United States

HudBay’s Balmat zinc operation goes bust

VANCOUVER–Less than two years after ramping the Balmat mine back up to full production, HudBay Minerals (HBM-T, HBMFF-O) is closing the New York state zinc mine and concentrator.




Vedanta investing US$8.8B in base metal expansion

Having received the go-ahead from India’s Supreme Court, Vedanta Resources (VED-L), an India-focused resource giant, is proceeding with a bauxite project in Lanjigarh, in the state of Orissa. An alumi…


SRA fights to keep its head above water

Third quarter results from Strategic Resource Acquisition (SRA) (SRZ-T) haven’t reversed the company’s dire fortunes; they’ve only made them worse.


Nevoro buys some Moonlight

Nevoro (NVR-T) has finalized the acquisition of Sheffield Resources after Sheffield shareholders voted to approve the takeover. Nevoro is paying 0.8 of a Nevoro share for each of the approximately 37….


Drilling at Cortez Hills in Nevada.

Barrick’s Q2 strong despite rising costs

Despite a 91% jump in oil prices, which averaged US$124 per barrel in the second quarter compared with US$65 per barrel in the same quarter a year ago, Barrick Gold’s (ABX-T, ABX-N) second-quarter rev…




Gateway and Victoria to merge

Vancouver – Victoria Gold (VIT-V) will acquire all of the outstanding shares of Gateway Gold (GTQ-T) in a friendly …


More gold for Aquila

Aquila Resources (AQA-T) got a slight lift from drills testing a porphyry deposit at its Back Forty project in Mich…



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