Good grades can’t lift Hana
The latest results from Hana Mining’s (HMG-V) Ghanzi copper and silver project in Botswana returned high grades, bu…
News
U. S. Markets – Feb. 24 -Mar. 2
U. S. markets were down during the Feb. 24-Mar. 2 trading period. The catalyst for the sell-off was a staggering quarterly loss of US$62 billion, the highest in corporate history, at troubled insurer …
Toronto Stock Exchange – Feb. 24 -Mar. 2
There was a mixture of good and bad news over the Feb. 24-March 2 trading period, making for a 40-point gain on the S&P/TSX composite index to 7,687.51 points. Profits from Canada’s banking sector…
TSX Venture Exchange – Feb. 24 -Mar. 2
The Feb. 24-Mar. 2 reporting period on the S&P/TSX Venture composite index began and ended poorly. The first and last days of the period saw the heaviest losses, 25.35 and 33.42 points, respective…
U. S. Stimulus Package To Fund Mine Reclamation
U. S. President Barack Obama’s nearly US$800-billion stimulus package includes US$125 million earmarked for the remediation of abandoned mines, according to the Northwest Mining Association.
Lundin Loss Nears US$1B In 2008
VANCOUVER — Lundin Mining (LUN-T, LMC-N) lost almost US$1 billion in 2008 and now carries US$267 million in debt following the failure of a planned merger with HudBay Minerals (HBM-T, HBMFF-O), but t…
Richmont Sees Healthy Q4
While other junior miners continue to be undercut by economic uncertainty, Richmont Mines’ (RIC-T, RIC-X) fourth-quarter results show a company being rewarded for its shrewd moves.
Sherritt Plots Return To Low-Cost Glory Days
Sherritt International (S-T, SHERF-O) wants to get back to where it started — or at least where it was eight years ago.
Breakwater Struggles To Stay Afloat
Breakwater Resources (BWR-T, BWLRF-O) posted a net loss of $88.3 million or 20¢ per share in 2008 compared with net earnings of $23.4 million or 6¢ per share in 2007.
Kinross Takes Writedown, Boosts Gold Production
Score it another writedown for the big boys.
SRM And Palmiere Go Head To Head
The week leading up to the Prospectors and Developers Association of Canada, the eighth trading week of the year, continued to see fallout from HudBay Minerals’ failed takeover of Lundin Mining,
NovaGold, HudBay Headline PDAC Award Winners
The Prospectors and Developers Association of Canada presented seven awards at a ceremony at the Fairmont Royal York Hotel during the association’s 77th annual convention in Toronto.