Lydian gets investment from European Bank of Reconstruction; IFC
The European Bank of Reconstruction and Development will invest C$1.6 million to finance Lydian International’s (LY…
Europe
Sweden mulls overturning ban on new nuclear power plants
Dependence on foreign energy and worries about climate change have ignited debate about overturning Sweden’s nearly…
Bought Deal Brings $51.8M To Anatolia
Anatolia Minerals Development (ANO-T, ALIAF-O) will raise $51.8 million in a financing led by RBC Capital Markets to help fund its Copler gold project in Turkey.
Anatolia Lands Loan To Advance Copler
VANCOUVER –UniCredit Group, a major European bank, has approved a US$62.5-million debt facility for Anatolia Minerals Development’s (ANO-T, ALIAF-O) Copler gold project in Turkey.
Bought deal brings Anatolia $51.8 million
Anatolia Minerals Development (ANO-T) will raise $51.8 million in a financing led by RBC Capital Markets to help fu…
Northland Upgrades Tapuli Iron Resource
VANCOUVER — Northland Resources (NAU-T, NRSRF-O) has boosted confidence in its Tapuli magnetite deposit, upgrading most of a 10-month-old resource estimate to the measured and indicated category.
Western Canadian Coal and Cambrian discuss merger
Western Canadian Coal (WTN-T, WTN-L) and Cambrian Mining (CBM-L) have reached an agreement in principal that would …
Editorial: Code Red For Rio Tinto
Rio Tinto’s debt pangs grew acute during the week ended Dec. 13, the fiftieth trading week of 2008. They were set off this time around by the late November collapse of BHP Billiton’s drawn-out hostile…
Intrepid Hits Lengthy Gold Intervals In Indonesia
Vancouver — Recent drilling at Zone A of the Tumpangpitu prospect delivered Intrepid Mines (IAU-T, IAU-a) its best oxide drill results to date from the Tujuh Bukit property, near the eastern tip of J…
HudBay-Lundin Merger Draws Fire
Vancouver — What was supposed to be a friendly merger between HudBay Minerals (HBM-T, HBMFF-O) and Lundin Mining (LUN-T, LMC-N) is turning into a nasty battle, as groups of HudBay shareholders demand…
Vale Scales Back
As the world economy continues to unravel, Vale (RIO-N) is closing its Copper Cliff South nickel mine in Sudbury, Ont., suspending its Voisey’s Bay nickel operations in Labrador for a month next July,…
Northland upgrades Tapuli magnetite resource
Vancouver – Northland Resources (NAU-T) boosted confidence in its Tapuli magnetite deposit, upgrading most of…