$96 million writedown strikes Quadra
Vancouver – Painful pricing adjustments and a hefty writedown have claimed another victim in Quadra Mining (QUA-T…
News
Excellon to buy Silver Eagle Mines
Excellon Resources (EXN-T) is putting plans to build a mill at its Platosa silver-lead-zinc mine in Durango state, …
Japanese state-owned company to finance Platinum Group Metals
The global economic rout is sending more and more mining companies on a hunt for long-term mining investments from …
Jaguar Mining closes C$86 million offering
Jaguar Mining (JAG-T) has raised C$86 million through an offering of 13.9 million shares at C$6.20 per share to fun…
Despite resource estimate dud MAG on offensive over Fresnillo bid
Vancouver – The CEO of MAG Silver (MAG-T, MVG-X) Dan MacInnis still contends that a significantly slimmed-down reso…
More moly at Storie for Columbia Yukon
Vancouver – The Storie molybdenum deposit in northern British Columbia keeps growing for owner Columbia Yukon Explo…
West Africans ask miners for more training, better transparency
Mines ministers from West Africa say foreign mining companies need to become more transparent, help more with infra…
Vale Inco, Alcoa and U.S. Steel cutting back
Responding to the ongoing slowdown in the nickel market, Vale Inco, the nickel division of Vale (RIO-N), has anno…
New Gold to merge with Western Goldfields
New Gold (NGD-T) and Western Goldfields (WGI-T) are joining forces to create a diversified gold production base fro…
Minco goes to court over Sunshine mine, unpaid debt
SNS Silver (SNS-V) and Minco Silver (MSV-T) are both claiming rights to the recently-abandoned Sunshine mine near K…
Trevali arranging US$20M loan for Peruvian hydro project
Vancouver – Banco Internacional del Peru (Interbank) and law firm Estudio Eschecopar are helping Trevali Resources …
US Gold reports strong results from El Gallo, Mexico
Rob McEwen, the man who founded Goldcorp (G-T, GG-N) and discovered one of the world’s richest gold mines at Red La…