Polaris lines up $25M financing
Vancouver – Quarry operator Polaris Minerals (PLS-T) will eliminate a $20 million bridge loan and add about $…
News
MagIndustries advances Kouilou potash project
Using a treasury with a consolidated working capital of about $105 million, MagIndustries (MAA-V) continues to adva…
Strateco leads the uranium pack in Quebec (Part II)
Strateco Resources (RSC-T) has passed the first test for bringing its Matoush uranium project into produc…
Silver Eagle gets approval to shut Miguel Auza mine
The Mexican government has given its stamp of approval to an agreement Silver Eagle Mines (SEG-T) has reached with …
Teck to close Pend Oreille zinc mine
Vancouver – As part of its efforts to wrestle down nearly US$10 billion of debt, Teck (TCK. B-T, TCK-N) will …
Strateco leads the uranium pack in Quebec (part I)
CHIBOUGAMAU, QUE. — The Matoush uranium deposit is like nothing anyone’s ever seen before.
Katanga in distress
Speculation over the poor state of Katanga Mining’s (KAT-T) finances is over.
Rusoro Mining goes after Gold Reserve
Rusoro Mining (RML-V, RMLFF-o) says an unsolicited take-over bid for Gold Reserve (GRZ-T, GRZ-x) offers a “co…
Taseko grows Gibraltar reserves
Vancouver – On the heels of a second expansion at the Gibraltar copper-molybdenum mine in central British Columbia,…
HudBay-Lundin Merger Draws Fire
Vancouver — What was supposed to be a friendly merger between HudBay Minerals (HBM-T, HBMFF-O) and Lundin Mining (LUN-T, LMC-N) is turning into a nasty battle, as groups of HudBay shareholders demand…
Correction (December 15, 2008)
In the T. N. M. Nugget attached to the story “Uranium price will rebound,” in our Outlook 2009 section (Dec. 8-14/08), we inaccurately stated that reactor consumption of uranium in 2006 was 27,000 ton…
U. S. MARKETS – DECEMBER 2-8
U. S. markets were up sharply during the Dec. 2-8 trading session. The Dow Jones Industrial Average gained 785 points, or 9.6%, to 8,934; the S&P 500 index rose 93 points, or 11.4%, to 910; and th…