Crosshair to merge with Target
One uranium junior lacked cash and the other lacked a worthwhile project, but they both had the same chief executiv…
United States
Alcoa falls on production, job, expenditure cuts
Vancouver – Aluminum giant Alcoa (AA-N) is slashing production levels, jobs, and expenditures in an attempt to keep…
Denison to pay down debt with $41M financing, CFO says
Vancouver – The executive vice president and chief financial officer James Anderson of intermediate uranium p…
Western Canadian cuts coal production
Vancouver – Another miner is cutting back production levels in the face of falling prices, this time a coal produ…
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 ye…
Strathmore and Yellowcake terminate Juniper Ridge agreement
Strathmore Minerals (STM-V) has terminated its joint venture agreement for the Juniper Ridge uranium property in Wy…
Fronteer expects Long Canyon resource in Q1 ’09
Fronteer Development Group (FRG-T) has released some strong gold grades from recent drilling on its 51%-owned Long …
Franco-Nevada to take 7.29% royalty on Gold Quarry
Franco-Nevada (FNV-T, FNNVF-o) has more than US$500 million in cash and other facilities to pay for new investments…
Fronteer plans to acquire Aurora Energy Resources
Fronteer Development Group (FRG-T, FRG-x) is the single largest shareholder, with 42%, of Aurora Energy Resources (…
Teck To Close Pend Oreille Zinc Mine
Vancouver — As part of its efforts to wrestle down nearly US$10 billion of debt, Teck (TCK. B-T, TCK-n) will suspend operations at the Pend Oreille zinc mine, in northeastern Washington, two months f…
Northern Dynasty, Anglo Update Pebble Resource
Vancouver — As Northern Dynasty Minerals (NDM-T, NAK-x) and Anglo American (AAUK-Q , AAL-l) move the Pebble copper-gold-molybdenum property in Alaska foward, the partners have released an updated res…
Great Basin Buys Mill For Hollister
Vancouver — Great Basin Gold (GBG-T, GBN-x) is trying to get two mines into production within the next six months and in recent weeks has taken a few important steps towards that goal.