Golden Predator To Spin Out Gold Assets
Golden Predator Mines (GP-T, GPDRF-O) is going to separate its gold and silver assets from its base metal assets in a spinoff that should draw attention to the company’s strong portfolio of precious m…
United States
Alcoa Slices Spending, Workforce
VANCOUVER — Aluminum giant Alcoa (AA-N) is slashing production levels, jobs, and expenditures in an attempt to keep the company strong during these “extraordinary times”.
Augusta Resource updates Rosemont feasibility
An updated bankable feasibility study on the Rosemont copper-molybdenum project in Pima County, Arizona, has found …
U. S. Department Of Energy Plans Surplus Uranium Sales
The U. S. Department of Energy (DOE) has announced plans to sell its surplus uranium inventory over the next nine years. The sales will total the equivalent of about 59 million lbs. uranium oxide, rea…
Crosshair to merge with Target
One uranium junior lacked cash and the other lacked a worthwhile project, but they both had the same chief executiv…
Alcoa falls on production, job, expenditure cuts
Vancouver – Aluminum giant Alcoa (AA-N) is slashing production levels, jobs, and expenditures in an attempt to keep…
Denison to pay down debt with $41M financing, CFO says
Vancouver – The executive vice president and chief financial officer James Anderson of intermediate uranium p…
Western Canadian cuts coal production
Vancouver – Another miner is cutting back production levels in the face of falling prices, this time a coal produ…
U.S. Department of Energy plans surplus uranium sales
The U.S. Department of Energy (DOE) has announced plans to sell its surplus uranium inventory over the next nine ye…
Strathmore and Yellowcake terminate Juniper Ridge agreement
Strathmore Minerals (STM-V) has terminated its joint venture agreement for the Juniper Ridge uranium property in Wy…
Fronteer expects Long Canyon resource in Q1 ’09
Fronteer Development Group (FRG-T) has released some strong gold grades from recent drilling on its 51%-owned Long …
Franco-Nevada to take 7.29% royalty on Gold Quarry
Franco-Nevada (FNV-T, FNNVF-o) has more than US$500 million in cash and other facilities to pay for new investments…