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Boardroom battle brewing at U308 Corp

Aberdeen International (AAB-T, AABVF-O) wants to replace board members of U308 Corp. (UWE-V, UTREF-O) with its own slate of directors because it is “disappointed” with the company’s management and bel…


Inco's spectacular failure: the Exmibal 11,000-tonne-nickel-per-year matte smelting plant on the northwestern shore of Lake Izabal, as it appeared in 2003. Built at a cost of US$220 million, the oil-powered plant was shuttered in 1980 after only a few years of operation due to high oil prices and low nickel prices.

HudBay diversifies into nickel with Skye merger

HudBayMinerals (HBM-T, HBMFF-O) and aspiring nickel producer Skye Resources (SKR-T, SKRZF-O) are combining forces, expanding Hud- Bay’s zinc and copper portfolio into nickel. Skye’s flagship asset is …


Playing in the right sandbox

SITE VISIT ELKO, NEV. — It was a dark day for Fronteer Development Group (FRG-T, FRG-X) on April 9, when the Nunatsiavut government of Labrador voted 8-7 in favour of…


U. S. MARKETS JUNE 17-23

U. S. markets were weighed down by the high oil price during the June 17-23 trading session. The Dow Jones industrial Average fell 427 points, or 3.5%, to 11,842; the S&P 500 Index lost 42 points,…



Rusoro: Venezuela’s odd man in

VANCOUVER — Rusoro Mining (RML-V, RMLFF-O) is the exception that proves the rule: While most mineral exploration in Venezuela has ground to a halt, Rusoro just arranged a US$80-million exchangeable l…



Formation Capital closes in on Idaho Cobalt

VANCOUVER — After eight years of red tape and US$14 million spent on permitting, Formation Capital (FCO-T, FCACF-O) is finally getting a green light for a high-purity cobalt mine 42 km west of Salmon…



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