Sinchao boasts hefty initial resource
Vancouver — After two years of drilling, Sinchao Metals (SMZ-v) has delineated a sizable initial resource at its namesake copper-gold- silver project in Peru.
2008
HudBay and Lundin to merge
Vancouver – In a move that took investors and analysts by surprise, HudBay Minerals (HBM-T) and Lundin Mining (LUN-…
$60M Red Back bought deal
Vancouver – Within three hours of announcing a $40 million bought deal Red Back Mining (RBI-T) went back to t…
Katanga pulls the brakes on cobalt production
Katanga Mining (KAT-T) blames falling cobalt prices for its decision to stop producing the metal at one of its proj…
Kalahari scraps Extract merger on Rio Tinto concerns
Kalahari Minerals (KAH-L) has called off a merger with Extract Resources (EXT-T, EXT-A) over fears that Rio Tinto (…
Apogee shuts La Solucion mine in Bolivia
Declining metal prices and lower grades combined with higher smelting costs and taxes have forced Apogee Minerals (…
Teck slashes dividend and costs, sells assets to pay Fording debt
Vancouver – The harsh reality of Teck Cominco‘s (TCK.B-T, TCK-N) debt burden just became abundantly clear: the major has canceled its annual dividend, slashed spending dramatically, and walked away from…
MAG drills high-grade silver at Juanicipio
Vancouver – The Valdecanas vein on the Juanicipio property in the state of Zacatecas, Mexico, continues to return h…
Kinbauri expands gold resources in Spain
Last March, Kinbauri Gold (KNB-V, KINBF-O) bought gold assets in northwestern Spain from Rio Narcea Gold Mines…
Paladin proves up Kayelekera
As uranium prices begin to rebound, Paladin Energy (PDN-T, PDN-A) is bulking up resources at its Kayelekera deposit…
Central Sun keeps finding gold in Nicaragua
Vancouver – Even though a failed financing has forced the company to suspend a major development project at one of …
High River plagued with questions
The good news for High River Gold (HRG-T) is that the mill at its Taparko-Bouroum mine in Burkina Faso is up a…