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 …
United States
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…
Franconia updates Birch Lake resource
VANCOUVER– Franconia Minerals (FRA-T, FRALF-O) has doubled its resource estimate for the Main zone at its Birch Lake copper-nickel- platinum group metals deposit, about 11 km northeast of Babbitt, in…
Midasco sings Utah’s praises
VANCOUVER — It’s a good time to have acquired uranium past-producers, but it’s been tough selling them to the market.
Editorial: Miners need to be wary of McGuinty
The week ended July 19, the 29th trading week of 2008, kicked off with a surprise announcement by the Ontario government that it would “protect” at least 225,000 sq. km, or roughly half of the provinc…
Potash, uranium, key themes at RBC conference;RBC conference
Commodity prices will remain strong for several years to come due to robust demand outside the United States and persistent supply constraints, according to presentations at the recent RBC Global Mini…