Dip In Dollar Good For Fortune
The drop in the Canadian dollar is good news for Fortune Minerals’ (FT-T, FTMDF-O) Lost Fox deposit at its Mount Klappan anthracite coal project, located 330 km northeast of Prince Rupert, B. C.
Canada
Teck Slashes Jobs, Coal Production
VANCOUVER– Another day, another announcement of job and production cuts: Teck (TCK. B-T, TCK-N) is letting go of 1,400 workers and reducing its 2009 coal production target to 20 million tonnes.
North American Tungsten Bets On Unleaded Future
VANCOUVER — North American Tungsten (NTC-T, NATUF-O) is transforming itself. No longer is it just a tungsten mining company responsible for making about 4% of the world’s tungsten concentrates. It is…
Editorial: Mining Sector Layoffs Pick Up Steam
Quite a few miners across Canada and beyond rang in the new year with layoff notices, as the autumn commodities bust worked its way into the employment scene.
Houston Lake keeps on growing the West Cedartree
Houston Lake Mining (HLM-V) has taken another step towards realizing its ambition of creating a mine out of high gr…
Chromite intercepts abound in James Bay Lowlands
Vancouver – It may have been copper and nickel rich massive sulphides that catalyzed the recent exploration rush in…
Stratagold ups gold resource at Dublin Gulch
Vancouver – A new resource estimate for Stratagold’s (SGV-T) Dublin Gulch project in the Yukon has added 700,…
Abacus grows Ajax resource
Vancouver – A new resource estimate for the Ajax copper-gold project near Kamloops, British Columbia, says the depo…
High Potash prices can’t save jobs
Gold, uranium and potash have been the three bright spots for the mining sector through what has been a historicall…
Bard boasts 200 million lbs. of moly at Lone Pine
Bard Ventures (CBS-V) will continue drilling on its Lone Pine project 15 km northwest of Houston, BC, after a posit…
Shore Gold pushes ahead with reduced 2009 budget
Vancouver – Canadian diamond explorer Shore Gold (SGF-T) is planning to spend $18 million in 2009 in a significan…
Juniors Looking For A Lifeline
When a mine closes down, it makes news — and so do the attendant layoffs, which even for a small mine, can number in the hundreds.