People (March 30, 2009)
Abitex Resources– Ian Peres and Peter Hawley appointed directors.
News
Commodities Forecasted To Rebound In 2010
One of the most anticipated and well-attended sessions at the recent Prospectors and Developers Association of Canada convention in Toronto was a presentation on commodities and the market outlook. Af…
When Harry Met Tye
Kinross Gold served up the biggest surprise of the eleventh trading week of the year, with its first-ever foray into the diamond business in the form of a US$150-million investment in Harry Winston an…
Hedge Fund SRM Wins Battle For HudBay
VANCOUVER — The battle for control of HudBay Minerals (HBM-T, HBMFF-O) got uglier in the week leading up to the proxy vote deadline, with both the incumbent board and its challengers using letters an…
Dorato Raising $5M For Taricori
VANCOUVER — Dorato Resources (DRI-V, DRIFF-O) is topping up its cash reserves with a $5-million private placement underwritten by Canaccord Capital to help fund a 35-hole drill program on the Taricor…
Teck Ordered To Pay US Natives $1M For Trail Smelter Pollution
VANCOUVER– After exhausting its appeal options, Teck (TCK. B-T, TCK-N) has been ordered to pay more than US$1 million to an American Indian tribe to reimburse legal expenses it incurred trying to for…
Xstrata Throws Wrench In The Works At Cobalt Project
VANCOUVER — Rarely do mining companies make headlines for objecting to a competitor’s mine development based on its potential environmental impact.
Kinross Invests In Ailing Harry Winston
Kinross Gold (K-T, KGC-N) is raising some eyebrows with a surprise move into the diamond business, starting with a US$150-million offer for stakes in diamond miner and retailer Harry Winston Diamond (…
Mayhem In Madagascar
Madagascar is in a state of upheaval, and while foreign miners with operations there deny being affected, no one knows how it will play out in the end.
Trevali Arranging US$20M Loan For Peruvian Hydro Project
VANCOUVER– Banco Internacional del Peru (Interbank) and law firm Estudio Eschecopar are helping Trevali Resources (TV-C, TREVF-O) arrange a US$20-million debt facility through Interbank’s credit comm…
Silver-Indium Project Shines For South American Silver
VANCOUVER — In a scoping study, South American Silver (SAC-T, SOHAF-O) outlines a US$105- million silver-indium project at its Malku Khota property in central Bolivia, about 300 km southeast of La Pa…
Blue Note tries to rebuild by going to the ground
The latest results from Blue Note Mining’s drill program at its Armstrong properties in New Brunswick shows some pr…