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…
Canada
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.
GEM: The Feds’ New Fund For Arctic Exploration
In its 2008 budget, the Canadian government described a “Vision for a New North” which included spending $34 million over two years on a program called “Geo-mapping for Energy and Minerals,” or GEM.
Canadian Gold Hunter And Suramina Merge
VANCOUVER — Two Lundin Group companies, Canadian Gold Hunter (CGH-T) and Suramina Resources, have officially combined forces now that shareholders have approved a merger.
Petrobank seeks to commercialize innovative oilsands technology
Petrobank Energy and Resources (PBG-T) has pioneered what is probably one of the most innovative technologies in th…
Commentary: Ontario’s Mining Act amendments: trading priority for clarity?
Ontario’s Mining Amendment Act, 2009, introduced by Northern Development and Mines Minister Michael Gravelle on A…
Potash One grows Legacy resource
Vancouver – Saskatchewan produces one-third of the world’s supply of potash, the key ingredient in fertilizer, but …
Big loss for Connacher in Q1
The drastic price drops in bitumen, crude oil and natural gas left Connacher Oil and Gas (CLL-T) with a $46.8 milli…
New Horizon for Canadian Natural Resources
By bringing its Horizon Oil Sands project in Alberta into production Canadian Natural Resources (CNQ-T) thrust itse…