Lobo-Marte Boosts Kinross’s Gold Reserves
Kinross Gold (K-T, KGC-N) has announced its first reserve at the Lobo-Marte gold project in northern Chile. The project has a proven and probable reserve of 141 million tonnes grading 1.22 grams gold …
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Fortuna Silver Hits High Grade At Caylloma, Raises $30 M To Build San Jose In Mexico
VANCOUVER — With the discovery of a high-grade, gold-silver segment of the main vein at the Caylloma mine, receipt of the final permits for development of the San Jose mine, and $50 million in new fu…
Potash Corp.’S Financial Results ‘Below Potential’
Potash Corp. of Saskatchewan’s (POT-T, POT-N) sales volumes of potash last year were the lowest since it became a publicly-traded company in 1989.
NA Palladium Searches For Gold Around Sleeping Giant
Now that North American Palladium (PDL-T, PAL-X) has reached commercial production at the Sleeping Giant gold mine and mill 80 km north of Amos, Que., the company is gearing up to spend $6.2 million o…
CAW Asks Gov’t To Keep Kidd Open
The Canadian Auto Workers union has called on both the Ontario and the federal governments to investigate Xstrata’s (XTA-L, XSRAF-O) decision to close the Kidd metallurgical site in Timmins, Ont., thi…
Imperial’s Red Chris Gets Supreme Court Exemption
VANCOUVER — In a decision more than three years in the making, the Supreme Court of Canada ruled the ministries working under the Canadian Environmental Assessment Agency (CEAA) were wrong to reduce …
Xstrata and Erdene announce Cape Breton coal mine plans
Vancouver – Underground coal mining is making a comeback in Nova Scotia. After several years of development, X…
Volcan returns long gold intercepts for Andina
Vancouver – An infill drill program the Volcan gold project in Chile is returning long mineralized intercept…
Capital Gold and Nayarit to merge
Vancouver – Capital Gold (CGC-T) and Nayarit Gold (NYG-T) have agreed on an all-share merger deal to create a …
Work pays off for Rockwell Diamonds
Vancouver – After a rocky 2009 marred by a hostile takeover bid and extreme cuts in diamond demand that slas…
Teck to pay fixed rate for coal port shipments
Teck Resources (TCK.A-T, TCK.B-T, TCK-N) has come to an agreement with Westshore Terminals to ship coal from s…
Centamin reports on historic quarter
It was a historic quarter for Centamin Egypt (CEE-T, CEY-L) as it marked the first gold production from its ma…