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Alcoa – Michael Pepper appointed president of Alcoa Power and Propulsion business unit.
Suppliers news
Major Drilling buys Bradley Group
Odds ‘n’ sods: Always watch out!
During the 1970s I worked at the Geco copper mine in Manitouwadge, Ont. With 650 employees, it was about half the size of a big diamond mine in Canada today.
U-Sea Colonsay sets sail
The second of nine new vessels to be operated by Canpotex through a joint venture with Copenhagen-based U-Sea Bulk has been delivered, and is expected to arrive at the Neptune Terminals facility in Vancouver’s North Shore on Nov. 7 to load…
Editorial: Goldex cookie crumbles
If anything underscores the inherent risk of mining, it was the past week for Agnico-Eagle Mines.
Hard Creek cuts capex by $1.6B at Turnagain
Metallurgical advancements have led Hard Creek Nickel (HNC-T) to release a new preliminary economic assessment (PEA) for its flagship Turnagain low-grade nickel project in northwestern B.C.
Rio Tinto outbids Cameco for Hathor
Rio Tinto (RIO-N, RIO-L, RIO-A) has swooped in with an all-cash, $578-million bid for uranium explorer Hathor Exploration (HAT-T) and its world-class Roughrider uranium project in Saskatchewan’s Athabasca Basin.
Boss Power wins $30M settlement from BC gov’t
Boss Power (BPU-V) has made $30 million from a uranium prospect without drilling a single hole.
Agnico closes, writes off Goldex
In a significant blow to its bottom line, Agnico-Eagle Mines (AEM-T, AEM-N) has been forced to indefinitely shut down and write off its Goldex underground gold mine in Val-d’Or, Que., because of the mine’s physical instability.
Meadow Bay bringing back Atlanta gold mine in Nevada
The low gold prices of the mid-1980s forced the Atlanta gold mine in southeasten Nevada to close down. But remnants of the old mine still remain.
Roxgold to raise another $11 million for Burkina Faso gold projects
Vancouver – One of 2011’s few success stories, Roxgold (ROG-V) has seen its share price rise from a low of 19.5¢ in February to a high of $1.55 in mid-October on the back of spectacular high-grade gold hits from its flagship Yaramoko gold…