News


Geologix grows San Agustin

Vancouver–A new resource estimate for the San Agustin polymetallic property in Durango, Mexico, has doubled the project’s indicated resource and added 74% to its inferred count for owner Geologix Exp…


Freeport axes moly jobs and production

Vancouver — With the molybdenum price crashing, Freeport-Mc- MoRan Copper & Gold (FCX-n), the world’s largest moly producer, is slashing more than a hundred moly-related jobs, cutting production …


Trenches line the hillside at the Structure area of Sinchao Metals' namesake copper-gold-silver project, in Peru.

Sinchao boasts hefty initial resource

Vancouver — After two years of drilling, Sinchao Metals (SMZ-v) has delineated a sizable initial resource at its namesake copper-gold- silver project in Peru.


Golden Band Resources chairman Ron Netolitzky (left) and president and CEO Rodney Orr examine drill core from the company's Bingo gold deposit in north-central Saskatchewan.

Golden Band grows Bingo resource

Vancouver–The high-grade gold resource in Golden Band Resources’ (GBN-V, GBRIF-o) Bingo deposit is small but growing steadily.


Sherwood Copper's open-pit Minto copper mine, in the Yukon. Silverstone Resources recently secured life-of-mine silver and gold production from Minto for US$37.5 million, plus US$300 per oz. gold and US$3.90 per oz. silver on production up to 50,000 oz. gold.

Silverstone makes move into gold

Vancouver — Silverstone Resources (SST-V, SVRCF-o) has secured life-of-mine silver and gold production from Sherwood Copper’s (SWC-V, SWOPF-o) Minto copper mine in the Yukon.


Capex spending spree waning

Sales of operating equipment could be cut in half over the next two years as mining companies concentrate on capital preservation, working capital and share buybacks, according to a new report from Ci…



Editorial: Teck teeters, Apex falls

Falling commodity prices took deep bites out of another group of zinc miners during the week ended Nov. 15, the 46th trading week of 2008.


HudBay and Lundin to merge

Vancouver – In a move that took investors and analysts by surprise, HudBay Minerals (HBM-T) and Lundin Mining (LUN-…


$60M Red Back bought deal

Vancouver – Within three hours of announcing a $40 million bought deal Red Back Mining (RBI-T) went back to t…



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