West Africans ask miners for more training, better transparency
Mines ministers from West Africa say foreign mining companies need to become more transparent, help more with infra…
2009
Vale Inco, Alcoa and U.S. Steel cutting back
Responding to the ongoing slowdown in the nickel market, Vale Inco, the nickel division of Vale (RIO-N), has anno…
Canadian miners restart their engines in Ecuador
The government of Ecuador used the Prospectors & Developers Association of Canada (PDAC) convention in Toronto to a…
New Gold to merge with Western Goldfields
New Gold (NGD-T) and Western Goldfields (WGI-T) are joining forces to create a diversified gold production base fro…
HudBay battle gets nasty
Vancouver – After spending $460 million to acquire a nickel project that’s now unfeasible to develop and then att…
Minco goes to court over Sunshine mine, unpaid debt
SNS Silver (SNS-V) and Minco Silver (MSV-T) are both claiming rights to the recently-abandoned Sunshine mine near K…
Trevali arranging US$20M loan for Peruvian hydro project
Vancouver – Banco Internacional del Peru (Interbank) and law firm Estudio Eschecopar are helping Trevali Resources …
US Gold reports strong results from El Gallo, Mexico
Rob McEwen, the man who founded Goldcorp (G-T, GG-N) and discovered one of the world’s richest gold mines at Red La…
Mongolia’s cabinet endorses in principle Oyu Tolgoi draft agreement
Shares of Ivanhoe Mines (IVN-T, IVN-q) rose 2% or 11¢ to $5.99 apiece in mid-morning trading following news th…
Border coal beds start to develop for Goldsource
Vancouver – A steady stream of coal intercepts is helping Goldsource Mines’ (GXS-V) share price re-gain some grou…
MacArthur’s $100-million pay day disappears
Vancouver – It seemed too good to be true and it was: MacArthur Minerals (MMS-V) fell 45% on news that a $100-mil…
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…