is completely mined out before startin…
Century Mulls Its Options At Lamaque
Junior gold producer Century Mining (CMM-V, CMNZF-O) has nailed down a conditional underwriting commitment for US$65 million to restart Lamaque, a gold mine in Quebec that historically has produced mo…
HudBay Posts Q1 Loss
Lower copper and zinc prices sent HudBay Minerals’ (HBM-T, HBMFF-O) net earnings into negative territory in the first quarter of 2009, but lower operating costs helped cushion the fall.
Western Canadian Coal Won’t Halt Wolverine And Brule
Western Canadian Coal (WTN-T, WTN-L) has negotiated “sufficient” sales contracts and prices for the fiscal year ended on March 31, 2010, to allow it to continue mining high-quality metallurgical coal …
Cameco’s Q1 Profit Sinks 38%
Higher production costs in its uranium business chipped away at Cameco’s (CCO-T, CCJ-N) profits in the first quarter of 2009.
Moly Getting Back On Her Feet
One encouraging development during the 18th trading week of the year was the hint that the molybdenum market is recovering after the devastating demand collapse we witnessed late last year.