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…
United States
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.
Golden Predator To Spin Out Gold Assets
Golden Predator Mines (GP-T, GPDRF-O) is going to separate its gold and silver assets from its base metal assets in a spinoff that should draw attention to the company’s strong portfolio of precious m…
Alcoa Slices Spending, Workforce
VANCOUVER — Aluminum giant Alcoa (AA-N) is slashing production levels, jobs, and expenditures in an attempt to keep the company strong during these “extraordinary times”.
Augusta Resource updates Rosemont feasibility
An updated bankable feasibility study on the Rosemont copper-molybdenum project in Pima County, Arizona, has found …
U. S. Department Of Energy Plans Surplus Uranium Sales
The U. S. Department of Energy (DOE) has announced plans to sell its surplus uranium inventory over the next nine years. The sales will total the equivalent of about 59 million lbs. uranium oxide, rea…