More than a wish for Golden Hope
Assay results from Golden Hope Mines (GNH-V) confirm that the company has hit upon a second mineralized body at its…
Canada
International Royalty comments on Voisey’s Bay concentrate shipments
International Royalty Corp. (IRC-T, ROY-x) says Vale Inco’s agreement to stop concentrate shipments from Voisey’s B…
Federal budget news flash: exploration tax credit extended
The federal budget tabled on Tuesday extends the temporary 15% mineral exploration tax credit on flow-through sha…
Correction: Bard’s Lone Pine boasts 200 million lbs. moly
Bard Venture’s (CBS-V, BVTLF-O) Lone Pine project has a measured and indicated resource of 110.3 million tonnes g…
OSC ruling could stymie HudBay-Lundin merger
With one ruling from the Ontario Securities Commission (OSC), the future of both HudBay Minerals (HBM-T, HB…
Vale Inco halts concentrate shipments from Voisey’s Bay
Vale (RIO-n) has stopped shipping concentrate from its gigantic Voisey’s Bay nickel mine as part of an agreement wi…
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 produ…
Canada Zinc seals strategic partnership with Chinese company
The crippling economic crisis means many cash-strapped juniors are resorting to strategic partnerships with base-me…
Denison To Pay Down Debt With $41M Financing
VANCOUVER — Intermediate uranium producer Denison Mines (DML-T, DNN-X) will use “basically all” of a recently announced $41- million bought-deal financing to pay down debt on a $125-million revolving…
Western Canadian Cuts Coal Production
VANCOUVER — Another miner is cutting back on production in the face of falling prices, this time a coal producer. Western Canadian Coal (WTN-T, WXJXF-O) is almost halving output at its Brule mine and…
Bard’s Lone Pine Boasts 200,000 Lbs. Moly
Bard Ventures (CBS-V, BVTLF-O) will continue drilling on its Lone Pine project 15 km northwest of Houston, B. C., after a positive initial resource estimate.
New CEO Not Looking To Transform Barrick
Despite his relative youth, Barrick Gold’s (ABX-T, ABX-N)new president and CEO, Aaron Regent, has taken some of Canada’s largest companies through difficult times.