Thanks to additional metallurgical testing and orebody modelling, Zaruma Resources (ZMR-T, ZMRAF-O) has posted a revised reserve figure for its Luz del Cobre copper project, in Sonora state, Mexico.
Russia’s Norilsk Nickel (NILSY-O, MNODL-L) has until May 25 to outbid Xstrata (XSRAF-O, XTA-L) a second time in its attempt to take over LionOre Mining International (LIM-T, LMGGF-O).
Vancouver — Tournigan Gold (TVC-V, TVCZF-O) got a major market boost after tabling a new resource that almost triples the previous contained uranium estimate on its Kuriskova uranium project in easte…
COMMENTARY/ONTARIO MINING ASSOCIATION
With U.S. aluminum giant Alcoa launching a hostile takeover bid for Alcan, Canada’s largest mining company, on May 7, it wasn’t hard coming up with the top mining story of the week ended May 12, the 1…
Acero-Martin Exploration — Patrick McAndless, Barry Smee and Malcolm Swallow appointed to advisory board.
Higher operating costs left Denison Mines (DML-T, DNN-X) with a loss in the first quarter of 2007, despite high uranium prices.
Crushing and re-leaching material on old pads at the Lluvia de Oro gold deposit in Sonora state, Mexico, could start in mid-May, with a gold pour possible by October.
Although recent drilling at San Anton Resources’ (SNN-T, SNTRF-O) first regional target on its silver-gold property in Guanajuato state, Mexico, did not reach the Carmen vein system as planned, the co…
An 8,400-metre drilling program at the Shebandowan mine, west of Thunder Bay, Ont., has defined three zones of mineralization west of the former nickel producer.
Teck Cominco (TCK.B-T, TCK-N) president and CEO Donald Lindsay, one of the most recognizable faces in Canadian mining, will be the feature speaker at the next luncheon meeting of the Vancouver branch …
Vancouver — While it admitted earnings were lower than expected, Lundin Mining (LUN-T, LMC-X) still turned in a net profit of US$53.7 million or 19 per share in this year’s first quarter — more tha…
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