News


U. S. MARKETS JULY 29-AUG. 4

The main U. S. stock indices were up during the July 29-Aug. 4 trading session, buoyed by a falling oil price. The Dow Jones Industrial Average rose 153 points, or 1.4%, to 11,284; the Standard and Po…


Delayed startup for Equinox

VANCOUVER–It’s been an up-and-down past few months for Equinox Minerals (EQN-T, EQMIF-O) as it tries to get its Lumwana copper, in Zambia, project into production.





Rio Tinto Alcan starts $200M community fund

Rio Tinto Alcan has started the $200-million Canada fund, aimed at giving back to communities in Quebec and British Columbia, where the company has operations. The subsidiary of mining juggernaut Rio …


Oromin tallies Sabodala resource

Oromin Explorations (OLE-V, OLEPF-O) has reported an initial inferred resource estimate totalling 1.4 million oz. gold at its Sabodala project in eastern Senagal.


More zinc for Lundin

Lundin Mining (LUN-T, LMC-N) has hit upon a new zinc-copper discovery at its Neves-Corvo mine, in southern Portugal, that could well be the largest deposit at the project, the company says.


Atacama to raise $80M

VANCOUVER– Atacama Minerals (AAM-V, ATAAF-O), a major iodine producer in Chile, has announced an $80-million brokered private placement on a best-efforts basis to raise money for its move into fertil…


Thumbs up for Silver Eagle’s Miguel Auza mine

The fully permitted Miguel Auza mine, which generated its first revenue for Silver Eagle Mines (SEG-T, SVEGF-O) during a bulk-sampling program last year, shows promising economics according to a prefe…


Tough quarter for HudBay

Lower zinc prices took their toll on HudBay Minerals’ (HBM-T, HBMFF-O) second-quarter earnings.


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