Vale Inco halts concentrate shipments from Voisey’s Bay
Vale (RIO-n) has stopped shipping concentrate from its gigantic Voisey’s Bay nickel mine as part of an agreement wi…
Canada
Thompson Creek to close moly mines for a month
Vancouver – Following the lead of other molybdenum miners Thompson Creek Metals (TCM-T, TC-N) is slashing its produ…
Canada Zinc seals strategic partnership with Chinese company
The crippling economic crisis means many cash-strapped juniors are resorting to strategic partnerships with base-me…
Denison To Pay Down Debt With $41M Financing
VANCOUVER — Intermediate uranium producer Denison Mines (DML-T, DNN-X) will use “basically all” of a recently announced $41- million bought-deal financing to pay down debt on a $125-million revolving…
Western Canadian Cuts Coal Production
VANCOUVER — Another miner is cutting back on production in the face of falling prices, this time a coal producer. Western Canadian Coal (WTN-T, WXJXF-O) is almost halving output at its Brule mine and…
Bard’s Lone Pine Boasts 200,000 Lbs. Moly
Bard Ventures (CBS-V, BVTLF-O) will continue drilling on its Lone Pine project 15 km northwest of Houston, B. C., after a positive initial resource estimate.
New CEO Not Looking To Transform Barrick
Despite his relative youth, Barrick Gold’s (ABX-T, ABX-N)new president and CEO, Aaron Regent, has taken some of Canada’s largest companies through difficult times.
A Time To Take Stock: New AME BC Pres
The mineral exploration and mining industry was a cornerstone of British Columbia’s economy long before the province joined the Canadian Confederation 138 years ago.
Crosshair To Merge With Target
One uranium junior lacked cash and the other a worthwhile project, but they both had the same chief executive and an overlap of directors, making a merger the obvious choice, says Mark Morabito, presi…
Shore Gold Pushes Ahead With Reduced Budget
VANCOUVER–Canadian diamond explorer Shore Gold (SGF-T, SHGDF-O) is planning to spend a pared-down $18 million on its Saskatchewan diamond projects this year, focused on preparing a prefeasibility stu…
Premier Gets Into Gear For The New Year
While Premier Gold Mines (PG-T, PIRGF-O) is making a name for itself through its three projects in northwestern Ontario, it isn’t too busy to prove up a site in northwestern Mexico, too.
OSC gives HudBay shareholders the vote
The Ontario Securities Commission (OSC) has taken a firm stand on the side of shareholder’s rights.