Lines Are Drawn In Battle For HudBay
VANCOUVER — After spending $460 million to acquire a nickel project that’s since been shelved and then attempting to take over Lundin Mining (LUN-T, LMC-N) in a deal that shareholders resoundingly re…
Zinc-Lead
Breakwater Struggles To Stay Afloat
Breakwater Resources (BWR-T, BWLRF-O) posted a net loss of $88.3 million or 20¢ per share in 2008 compared with net earnings of $23.4 million or 6¢ per share in 2007.
Redcorp enters creditor protection as Tulsequah costs escalate
Vancouver – Redcorp Ventures (RDV-T) has filed for creditor protection, a few weeks after suspending development …
Excellon to buy Silver Eagle Mines
Excellon Resources (EXN-T) is putting plans to build a mill at its Platosa silver-lead-zinc mine in Durango state, …
Aquiline Advances Giant Navidad
SITE VISIT GASTRE, ARGENTINA — There are surely very few places where one can stand atop a deposit holding resources of 450-600 million oz. silver. Aquiline Resources’ (AQI-T, AQLNF-O) Navidad…
Anglo American to cut 19,000 jobs this year
Anglo American( AAUK-Q, AAL-L) plans to axe 19,000 jobs or about 10% of its global workforce this year due to trimmed-back production plans and rescheduled projects.
Ivernia To Resume Lead Shipments After Bird Deaths
Having established a safe shipping method, the government of Western Australia has approved a plan by Ivernia (IVW-T, IVWFF-O) to resume the shipment of stockpiled lead concentrate from the port of Es…
Arehada extends loan payments with Chinese bank
Arehada Mining (AHD-T) is getting ready to resume operations by mid-March at its zinc-lead-silver underground mine …
Breakwater Resources struggles to stay above water
Breakwater Resources (BWR-T) posted a net loss of C$88.3 million or C$0.20 per share in 2008 compared with net earn…
Aquiline advances giant Navidad
Gastre, Argentina – There are surely very few places where one can stand atop a deposit holding resources of 450-60…
Lydian gets investment from European Bank of Reconstruction; IFC
The European Bank of Reconstruction and Development will invest C$1.6 million to finance Lydian International’s (LY…
Nagging court case settled for Farallon
Farallon Resources (FAN-T) is generating positive news despite being a base metal producer in a slumping metals m…