Thompson Creek To Close Moly Mines For A Month
VANCOUVER — Following the lead of other molybdenum miners, Thompson Creek Metals (TCM-T, TC-N) is slashing its production forecast for 2009.
Canada
Vale Inco Reaches Agreement With Province On Voisey’s Bay
Vale Inco has reached an agreement with the province of Newfoundland and Labrador to amend the Voisey’s Bay development agreement regarding the proposed hydromet nickel-processing plant to be built at…
Rio Tinto Woos Chinese
The week ended Jan. 31, the fourth trading week of 2009, was rife with speculation over Rio Tinto’s future, and just what the debt-crippled giant might hand over to its deep-pocketed 9% shareholder, s…
B2Gold Swoops In On Central Sun
VANCOUVER — With only hours to go before a 5 p. m. deadline on Jan. 30, Linear Gold (LRR-T, LGCFF-O) dropped its bid for Central Sun Mining (CSM-T, SMC-N) instead of topping B2Gold’s (BTO-T, BGLPF-O)…
Sacked CEO fights to replace Polar Star board
Ex-Polar Star Mining (PSR-V) president and CEO, Douglas Willock, is rallying shareholders to help him replace the c…
Claude finds more high-grade at Seabee Deeps
Vancouver – Claude Resources (CRJ-T) is being rewarded for its effort to find new mineralization to feed its Seabee…
Comaplex’s Meliadine gold project gets scoping study go-ahead
Vancouver – After 20 years of work in Canada’s north, Comaplex Minerals (CMF-T) has a positive scoping study in han…
Gold Hawk restructures debt
Shares of Gold Hawk Resources (CGK-V) bounced 75% today on news the junior had restructured its debt in the nick of…
Century Mining to sell $66 million gold-based financing
Century Mining (CMM-V) has joined a growing group of mining companies that are trying to weather the financial stor…
Velocity Finding New Moly In Cassiar
VANCOUVER–The historic northern British Columbia mining town of Cassiar has a new resident: another junior exploration company searching out new riches in an old stomping ground.
Correction (February 02, 2009)
Bard Ventures’ (CBS-V, BVTLF-O) Lone Pine project, 15 km northwest of Houston, B. C., has a measured and indicated resource of 110.3 million tonnes grading 0.083% molybdenum, totalling 201.7 million l…
Solid Prefeasibility For Golden Band’s La Ronge
VANCOUVER — Golden Band Resources (GBN-V, GBRIF-O) has taken another step towards production with a positive prefeasibility study for its La Ronge gold project in northern Saskatchewan.