BC mining industry stays healthy in 2007
VANCOUVER–British Columbia’s mining industry produced strong financial results in 2007, driven as elsewhere by base metal prices and global demand, though net earnings were down compared with the rec…
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Golden Goose raises Lac Levac resource (May 26, 2008)
Golden Goose Resources (GGRV, GGOSF-O) has released an updated resource for its Lac Levac copper-nickel-cobalt-platinum group elements project near Nemiscau, in the James Bay area of northern Quebec.
Chariot sorts out delays to Mina Justa feasibility
Investors awaiting the completion of Chariot Resources’ (CHD-T, CHDSF-O) feasibility study for the Mina Justa copper deposit at its Marcona project, in Peru, will have to wait a little bit longer.
Editor’s Picks: Top Stories of Week 20
The week ended May 17, the twentieth trading week of 2008, was punctuated by a massive earthquake in China’s Sichuan province that killed at least 40,000 people, left millions homeless and damaged muc…
La Mancha sees rise in production, costs
While gold production is on the rise for La Mancha Resources (LMA-T, LACHF-O), so, too, are its costs, and its recent first-quarter results were unable to generate positive momentum on the market.
Cline moves toward production at New Elk coal mine
With a coal preparation plant, silos and mining equipment now in its hands, Cline Mining (CMKT, CLNMF-O) is one step closer to bringing the New Elk mine in Colorado back into production.
BHP takes out JV potash partner
VANCOUVER — BHP Billiton (BHP-N, BLT-L) is moving decisively into the potash business by acquiring its joint-venture partner Anglo Potash (AGP-V, AGPOF-O) in an all-cash deal worth $284 million.
Great Panther cuts deep high-grade at Guanajuato
VANCOUVER –A few weeks before a ceremony to celebrate the reopening of the Guanajuato mine in central Mexico, Great Panther Resources (GPR-T, GPRLF-O) released another set of high-grade drill results…
Verkhotina diamond deposit poses challenges for Archangel
Shortly after winning a decade-long legal dispute over ownership of the Verkhotina diamond exploration project in northwestern Russia, Archangel Diamond (AAD-V, ADMOF-O) has filed a technical report d…
Wealth Minerals reports progress in Argentina
Wealth Minerals (WML-V, WMLLF-O) has reported drilling results from one project in Argentina, and rock sampling results from another.
The supercycle: Sprott weighs in
Last week, proponents of the commoditysupercycle shared their views. This week, we’ll hear from a supercycle believer, Eric Sprott, and a skeptic, Jeffrey Christian.
Global zinc supply uncertain after earthquake in China
The fate of zinc mining operations in China remains unknown after a massive earthquake devastated much of Sichuan province on May 12, leaving more than 40,000 people dead.