All the speculation over the state of Katanga Mining’s (KAT-T, KATFF-O) finances is at an end, with a stark announcement from the company that it needs more funding on an “urgent basis” to sustain its…
Short positions outstanding at Dec. 15/08 (with changes from Nov. 30/08).
as of 9 a. m. ET. Dec. 23, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
Fronteer Development Group (FRG-T, FRG-X) is the single largest shareholder of Aurora Energy Resources (AXU-T, AUEGF-O), with 42% of the company. Now Fronteer wants all of it — despite a three-year m…
Perth, Western Australia– Consider the Australian mining scene of six months ago — a chronic shortage of professional and skilled workers, high wages, headhunters wallowing in fees, long waiting lis…
Vancouver– U. S. President-elect Barack Obama’s talk of massive new infrastructure spending as one response to an expected recession has some investors excited about stronger demand for aggregates. M…
SITE VISIT Belo Horizonte, Minas Gerais, Brazil–At a time when more than one mining company is struggling to stay afloat, Jaguar Mining (JAG-T) is a bit of fresh air. With…
Vancouver — On the heels of a second expansion at the Gibraltar copper-molybdenum mine in central British Columbia, Taseko Mines (TKO-T, TGB-X) has boosted reserves at the mine by almost 30%.
It was remarkable year for the mining industry, as we witnessed a commodities boom in the first quarter turn into a bust by the fourth, all against the backdrop of a steadily worsening global financia…
Luna Gold (LGC-V, LGCU-O) struck some promising results at its Cachoeira gold project in northeastern Brazil as it wrapped up its drill program for the year.
The following is the second part of an open letter to The Honourable Dwight Duncan, Ontario’s minister of finance, from Chris Hodgson, president of the Ontario Mining Association, outlining the OMA’s …
Atna Resources — David Watkins appointed executive chairman and has stepped down as CEO; James Hesketh appointed CEO and remains president.
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