Riverside, Hochschild forge alliance
VANCOUVER — Vancouver-based project-generator Riverside Resources (RRI-V) is adding to its partnerships in Mexico with a $2.5-million alliance with London-based precious-metal producer Hochschild Mining (HOC-L).
News
UEX, Areva boost resources at Shea Creek
UEX (UEX-T) has bumped up resources at its 49%-held Shea Creek uranium project in the Athabasca basin of northern Saskatchewan. The project boasts the largest undeveloped uranium resource in the much-coveted basin, and third largest…
Hudbay builds on its Manitoba legacy
VANCOUVER — Canadian base metal producer Hudbay Minerals (HBM-T, HBM-N) laid a foundation for success on the Flin Flon greenstone belt in northern Manitoba roughly 85 years ago. During that time the company has developed 26 mines in the…
Rio Alto squeezes more out of La Arena
On the back of its La Arena gold operation in Peru, Rio Alto Mining’s (RIO-T, RIO-N) is becoming a miner to be reckoned with.
Metals, mining and money markets
Spot prices
NexGen set to make its mark in the Athabasca
With resource stocks tumbling into bear territory, the landscape for commodity investing is changing.
Homestake tallies resource, passes project to Agnico
VANCOUVER — Homestake Resource (HSR-V) is turning the page on nine years of exploration at its Homestake Ridge gold-silver property on the Iskut-Stewart-Kitsault belt, 32 km northwest of Alice Arm, B.C. A final resource update on April 25…
Agnico-Eagle stoic as gold price tumbles
This year’s first quarter brought challenges beyond a falling gold price for Agnico-Eagle Mines (AEM-T, AEM-N), but it’s nothing that a company with a 55-year history can’t weather.
Transition Metals to acquire HTX Minerals
Geologist Scott McLean and geophysicist Keven Stevens set-up privately held HTX Minerals in late 2007 and started raising capital for the start-up exploration company in January 2008.
Aldridge de-risks Yenipazar in Turkey
A nation at the crossroads of Europe and Asia measuring about 800 by 1,600 km is punching above its weight as an emerging mining jurisdiction, with operating mines owned by Inmet Mining (IMN-T), Eldorado Gold (ELD-T, EGO-N) and Alacer Gold…
Capstone buys BHP’s Pinto Valley
VANCOUVER — Most of the world’s mining majors are selling non-core assets so that they can optimize key operations, shore up earnings and cut back capital outlays. The shift follows a few years of overspending spurred by commodity…
Falco finds gold in Horne’s old data
Falco Pacific Resource Group (FPC-V) secured the jewel of Canada’s mining history just as markets tightened. But rather than let the conditions get it down, the company wound up proving that necessity is indeed the mother of invention…