Zinc Comeback Drives Canadian Miners
Zinc prices have come back from the dead, and revived zinc producers like Breakwater Resources (BWR-T, BWLRF-O).
HudBay Minerals Inc
Iron Ore’s Cautious Evolution
Iron ore was in the spotlight during the 19th trading week of the year, from esoteric new hedging opportunities to derailed grassroots iron ore deals.
HudBay Posts Q1 Loss
Lower copper and zinc prices sent HudBay Minerals’ (HBM-T, HBMFF-O) net earnings into negative territory in the first quarter of 2009, but lower operating costs helped cushion the fall.
Amid Power Shifts, Gold Remains A Refuge
At the macro level during the twelfth trading week of the year, all eyes were on the ailing North American auto industry, and the speculation over its shrunken, blown-out future.
Update: Entire HudBay board replaced before proxy vote
Vancouver — The battle for control of HudBay Minerals (HBM-T, HBMFF-O) got uglier in the week leading up to the …
Both sides firing as HudBay proxy vote draws near
Vancouver – The battle for control of HudBay Minerals (HBM-T) keeps getting uglier. In the week leading up to the…
SRM And Palmiere Go Head To Head
The week leading up to the Prospectors and Developers Association of Canada, the eighth trading week of the year, continued to see fallout from HudBay Minerals’ failed takeover of Lundin Mining,
HudBay battle gets nasty
Vancouver – After spending $460 million to acquire a nickel project that’s now unfeasible to develop and then att…
Lundin loses US$957M in 2008
Vancouver – Lundin Mining (LUN-T) lost almost US$1 billion in 2008 and now carries US$267 million in debt followi…
HudBay And Lundin Kill Merger Plans
VANCOUVER — HudBay Minerals (HBM-T, HBMFF-O) and Lundin Mining (LUN-T, LMC-N) have officially cancelled their merger plans. The move, however, is no surprise because the deal had already been essenti…
Editorial: De Beers’ US$500M Bailout
The seventh trading week of 2009 closed out with news of profound cash-flow problems at the iconic diamond miner De Beers, underscoring the global collapse in demand for luxury goods such as diamonds.
Boardroom Friction Heats Up For Polar Star
The war being waged in the boardroom of Polar Star Mining (PSR-V, POSRF-O) just got uglier.