US Minerals Sector Declines In 2009: USGS
The United States is increasingly turning to foreign sources for minerals, according to a new report by the United States Geological Survey.
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Canadians’ Coal Ambivalence
The sixth trading week of the year saw coal development being handled in two different ways on Canada’s West and East coasts.
Silver Wheaton, Augusta Ink ‘New’ Deal For Rosemont
VANCOUVER– Augusta Resource (AZC-T) has secured major support for its Rosemont copper project in Arizona with a renegotiated deal to sell future silver and gold streams from the development-ready dep…
Potash Show Signs Of Recovery
VANCOUVER — Potash prices are a far cry from the heights reached in 2008, but signs of recovery continue to emerge. Producers are reporting solid increases in demand during the last quarter of 2009, …
Nayarit, Capital Gold To Merge
VANCOUVER — Capital Gold (CGC-T) and Nayarit Gold (NYG-V) have agreed to an all-share merger that will create a Mexico-focused company with one producing gold asset and another that is making its way…
BC Bans Exploration And Mining In Flathead Valley
VANCOUVER — The British Columbia government has declared it will ban all mining, oil and gas development, and coalbed gas extraction in the Flathead Valley, a 1,600-sq.-km area in the province’s sout…
New Management Revives Zeox
Zeox Corp.’ s (ZOX-V, ZOXCF-O) new CEO Garold Spindler and new CFO Michael Shea had been eyeing the company for quite some time before they took over last August. Zeox had both confused and intrigued …
Cigar Lake Underground Could Be Secure By October
It’s finally safe for Cameco (CCO-T, CCJ-N) crews to go back underground at Cigar Lake, a troubled uranium development project in Saskatchewan’s Athabasca basin, 660 km north of Saskatoon, that has be…
Permit issue dogs Red Dog but otherwise Teck is flying
Vancouver – Red Dog, the world’s largest zinc mine, has been operating for more than 20 years. Now its ability…
Supreme Court makes final ruling on Giant Mine
Vancouver – The final chapter in the bitter Giant Mine labour dispute has come to a close. The Supreme Court o…
Anglo Aluminum looks to sell Guinea bauxite projects
Although Anglo Aluminum (ALU-V) is looking for a buyer for its sizeable Guinean bauxite project, the company i…
UEX Corp. completes preliminary feasibility study on West Bear deposit
A preliminary feasibility study has upgraded UEX Corp.’s (UEX-T) previously released resource estimate for its…