Rio Tinto invests US$235 million in Canada
Rio Tinto (RIO-N, RIO-L) stands to be one of the biggest losers if Australia passes a proposed 40% tax on wind…
News
Semafo cuts Samira Hill costs by $70 per oz.
Semafo (SMF-T) expects mining costs at its Samira Hill gold mine in Niger to be 30% cheaper after a $19-millio…
Stratabound drills zinc and silver in New Brunswick
Vancouver – Stratabound Minerals (SB-V) continues to pull good-grade, near-surface zinc and silver intercepts …
Net income jumps 59% in Q1 for Alamos Gold
Higher gold prices and lower cash costs catapulted profit in the first quarter by 59% for Alamos Gold (AGI-T)….
Scorpio drills at Nuestra Senora
Scorpio Mining (SPM-T) is off to a good start with its 20,000 metre drill program at the Nuestra Senora mine 1…
NMC Resource starts producing moly in South Korea
Molybdenum prices are trading at US$17.10 per lb. and NMC Resource (NRC-V), which owns 100% of a producing mol…
Lihir agrees to improved Newcrest offer (May 05, 2010)
Papua New Guinea-focused Lihir Gold (LGG-T, LGL-A, LIHR-Q) has agreed to be acquired by Newcrest Mining (NCM-A…
Positive preliminary assessment for Magellan’s Coringa
A preliminary economic assessment of Magellan Minerals’ (MNM-V) Coringa gold project in Brazil’s Amazon Basin,…
Barker Minerals searches for BC diamonds (May 05, 2010)
Vancouver – Everyone thought Chuck Fipke and Stu Blusson were crazy when Canada’s diamond pioneers tried to co…
HudBay Minerals releases first quarter results
Improved metal prices and solid performances put in by HudBay Minerals ‘ (HBM-T) operating assets in nor…
Red Back Mining gets boost from Kinross Gold
Kinross Gold (K-T, KGC-N) is investing $600 million for a 9.4% stake in Red Back Mining (RBI-T) through a priv…
Sabina discovers new gold zone at Back River (May 04, 2010)
Vancouver – Llama Lake started 2010 as a low-priority exploration target for Sabina Gold and Silver (SBB-T) bu…