Silver Wheaton To Consolidate Grip On Industry
Silver Wheaton’s (SLW-T, SLW-N) proposed acquisition of Silverstone Resources (SST-V, SVRCF-O) will give it immediate production and cash flow from a number of low-cost mines in politically stable cou…
Canada
Temporary Shutdowns Planned For Diavik
To deal with a global drop in diamond demand, Rio Tinto (RTP-N, RIO-L) is planning two shutdowns at the Diavik mine in the Northwest Territories in the coming months, as well as further delays to the …
Denison Records US$80M Loss
VANCOUVER — The economic downturn has hit the uranium market hard and Canadian producer Denison Mines (DML-T, DNN-X) is feeling the pinch. In recent months, the company reported a 2008 loss of US$80….
Uranium Days Over In BC, Again
VANCOUVER– The prospect of uranium mining in B. C. received a final blow in March, as the provincial government moved to prohibit the chief mine inspector from issuing uranium and thorium exploration…
Energy Fuels, Magnum Uranium To Merge
Energy Fuels Resources (EFR-T, EFRFF-O) is a Toronto-based uranium and vanadium development company that rehabilitates formerly producing mines. It also plans to be the first company in more than 25 y…
Uranium Enjoying A Resurgence In Nunavut
VANCOUVER — A year and a half after the Nunavut government adopted a uranium development policy, the territory is hopping with uranium exploration and development efforts.
Xstrata suspends copper production at Kidd smelter for 8 weeks
Citing weak sulphuric acid demand, Xstrata Copper, a subsidiary of Xstrata (XTA-L), is suspending copper production…
Eloro Resources finds zinc-silver rich massive sulphides in Ontario
Eloro Resources (ELO-V) believes the mineralization at its Hurdman property in northern Ontario is similar to that …
Aurizon raising $50 million
A $50-million bought-deal financing led by National Bank Financial will give Aurizon Mines (ARZ-T, AZK-N) some cash…
Goldsource shares fall on Border coal intercepts
Vancouver – Investors battered the share-price of Goldsource Mines (GXS-V) after it released its latest coal inte…
Goldcliff hit near-surface gold in southern BC
Vancouver – Drills probing beneath the Bonanza trench at the Panorama Ridge property in southern British Columbia…
Adex advances tin-indium-zinc project in New Brunswick
Adex Mining (ADE-V) has a new resource estimate for the North zone at its Mount Pleasant tin-indium-zinc project in…