Teck Takes Hard Line On Fording Debt
Vancouver–The harsh reality of Teck’s (TCK. B-T, TCK-n) debt burden has just become abundantly clear: the major has cancelled its annual dividend, slashed spending dramatically, and walked away from …
Gold
Minefinders Pours First Gold
Minefinders’ (MFL-T, MFN-x) Dolores open-pit mine in Chihuahua, Mexico, is expected to produce more than 1.7 million oz. gold and 64 million oz. silver over an estimated 15-year life.
Exploration Adit Proving Its Worth At Niblack
Vancouver — The first underground drilling program at Committee Bay Resources’ (CBR-V, CBYRF-o)Niblack project, on Prince of Wales Island in Alaska, returned strong intercepts that are sure to expand…
Editorial: HudBay’s baffling Lundin bid
While metal prices seem to have bottomed out in November, the week ended Nov. 22, the 47th trading week of 2008, saw several miners’ share prices get their feet knocked out from under them.
Expansion Drilling Turns Up More Gold For Central Sun
Vancouver–Even though a failed financing has forced the company to suspend a major development project at one of its two Nicaraguan gold mines, Central Sun Mining (CSM-T, SMC-x) continues to hit good…
Red Back Boosts Bought Deal To $60M
Vancouver — Within three hours of announcing a $40-million bought deal, Red Back Mining (RBI-T, RBIFF-o) went back to the wire and boosted that number by $20 million.
Helio Hunts For ‘Meat’ In Tanzania’s Southwest
Vancouver — In 2005, Helio Resource’s (HRC-V, HELOF-o) CEO Richard Williams and chief operating officer Christopher Mackenzie were working in Namibia, where Helio still holds a number of properties. …
High River Gold’s Hardships
After preparing the markets for some sort of deal, a deal has indeed been done: High River Gold Mines (HRG-T, HRIVF-o) has announced a massive private placement with Russian steel giant Severstal that…
Capoose on track for Silver Quest
Vancouver – As part of its efforts to update a historical resource estimate, Silver Quest Resources (SQI-V) h…
Has AuEx discovered Nevada’s next gold district?
Nevada is well-known for prolific gold districts such as Comstock, the Carlin Trend and Cortez Trend. Many explorat…
Gold: the recovery has begun but long-term forecasts still range widely
Vancouver – The yellow metal might have underperformed over the last few months but recent price increases have pro…
Osisko keeps the good news rolling
The latest results from Osisko Mining (OSK-T) and its Canadian Malartic project in Quebec sent its shares climbing….