BHP Backs In On Peregrine’s Chidliak
BHP Billiton (BHP-N, BLT-l), the principal owner of Canada’s wildly successful Ekati diamond mine in the Northwest Territories, seems to think Peregrine Diamonds’ (PGD-t) Chidliak project, on southern…
Canada
Denison Slides On Midwest Deferral
Vancouver — Investors drove Denison Mines’ (DML-T, DNN-x) share price down 24% after the company announced plans to shut down the Tony M uranium mine in Utah and shelve development plans for the Midw…
Editorial: BHP Billiton Dodges A US$42B Bullet
The week ended Nov. 29, the 48th trading week of 2008, was characterized by a couple of things that didn’t happen.
Thor Vein Returns Strong Gold Grades For Northern Abitibi
Discovered earlier this season by trenching, the Thor vein at the Viking gold project near Sops Arm, Nfld., is proving to be a promising discovery, reports operator Northern Abitibi Mining (NAI-V, NOM…
Bravo sees more high grade potential at Homestake
Vancouver – Long and high-grade gold intercepts at Bravo Venture’s (BVG-V) Homestake Ridge property, 35…
Kodiak hitting gold
Vancouver – The Golden Mile project is starting to outgrow its name: Kodiak Exploration (KXL-V) has traced its rich…
StrataGold’s Mar tungsten deposit returns positive PEA
Vancouver – StrataGold (SGV-T) has been exploring the Dublin Gulch property for gold for several years but of late …
Positive PEA for Seabridge’s KSM project
Vancouver – A preliminary economic assessment has tagged the Kerr-Sulphurets-Mitchell (KSM) project in northwest Br…
HudBay Bids For Lundin
Vancouver — In a move that took investors and analysts by surprise, HudBay Minerals (HBM-T, HBMFF-o) and Lundin Mining (LUN-T, LMC-n) plans to merge into what they hope will be the next major global …
NovaGold Shutters Rock Creek Mine
Vancouver — NovaGold Resources (NG-T, NG-x) shares plunged $1.48 to close at 72 after the company announced it was suspending production at its Rock Creek gold mine and that it wouldn’t be able to m…
Teck Takes Hard Line On Fording Debt
Vancouver–The harsh reality of Teck’s (TCK. B-T, TCK-n) debt burden has just become abundantly clear: the major has cancelled its annual dividend, slashed spending dramatically, and walked away from …
Cameco’s Q3 Earnings Down 46% From Last Year
Third-quarter net earnings for the world’s largest uranium producer and one of two Candu fuel manufacturers in Canada fell nearly 50% year-on-year due to lower prices and higher costs.