SRA trying to stay solvent
Third quarter results from Strategic Resource Acquisition (SRA) (SRZ-T) couldn’t reverse the company’s dire fortune…
United States
Vedanta Resources in US$8.8 billion India expansion
Having received the go-ahead from India’s supreme court, Vedanta Resources (VED-L), an India-focused resource giant…
Uranerz could produce 3.3 million lbs. U3O8 per year, study says
A preliminary economic assessment for Uranerz Energy’s (URZ-T, URZ-X, U9E-F) Nichols Ranch uranium project in the…
Yukon-Nevada halts underground mining at Jerritt Canyon
Vancouver – Around 240 miners are out of work at Yukon-Nevada Gold’s (YNG-T) Smith and SSX mines at its Jerritt Can…
SRA plans pilot germanium/gallium plant
Processing germanium and gallium from zinc leachate could earn Strategic Resource Acquisition Corp. (SRZ-T) a bonus operating profit of US$25 million a year on top of zinc income, a new scoping study …
Nevoro acquires Sheffield Resources, leases past-producing Benbow chromite mine
Having finalized a lease on the past-producing Benbow chromite mine, Nevoro (NVR-T) now controls a project in the S…
Romarco growing resource at historic Haile mine (August 04, 2008)
VANCOUVER–With drilling to confirm the historic resource complete, Romarco Minerals (R-V, RTRAF-O) is focused on expanding the gold zone at its Haile mine in South Carolina. Both efforts are returnin…
Golden Predator snares Midway
VANCOUVER–Only a few months after manoeuvring a takeover of Fury Explorations (FUR-V, FURXF-O), tungsten producer Golden Predator Mines (GP-T, GPDRF-O) is signing onto a merger with Midway Gold (MDW-…
NovaGold sells hydro projects for $40 million
The extra $40 million that NovaGold Resources (NG-t, NG-A) will receive from selling its hydro-electric projects in…
Barrick posts strong results despite inflationary pressures
Despite a 91% jump in oil prices, which averaged US$124 per barrel in the second quarter compared with US$65 per ba…
Newmont keeps tight grip on costs; strong second-quarter results
Despite industry-wide challenges of escalating operating and capital costs, Newmont Mining Corp. (NEM-N) says its s…
Cleveland-Cliffs bids for coal miner Alpha Natural
If the takeover by Cleveland- Cliffs (CLF-N) of Alpha Natural Resources (ANR-N) goes ahead, the new entity will own nine iron-ore facilities and more than 60 coal mines across North America, South Ame…