Redcorp Files For Creditor Protection
VANCOUVER — Redcorp Ventures( RDV-T, RDFVF-O) has filed for creditor protection, a few weeks after suspending development work at its Tulsequah Chief polymetallic mine in northern British Columbia in…
Canada
Border Coal Beds Start To Develop For Goldsource
VANCOUVER — A steady stream of coal intercepts is helping Goldsource Mines’ (GXS-V, GXSFF-O) share price regain some ground, though it remains far below the dizzying heights it reached last summer.
West Africans Ask Miners For More Training, Transparency
Mines ministers from West Africa say foreign mining companies need to become more transparent, help more with infrastructure development and provide more training to local people.
Hawk Quits Noront JV On Disappointing Results
Ho-hum exploration results in the “Ring of Fire” in the McFaulds Lake area of northern Ontario have forced Hawk Uranium (HUI-V, HWKPF-O) to bow out of its joint-venture option agreement with Noront Re…
Hathor gets set to launch gold-silver spin-out
Uranium explorer, Hathor Exploration (HAT-V) is spinning out its gold-silver projects into a new company, MAX Miner…
Crowflight soldiers on in tough nickel environment
While the market remains chilly to nickel projects, Crowflight Minerals (CML-T) continues to improve the economics …
Denison delineates Zambian uranium
Vancouver – Denison Mines (DML-T) has defined a uranium resource in Zambia and plans to push through feasibility st…
Silver Wheaton to consolidate grip on silver-stream industry
Silver Wheaton’s (SLW-T, SLW-n) proposed acquisition of Silverstone Resources (SST-V) will give it immediate produc…
Cadiscor and Tiomin call off proposed merger deal
A risk of legal action from Jaguar Financial (JFC-T, JGFCF-O) was enough to derail a proposed friendly merger betwe…
Tahera Diamond finds interested party
Vancouver – CCAA-protected Tahera Diamond, the owner of the closed Jericho diamond mine in Nunavut, says it …
Canadian Royalties to renegotiate debentures
If market conditions don’t improve, Canadian Royalties (CZZ-T) might not have enough cash to pay interest on $137.5…
Richmont Sees Healthy Q4
While other junior miners continue to be undercut by economic uncertainty, Richmont Mines’ (RIC-T, RIC-X) fourth-quarter results show a company being rewarded for its shrewd moves.