Barrick’s Q2 strong despite rising costs
Despite a 91% jump in oil prices, which averaged US$124 per barrel in the second quarter compared with US$65 per barrel in the same quarter a year ago, Barrick Gold’s (ABX-T, ABX-N) second-quarter rev…
United States
Sterling acquisition to make Minco a major silver producer by 2011
Vancouver – The company advancing the Fuwan silver property in China, Minco Silver (MSV-T), is taking over Sterling…
HudBay closes Balmat zinc mine and concentrator
Vancouver – Less than two years after ramping the Balmat mine back up to full production HudBay Minerals (HBM-T) is…
Gateway and Victoria to merge
Vancouver – Victoria Gold (VIT-V) will acquire all of the outstanding shares of Gateway Gold (GTQ-T) in a friendly …
More gold for Aquila
Aquila Resources (AQA-T) got a slight lift from drills testing a porphyry deposit at its Back Forty project in Mich…
Crandall Canyon disaster may lead to huge settlement
VANCOUVER–Among other defendants, American coal giant Murray Energy wants to settle out of court a complaint filed against it by families of victims who died or were injured in the Crandall Canyon mi…
SRA trying to stay solvent
Third quarter results from Strategic Resource Acquisition (SRA) (SRZ-T) couldn’t reverse the company’s dire fortune…
Vedanta Resources in US$8.8 billion India expansion
Having received the go-ahead from India’s supreme court, Vedanta Resources (VED-L), an India-focused resource giant…
Uranerz could produce 3.3 million lbs. U3O8 per year, study says
A preliminary economic assessment for Uranerz Energy’s (URZ-T, URZ-X, U9E-F) Nichols Ranch uranium project in the…
Yukon-Nevada halts underground mining at Jerritt Canyon
Vancouver – Around 240 miners are out of work at Yukon-Nevada Gold’s (YNG-T) Smith and SSX mines at its Jerritt Can…
SRA plans pilot germanium/gallium plant
Processing germanium and gallium from zinc leachate could earn Strategic Resource Acquisition Corp. (SRZ-T) a bonus operating profit of US$25 million a year on top of zinc income, a new scoping study …
Nevoro acquires Sheffield Resources, leases past-producing Benbow chromite mine
Having finalized a lease on the past-producing Benbow chromite mine, Nevoro (NVR-T) now controls a project in the S…