The expert’s guide to alternative financing
The economic crisis means mining companies will have to get more creative in finding nontraditional routes to finan…
News
BHP suspends Ravensthorpe operations and cuts 6,000 jobs
Vancouver – The world’s biggest mining company has joined the now lengthy list of majors to close operations …
Potash One gets cashed up for ’09
As many juniors deliberate over doing financings amidst the market turmoil, Potash One (KCL-T) president and CEO Pa…
Barrick holds strong in Tanzania
Barrick Gold’s (ABX-T, ABX-N) North Mara mine in Tanzania has had its share of problems.
Chilean copper producer buys controlling stake in Explorator Chile
Vancouver – Explorator Resources (EXO-V) is selling a 51% stake in its Chilean subsidiary, Explorator Chile, to int…
Anvil rises on new mining contracts in DRC
Vancouver – The biggest copper producer in the Democratic Republic of Congo (DRC) has finalized mining contract r…
U308 Corp. reports initial uranium resource in Guyana
Canadian uranium explorer U308 Corp. (UWE-V) believes Guyana’s Roraima Basin may one day play a significant ro…
BacTech buys interest in PNG deposits
BacTech Mining (BM-V) is in the process of buying a 33% interest in two gold deposits in Papua New Guinea from Yama…
Not so much African Copper
African Copper (ACU-T, ACU-L) is closing the doors on its Mowana mine in Botswana.
Centamin to raise at least $60M
Vancouver – The Pharaohs would be envious. Centamin Egypt (CEE-T, CEY-L) is raising $60 million for its 9 mil…
Positive pre-feasibility for Golden Band’s La Ronge
Vancouver – Golden Band Resources (GBN-V) has taken another step towards production with a positive pre-feasib…
GFMS: gold’s long-term fundamentals still strong
Probably the most encouraging news for miners in mid-January came out of GFMS’s newly tabled supply and demand stat…