HudBay Bids For Lundin
Vancouver — In a move that took investors and analysts by surprise, HudBay Minerals (HBM-T, HBMFF-o) and Lundin Mining (LUN-T, LMC-n) plans to merge into what they hope will be the next major global …
2008
Stroud Makes Strides In Mexico
Stroud Resources (SDR-V, SDURF-o) is posting solid results from La Rayas, one of two mineralized zones, at its 100%-owned Santo Domingo silver-gold project, 90 km northwest of Guadalajara in central M…
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 …
VMS Ventures keeps hitting good grades at Reed Lake
Vancouver – The Reed Lake discovery continues to return solid copper-zinc-silver-gold intersections for VMS Venture…
Capoose on track for Silver Quest
Vancouver – As part of its efforts to update a historical resource estimate, Silver Quest Resources (SQI-V) h…
Vaaldiam puts on the brakes
Vaaldiam Resources (VAA-T) says the world financial crisis and a 25% drop in rough diamond prices since September 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…
Cameco suspends UF6 production in Port Hope
Cameco Corp. (CCO-T, CCJ-N) is suspending uranium hexafluoride (UF6) production at its plant in Port Hope until the…
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….
Iron ore contract prices to drop, Standard Chartered says
Contract prices for iron ore will fall 15-20% in 2009, according to the commodity research team at Standard Charter…
Gulf region and India to cushion fall in copper usage
Vancouver – It is hard to believe given the bleak numbers the Lisbon-based International Copper Study Group (ICSG) …