Canada



Kodiak hitting gold

Vancouver – The Golden Mile project is starting to outgrow its name: Kodiak Exploration (KXL-V) has traced its rich…




Underground at Lundin Mining's Galmoy zinc-lead mine, in Kilkenny Cty., Ireland. HudBay Minerals has struck a contentious deal to take over Lundin, which is nearly $300 million in debt, valuing the company at around $2.08 per share.

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 …


NovaGold Shutters Rock Creek Mine

Vancouver — NovaGold Resources (NG-T, NG-x) shares plunged $1.48 to close at 72 after the company announced it was suspending production at its Rock Creek gold mine and that it wouldn’t be able to 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 …


Cameco's uranium hexafluoride conversion plant at Port Hope, Ont. Operations at the plant were suspended in July 2007 when chemical leaks were detected, and only resumed in September 2008.

Cameco’s Q3 Earnings Down 46% From Last Year

Third-quarter net earnings for the world’s largest uranium producer and one of two Candu fuel manufacturers in Canada fell nearly 50% year-on-year due to lower prices and higher costs.


Rolling Rock Resource Tops 1M Oz. Gold

Vancouver — As Rolling Rock Resources( RLL-V, RLLGF-o) reworks data for a pending scoping study of its Monument Bay project, 350 km southeast of Thompson, Man., it has topped a million inferred ounce…


Editorial: HudBay’s baffling Lundin bid

While metal prices seem to have bottomed out in November, the week ended Nov. 22, the 47th trading week of 2008, saw several miners’ share prices get their feet knocked out from under them.


Arctic Star Diamond Pushes Ahead With Nickel Discovery

When junior explorer Arctic Star Diamond (ADD-v) acquired its Credit Lake property — “within sight of Canada’s greatest diamond mines” in the Northwest Territories four years ago–it didn’t expect to…


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