Kalgoorlie, Australia — Nearly 20 years ago, gold entrepreneur Alan Bond used the word “rationalization” to describe the potential for improving profitability by combining all the mining operations i…
An independent feasibility study calls for a more productive second phase than planned at the proposed Tambo Grande open-pit mine in Peru, reports Manhattan Minerals (MAN-T).The study, authored by AME…
Just when it looked like things were beginning to improve, North American Palladium (PDL-T) has been forced to shut down and repair the primary crusher at its Lac des les palladium-platinum mine in n…
A revised agreement with state-owned Grasshopper Aluminum has prompted Canarc Resource (CCM-T) to resume exploration at the Benzdorp gold property in Suriname.In 1996, Grasshopper granted Canarc the r…
Make it six. That’s how many times Placer Dome (PDG-T) has extended its offer for partner and takeover target AurionGold. With the previous deadline hours away on Sept. 10, Placer tacked on another 10…
Australian-based Anaconda Nickel has reached a deal that will see its secured creditors receive US$190 million in cash, or about US25 on the dollar, for the outstanding secured debts of its wholly ow…
Two of the first three diamond drill holes sunk by Queenston Mining (QMI-T) at its Kirkland Lake gold project in northeastern Ontario have cut a new zone of gold mineralization. The program is expecte…
The mining and construction arm of Swedish-based Sandvik has acquired the Earth Technologies division of Japan-based Mazda.Mazda Earth Technologies makes hammers, breakers, tools and spare parts for t…
After a quiet start on Sept. 11, the Toronto Stock Exchange’s Composite index slid a whopping 226.04 points, or 3.4% of value, to end the Sept. 11-17 report period at 6,392.26 as prospects of a U.S. a…
Australian-based BeMaX Resources has reached a deal to buy Sons of Gwalia’s 25% stake in the BIP joint venture, which controls extensive tenements in the Northern Murray Basin in New South Wales, Aust…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 17Sept. 16Sept. 13Sept. 12Sept. 11US$ in C$1.57921.58251.5857…
Edmonton-based gold and silver miner Echo Bay Mines (ECO-T) has restated its second-quarter, per-share results to reflect a loss related to an April share offering.Under the new accounting handling, E…
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