Cliffs Natural Resources idles metallurgical coal output
As the economic crisis continues to squash demand for steel, Cliffs Natural Resources (CLF-N) is idling some of its…
United States
First Resource On Fronteer’s Long Canyon
Fronteer Development Group’s (FRG-T, FRG-X) has long said that its Long Canyon gold deposit in the heart of the Pequop mountain range in northeastern Nevada may define an entirely new gold trend, and …
Tower Hill Raises $10M, Doubles Livengood Drill Program
VANCOUVER — A March financing brought in twice as much as it expected, so International Tower Hill Mines (ITH-V, THM-X) has doubled the size of its drill program at the Livengood gold project in Alas…
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…
Victoria Gold drills keep hitting gold in Nevada
Vancouver – Victoria Gold (VIT-V) is delineating a sizeable high-grade gold deposit at its Cover project in north…
Alcoa loses US$497m in Q1
Aluminum miner Alcoa (AA-N) has reported a loss of US$497 million in the first quarter of 2009, on revenues of US$4…
Mining’s Carbon-Taxed Future
While many in the mining industry still have serious doubts about global warming and our species’ part in it, that isn’t stopping any of the top companies from preparing for what is being seen as the …
EPA Coal Review Causes Anger And Confusion
VANCOUVER — The laissez-faire days of the U. S. Environmental Protection Agency’s (EPA) role in permitting valley fills related to mountaintop coal mining may be over.
Quadra Raising $75M Ahead Of Merger
In a bought-deal agreement with a syndicate of underwriters, Quadra Mining (QUA-T, QADMF-O) will raise $75.3 million that it will use to refinance existing project debt, compensate project contractors…
Minco Goes To Court Over Sunshine Mine
SNS Silver (SNS-V, SNSFF-O) and Minco Silver (MSV-T, MISVF-O) are both claiming rights to the recently abandoned Sunshine mine near Kellogg, Idaho.
New resource for Atlanta Gold project
After switching gears last year to address environmental concerns by local citizens, Atlanta Gold (ATG-T) has rel…
Fronteer posts first drill results from Sandman for 2009
As part of its US$5 million work-program commitment on Fronteer Development Group’s (FRG-T, FRG-x) Sandman project,…