Rio Tinto Woos Chinese
The week ended Jan. 31, the fourth trading week of 2009, was rife with speculation over Rio Tinto’s future, and just what the debt-crippled giant might hand over to its deep-pocketed 9% shareholder, s…
United States
Pacific North West buys past-producing Nixon Fork gold mine
While many resource companies are experiencing considerable pain in a bear market precipitated by worldwide recessi…
Record year for US mine penalties
Vancouver – Fines for safety violations at American mines soared to an all-time high in 2008. Over the past three y…
Victoria Gold gets busy in Nevada
Nevada-focused Victoria Gold (VIT-V, VITFF-O) plans to focus on five core projects this year, be it drilling, engin…
Atna primed to pour gold again at Briggs
Vancouver – It sat idle for five years but now Atna Resources (ATN-T) has breathed new life into the Briggs gold mi…
Domestic beryllium supply a critical issue for Pentagon
The United States Department of Defense and a special Pentagon board have published a report calling high-purity …
Hecla restructures debt; raises US$65.6 million in public offering
Hecla Mining (HL-n) is juggling debt and issuing shares to help repay a loan it took to buy out its majority partne…
Mesquite gold mine back in the saddle
Western Goldfields (WGI-T, WGW-X) has just marked one year of production at the past-producing Mesquite g…
Romarco: 128K oz. gold per year in Haile feasibility
Vancouver – As promised last fall Romarco Minerals (R-V, RTRAF-O) has bumped up the scale of a planned gold mine at…
Augusta Updates Rosemont Feasibility
An updated bankable feasibility study on the Rosemont copper-molybdenum project in Pima Cty., Ariz., has found that the proposed mine would have an after-tax net present value of 5%, or US$1.28 billio…
Western Lithium Hopes To Ride The ‘Tidal Wave’
Toyota’s announcement at the North American International Auto Show in Detroit earlier this month that its new plug-in hybrid will be powered by lithium ion batteries was hailed as a triumph for compa…
District judge rules for Barrick in Cortez Hills case
A U.S. judge has ruled against a preliminary injunction that would have halted construction at Barrick Gold’s (ABX-…