Barrick posts strong results despite inflationary pressures
Despite a 91% jump in oil prices, which averaged US$124 per barrel in the second quarter compared with US$65 per ba…
United States
Newmont keeps tight grip on costs; strong second-quarter results
Despite industry-wide challenges of escalating operating and capital costs, Newmont Mining Corp. (NEM-N) says its s…
Cleveland-Cliffs bids for coal miner Alpha Natural
If the takeover by Cleveland- Cliffs (CLF-N) of Alpha Natural Resources (ANR-N) goes ahead, the new entity will own nine iron-ore facilities and more than 60 coal mines across North America, South Ame…
Franconia updates Birch Lake resource
VANCOUVER– Franconia Minerals (FRA-T, FRALF-O) has doubled its resource estimate for the Main zone at its Birch Lake copper-nickel- platinum group metals deposit, about 11 km northeast of Babbitt, in…
Midasco sings Utah’s praises
VANCOUVER — It’s a good time to have acquired uranium past-producers, but it’s been tough selling them to the market.
Editorial: Miners need to be wary of McGuinty
The week ended July 19, the 29th trading week of 2008, kicked off with a surprise announcement by the Ontario government that it would “protect” at least 225,000 sq. km, or roughly half of the provinc…
Potash, uranium, key themes at RBC conference;RBC conference
Commodity prices will remain strong for several years to come due to robust demand outside the United States and persistent supply constraints, according to presentations at the recent RBC Global Mini…
Full Metal’s Little White Man gets bigger (July 28, 2008)
VANCOUVER — The first drill results from Full Metal Minerals’ (FMM-V, FLMTF-O) 2008 program have expanded the size of a zinc-lead- copper-silver mineralized area at its Little White Man (LWM) prospec…
SRA plans pilot germanium-gallium plant
Processing germanium and gallium from zinc leachate could earn Strategic Resources Acquisition Corp. (SRA) (SRZ-T) …
Cleveland-Cliffs to merge with Alpha Natural Resources
After Cleveland-Cliffs (CLF-N) and Alpha Natural Resources (ANR-N) wrap up their merger, the new entity will own ni…
Nevada Geothermal Power borrowing US$145M for generating plant
Nevada Geothermal Power (NGP-V, NGLPF-O) is planning to borrow US$145 million from a banking syndicate led by Morgan Stanley (MS-N) and Glitnir Capital to build a geothermal power plant at Blue Mounta…
Editorial: Good news for US miners in Ninth Circuit
During the week ended July 12, the 28th trading week of 2008, miners active in the western U. S. soaked in a rare bit of good news from the U. S. court system.