Lundin Sees One-Two Punch In Q3
Vancouver– Deteriorating metal prices have forced Lundin Mining (LUN-T, LMC-n) to put one mine on care and maintenance, consider closing another early, and shift production at a third to copper from …
Europe
Empire strikes deep copper-gold-moly (November 24, 2008)
Vancouver — Having wrapped up a 1,300-metre, six-hole drill program at its Bursa property, 120 km south of Istanbul, in Turkey, Empire Mining (EPC-v) has hit long, near-surface, copper-gold-molybdenu…
HudBay and Lundin to merge
Vancouver – In a move that took investors and analysts by surprise, HudBay Minerals (HBM-T) and Lundin Mining (LUN-…
Kinbauri expands gold resources in Spain
Last March, Kinbauri Gold (KNB-V, KINBF-O) bought gold assets in northwestern Spain from Rio Narcea Gold Mines…
Kinbauri tops 2M oz. gold at El Valle and Carles
Vancouver — Resources at Kinbauri Gold’s (KNB-V, KINBF-o) El Valle and Carles mines in northwestern Spain continue to grow in the wake of a completed 30,000- metre drilling campaign. All told, the pr…
Empire strikes deep copper-gold-moly (November 06, 2008)
Vancouver Having wrapped up a 1,300-metre, six-hole drill program at its Bursa property 120 km south of Istanbul,…
Kinbauri reaches 2 million oz. gold at El Valle and Carles
Vancouver – The resource estimate at Kinbauri Gold’s (KNB-V) El Valle and Carles project in northwestern Spain cont…
Severstal and Chalco cutting output (November 03, 2008)
Severstal, Russia’s largest steel maker, is slashing output in Russia, the U. S. and Europe by 25-30% amidst slowing demand, according to a report by Bloomberg news.
Belvedere suspends development at Hitura
Plunging nickel prices have forced Belvedere Resources (BEL-V, BLVDF-o) to suspend operations at its Hitura nickel mine, in Finland.
Belvedere suspends mine development work at Hitura
Plunging nickel prices have forced Belvedere Resources (BEL-V) to temporarily suspend mine development work at its …
Severstal and Chalco cutting output (October 14, 2008)
Severstal, Russia’s largest steel maker, is slashing output in Russia, the U.S. and Europe by 25-30% amidst slowing…
Iamgold says Euro bid timely
Gold miner Iamgold’s (IMG-T, IAG-n) chief executive, Joseph Conway, says the current economic environment makes the company’s all-cash bid for gold royalty company Euro Ressources (EUR-T, EUR-e) an at…