Chrysler, GM Woes Hit Metal Suppliers
It was a dramatic and disturbing business week in North America during the 17th trading week of the year, as large ownership stakes in GM and Chrysler swiftly wound up in the hands of the U. S. govern…
Canada
Uracan cuts more uranium at North Shore
Uracan Resources (URC-V) has intercepted uranium on the Double S zone at its North Shore project in Quebec, extendi…
BC First Nations, lobby groups, against Enbridge pipeline
First Nations, ethical and environmental groups from British Columbia were in Toronto on May 6 to protest Enb…
Major gold miners hope Goldcorp’s numbers show the way
Lower cost and more gold production proved to be the simple and the winning formula for Goldcorp (G-T) as it announ…
HudBay Minerals posts first quarter loss
Lower copper and zinc prices sent HudBay Mineral’s (HBM-T) net earnings into negative territory in the first quarte…
Dios and Sirios find uranium in outcrops on Opinaca Nord
Dios Exploration (DOS-V) and Sirios Resources (SOI-V) have discovered uranium in grab samples from outcrops on the …
Capstone reports copper-gold intercepts at Minto
Capstone Mining (CS-T) has reported drilling results from its Minto mine in Yukon. The latest batch includes 21 hol…
Denison Mines to pick up Northern Continental Resources
Intermediate uranium producer Denison Mines (DML-T. DNN-X is expanding its empire and acquiring junior Northern Con…
Teck Restructures Massive Debt
VANCOUVER — Teck (TCK. B-T, TCK-N) is back from the brink of disaster: Canada’s biggest mining company watched its share price soar 37% in a day after news it restructured its massive debt load to re…
Aurizon Raising $50M
A $50-million bought-deal financing led by National Bank Financial will give Aurizon Mines (ARZ-T, AZK-X) some cash for its existing operations and potential acquisitions.
Taseko Opens Copper Hedge Book
The “H” word is no longer dirty. With volatility reigning supreme, Taseko Mines( TKO-T, TGB-X) is taking the prudent step of opening a hedge book to lock in profits on half of its 2009 production.
Nunavut Rewarded With Exploration Resurgence
VANCOUVER — Ten years ago, when Nunavut was created, the area was witnessing the end of a productive mining era. The zinc mines at Polaris and Nanisivik and the Lupin gold mine had reached the ends o…