Alcoa Slices Spending, Workforce
VANCOUVER — Aluminum giant Alcoa (AA-N) is slashing production levels, jobs, and expenditures in an attempt to keep the company strong during these “extraordinary times”.
Industrial/Specialty Minerals
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.
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…
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…
ARM, Vale To Turn Teal Into 50-50 JV
VANCOUVER– In a roundabout deal, Vale (RIO-N) is paying a hefty premium to get its hands on half of Teal Exploration and Mining (TL-T, TLXMF-O).
Business As Usual After Guinea’s Military Coup
It didn’t take long for unrest to take hold in Guinea after the country’s long-serving president was pronounced dead on Dec. 22 and that has meant increased uncertainty for miners in the country.
First Bauxite’s ‘Huge Vision’
VANCOUVER — There’s a new junior exploring for bauxite, the redcoloured rock that provides the world with aluminum. And the company is no shrinking violet — with support from a major, First Bauxite …
MagIndustries Makes Headway At Kouilou
Using a treasury that held consolidated working capital of more than US$100 million in September, Mag- Industries (MAA-V, MAAFF-O) continues to advance its Kouilou potash project in the Republic of Co…
Sprott’s molybdenum fund is done
Falling molybdenum prices have spelt the end of the Sprott Molybdenum Participation (MLY-T) fund.
Bard Ventures awaits moly resource
As Bard Ventures (CBS-V) awaits a resource estimate for its Lone Pine molybdenum project 15 km northwest of Houston…
Alcoa falls on production, job, expenditure cuts
Vancouver – Aluminum giant Alcoa (AA-N) is slashing production levels, jobs, and expenditures in an attempt to keep…