Study predicts robust economics at Mary River
It took four years and $170 million, but the definitive feasibility study on its 100%-owned Mary River direct- shipping iron ore project was well worth the wait, Baffinland Iron Mines (BIM-T, BIMGF-O)…
Canada
HudBay cuts Callinan royalty cheque for 777 mine
HudBay Minerals (HBM-T, HBMFF-O) has paid $2.4 million to Callinan Mines (CAA-V, CCNMF-O) as part of a net profit interest (NPI) and royalty agreement for a Manitoba property that sparked a contentiou…
Finning marks 75 years as Caterpillar Dealer
Finning International (FTT-T, FINGF-O), the world’s largest Caterpillar (CAT-N) dealer, is celebrating 75 years in business.
Roca rallies on Max moly
VANCOUVER — Underground drilling at Roca Mines’ (ROK-V, ROCAF-O) Max molybdenum mine, 60 km southeast of Revelstoke, B.C., hints at the depth expansion potential of the deposit.
Roxmark tests potential to reopen Northern Empire (February 22, 2008)
Roxmark Mines (RMK-V) has started a 6,200-metre surface diamond drill program at its Northern Empire mine property …
Potash One raising more funds for Legacy (February 21, 2008)
Vancouver – Little more than a month since closing an $11-million financing, Potash One (KCL-V, KCLOF-O) — which r…
Acadian to upgrade Getty zinc-lead resource
Acadian Mining (ADA-T, C2Z-F) has received zinc and lead grades from its Getty property in near Gays River, Nova Sc…
Aurora’s Michelin grows (February 20, 2008)
Vancouver – A 20% increase in resources is a nice boost for a company already working through pre-feasibility studi…
Alexis improves Lac Herbin plan for Q2 start-up
After a bulk sample, updated resource and a revised feasibility study, Alexis Minerals (AMC-T) has decided to start…
Marathon bids for Discovery PGM (February 19, 2008)
Vancouver – In the midst of completing a feasibility study on its namesake project, Marathon PGM (MAR-T) has made a…
Robust economics for Baffinland’s Mary River project
It took four years and about C$170 million but the definitive feasibility study on its 100%-owned Mary River direct…
Richmont raises reserves (February 19, 2008)
While Richmont Mines (RIC-T, RIC-X) increased production slightly in 2007, it raised gold reserves significantly, t…