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.
News
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…
Cost of capital scorching juniors: Cormark report
For investors wondering why their favourite junior mining stocks have plummeted so far below the value they may hold in the ground, a new report from Cormark Securities sheds some light.
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…
Katanga pulls the brakes on cobalt production
Katanga Mining (KAT-T) blames falling cobalt prices for its decision to stop producing the metal at one of its proj…
Kalahari scraps Extract merger on Rio Tinto concerns
Kalahari Minerals (KAH-L) has called off a merger with Extract Resources (EXT-T, EXT-A) over fears that Rio Tinto (…
Apogee shuts La Solucion mine in Bolivia
Declining metal prices and lower grades combined with higher smelting costs and taxes have forced Apogee Minerals (…
Teck slashes dividend and costs, sells assets to pay Fording debt
Vancouver – The harsh reality of Teck Cominco‘s (TCK.B-T, TCK-N) debt burden just became abundantly clear: the major has canceled its annual dividend, slashed spending dramatically, and walked away from…
MAG drills high-grade silver at Juanicipio
Vancouver – The Valdecanas vein on the Juanicipio property in the state of Zacatecas, Mexico, continues to return h…