Romarco: 128K oz. gold per year in Haile feasibility
Vancouver – As promised last fall Romarco Minerals (R-V, RTRAF-O) has bumped up the scale of a planned gold mine at…
United States
Augusta Updates Rosemont Feasibility
An updated bankable feasibility study on the Rosemont copper-molybdenum project in Pima Cty., Ariz., has found that the proposed mine would have an after-tax net present value of 5%, or US$1.28 billio…
Western Lithium Hopes To Ride The ‘Tidal Wave’
Toyota’s announcement at the North American International Auto Show in Detroit earlier this month that its new plug-in hybrid will be powered by lithium ion batteries was hailed as a triumph for compa…
District judge rules for Barrick in Cortez Hills case
A U.S. judge has ruled against a preliminary injunction that would have halted construction at Barrick Gold’s (ABX-…
Livengood grows to 6.8 million oz. gold for Tower Hill
Vancouver – International Tower Hill Mines’ (ITH-V) Livengood gold project seems to have it all: a significant…
Thompson Creek to close moly mines for a month
Vancouver – Following the lead of other molybdenum miners Thompson Creek Metals (TCM-T, TC-N) is slashing its produ…
Denison To Pay Down Debt With $41M Financing
VANCOUVER — Intermediate uranium producer Denison Mines (DML-T, DNN-X) will use “basically all” of a recently announced $41- million bought-deal financing to pay down debt on a $125-million revolving…
New CEO Not Looking To Transform Barrick
Despite his relative youth, Barrick Gold’s (ABX-T, ABX-N)new president and CEO, Aaron Regent, has taken some of Canada’s largest companies through difficult times.
Regent takes reins at Barrick
It is not every day that the world’s largest gold company changes leaders at the helm, but such a rare day occurr…
Commentary: Commodity Prices To Bottom In 2009: Banks
While TD Bank sees the commodities market starting to rebound in the second half of 2009, followed by more pronounced price increases in 2010, the World Bank believes that, over the long term, commodi…
Fronteer Readies Long Canyon Resource
Fronteer Development Group (FRG-T, FRG-X) has released some strong grades from recent drilling on its 51%-owned Long Canyon gold project, in Elko Cty., Nev., that will be included in an initial resour…
PolyMet Draws On Debt To Feed NorthMet
When credit markets are tight, it’s good to have supporters with deep pockets.