Positive PEA for Seabridge’s KSM project
Vancouver – A preliminary economic assessment has tagged the Kerr-Sulphurets-Mitchell (KSM) project in northwest Br…
Canada
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.
Rolling Rock Resource Tops 1M Oz. Gold
Vancouver — As Rolling Rock Resources( RLL-V, RLLGF-o) reworks data for a pending scoping study of its Monument Bay project, 350 km southeast of Thompson, Man., it has topped a million inferred ounce…
Editorial: HudBay’s baffling Lundin bid
While metal prices seem to have bottomed out in November, the week ended Nov. 22, the 47th trading week of 2008, saw several miners’ share prices get their feet knocked out from under them.
Arctic Star Diamond Pushes Ahead With Nickel Discovery
When junior explorer Arctic Star Diamond (ADD-v) acquired its Credit Lake property — “within sight of Canada’s greatest diamond mines” in the Northwest Territories four years ago–it didn’t expect to…
VMS Ventures keeps hitting good grades at Reed Lake
Vancouver – The Reed Lake discovery continues to return solid copper-zinc-silver-gold intersections for VMS Venture…
Capoose on track for Silver Quest
Vancouver – As part of its efforts to update a historical resource estimate, Silver Quest Resources (SQI-V) h…
Osisko keeps the good news rolling
The latest results from Osisko Mining (OSK-T) and its Canadian Malartic project in Quebec sent its shares climbing….
Minto copper mine plugged into powergrid
Vancouver – The recently completed connection of Capstone Mining’s (CS-T) Minto copper mine to the powergrid …