PolyMet Draws On Debt To Feed NorthMet
When credit markets are tight, it’s good to have supporters with deep pockets.
News
Chile Aiding Smaller Copper Miners
VANCOUVER — The Chilean government’s national mining company responsible for assisting small and medium-sized copper producers, ENAMI, will likely pay US$1.99 per lb. copper to those producers until …
Monument Loses $10M Credit Line
VANCOUVER — Two lenders have backed out of a $10-million credit facility earlier promised to Monument Mining (MMY-V, MMTMF-O). But despite the loss of funds, the company says construction of its Seli…
People (January 19, 2009)
American Creek Resources — Seamus Young has retired as a director.
North American Tungsten Bets On Unleaded Future
VANCOUVER — North American Tungsten (NTC-T, NATUF-O) is transforming itself. No longer is it just a tungsten mining company responsible for making about 4% of the world’s tungsten concentrates. It is…
Editorial: Mining Sector Layoffs Pick Up Steam
Quite a few miners across Canada and beyond rang in the new year with layoff notices, as the autumn commodities bust worked its way into the employment scene.
First Majestic Drilling Grows La Encantada Reserves By 187%
VANCOUVER — A 6,700-metre drill program at the La Encantada mine in the northeastern Mexican state of Coahuila has paid off for First Majestic Silver (FR-T, FRMSF-O).
Minera Andes to double San Jose gold production
Minera Andes (MAI-T) expects to double production at the San Jose mine in Santa Cruz province, Argentina, to 95,000…
Houston Lake keeps on growing the West Cedartree
Houston Lake Mining (HLM-V) has taken another step towards realizing its ambition of creating a mine out of high gr…
Chromite intercepts abound in James Bay Lowlands
Vancouver – It may have been copper and nickel rich massive sulphides that catalyzed the recent exploration rush in…
Santa Elena grows for SilverCrest
Vancouver – SilverCrest Mines (SVL-V) has increased the gold and silver resources at its Santa Elena project in Son…
Augusta Resource updates Rosemont feasibility
An updated bankable feasibility study on the Rosemont copper-molybdenum project in Pima County, Arizona, has found …