Noront, Rosseau settle ahead of proxy battle
Noront Resources (NOT-V, NOSOF-o) president and CEO Richard Nemis stepped down at the company’s annual meeting on Oct. 28, but he wasn’t denied a proper send off at the at-times emotional meeting, rec…
Canada
Editorial: Loonie plunges as oil prices slide
Canada’s loonie seems to dip and dive just like any other petrodollar these days, if the week ended Oct. 25, the 43rd trading week of 2008, is anything to go by.
Rubicon drills more high-grade under Red Lake
Rubicon Minerals (RMX-T, RBY-x) has cut 2.2 metres grading 42 grams gold per tonne starting at 880 metres depth on its Phoenix project, in Ontario’s Red Lake district.
It’s a long moly Storie for Columbia Yukon (October 31, 2008)
Vancouver – Step-out drilling at the Storie molybdenum deposit continues to return long mineralized intercepts for …
Copper Mountain gets the go ahead
Vancouver – Copper Mountain Mining (CUM-T) is not letting global financial turmoil or a falling copper price get in…
Vale slashes iron ore production, trims nickel too
Saying that it is “adjusting to the new global economic scenario,” Vale (RIO-N) is dramatically scaling back its ir…
Uranium price will rebound: analysts (Part 2)
Nick Carter, vice-president at Roswell, Ga.-based uranium consultancy Ux Consulting says that the recent steep drop…
Raitt replaces Lunn as Canada’s Natural Resources minister
On the back of his Conservative Party’s Oct. 14 electoral win, Canadian Prime Minister Stephen Harper unveiled …
Uranium price will rebound: analysts (Part 1)
“A roller coaster ride” would be one way to describe the uranium spot price in recent years, rising to US$136 per l…
Sherritt buckles down after strong Q3
Although Sherritt International (S-T) had a strong third quarter, the company says it will cut back on spending in …
Renard glitters for Stornoway
Vancouver – A positive preliminary economic assessment for its Renard diamond project has boosted Stornoway Diamond…
Nemis resigns as Noront president and CEO; named chairman emeritus for life
Noront Resources (NOT-V, NOSOF-O) president and CEO Richard Nemis stepped down at the company’s annual meeting toda…