Avalon upgrades Thor Lake
Avalon Rare Metals (AVL-T) has outlined enough resources to warrant going ahead with a prefeasibility study on…
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Paladin on top of mid-tier uranium producers
Paladin Energy (PDN-T) is building itself into one of the most significant mid-tier uraniu…
Profitability eludes Yukon-Nevada
Vancouver – The ongoing shutdown of its Jerritt Canyon mill in Nevada gouged into Yukon-Nevada’s (YNG-T…
Pre-feasibility for International Enexco’s Contact copper deposit
Despite “drastic changes” in the economy and copper prices, International Enexco’s (IEC-V) president and chief…
Vale, Union, Dig In Their Heels
The head of the United Steelworkers for Ontario and the Atlantic provinces says it could be four or five months before Vale (VALE-N) and the union representing striking workers in Sudbury and Port Col…
Chinese Miner Makes Hostile Bid For Canadian Royalties
China’s appetite for natural resources has turned aggressive with an unsolicited takeover bid for nickel development company Canadian Royalties (CZZ-T, CRYAF-O).
More Kimberlites For Peregrine At Chidliak
Peregrine Diamonds (PGD-T, PGDIF-O) has found four more kimberlite bodies — three of them exposed at surface– on its 9,800-sq.-km Chidliak property on Baffin Island in Nunavut.
Thompson Creek Dusts Off Endako Plans
VANCOUVER — As the price of molybdenum shows ever stronger signs of life, Thompson Creek Metals (TCM-T, TC-N) has emerged from cash conservation mode to put a major moly expansion project back on the…
Mining Sector Heats Up In DRC
The dog days of August haven’t slowed down the pace of mining deals in mineral-rich Democratic Republic of the Congo (DRC).
Iron Ore Contract Settlement Prices Down For BHP Billiton
BHP Billiton (BHP-N, BLT-L) has concluded iron ore price negotiations for the 2009 contract year with a number of its customers. Prices for iron ore fines are about 33% lower than contract prices agre…
Iamgold Boosts Q2 Profits 33%
While Iamgold (IMG-T, IAG-N) is down a mine this year with the closure and sale of its Sleeping Giant mine in Quebec at the end of 2008, production remained relatively steady in its second quarter — …
Noront To Raise $20M In Equity Financing
The “Ring of Fire” multi-metals district in the James Bay lowlands of northern Ontario is getting hotter for shareholders of Noront Resources (NOT-V, NOSOF-O), who have watched their shares surge 287%…