Inmet Ups Las Cruces Financing To $348M
Inmet Mining (IMN-T, IEMMF-O) plans to increase a US$300-million bought-deal financing to $348 million so it can pay off all debts related to building its Las Cruces open-pit copper mine in Spain.
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Silver Standard Ramping Up Pirquitas
VANCOUVER — Stalwart junior explorer Silver Standard Resources (SSO-T, SSRI-Q), a force in mineral exploration for over two decades, is set to become a significant silver producer as it ramps up prod…
Emba Derho Scoping Study Lifts Sunridge
VANCOUVER — As Sunridge Gold (SGC-V, SGCNF-O) announces a positive scoping study for its Emba Derho copper-zinc project near Asmara, the capital of Eritrea, the company’s executive vice-president Don…
Great Basin Advances Hollister And Burnstone
VANCOUVER– Trial mining and underground drilling at Great Basin Gold’s (GBG-T, GBG-X) Hollister project in Nevada have increased the gold resource there while the company works to finalize a US$129-m…
Banro looks to move on to mining
Red Back Mining’s (RBI-T) move to acquire Moto Goldmines (MGL-T) and its gold rich Moto project in the eastern Demo…
Polar Star aims to get ‘bigger bang for our buck’
Polar Star Mining (PSR-V) has let the option expire for the Chepica copper-gold mine, which was one point of c…
Vale cuts iron pellet price for Nucor
Vale (RIO-N) is cutting the price of the iron pellets it sells this fiscal year to Nu-Iron, a subsidiary of U.S. st…
Sabina eyes higher grades at Hackett
Vancouver – Looking to increase resources at its Hackett River project near Bathurst Inlet, Nunavut, Sabina Silver …
Last piece of Boka puzzle: Paterson admits to fraud
Vancouver – The former president and CEO of Southwestern Resources has finally admitted to fraud and insider trad…
Andean advances Cerro Negro
PERITO MORENO, SANTA CRUZ, ARGENTINA – The name Andean Resources (AND-T, AND-A) conjures images of snow-peaked moun…
Fresnillo drops Mag Silver bid
Vancouver – Mexican major Fresnillo (FNLPF-O, FRES-L) sold it as fair value. Canadian junior Mag S…
Livengood resource tops 10 million oz. gold
Vancouver – A winter drill program at International Tower Hill Mines’ (ITH-V) Livengood project in Alaska has boost…