Magma Metals releases PEA for Thunder Bay North
Australia-based Magma Metals has released a preliminary economic assessment (PEA) of its Thunder Bay North platinum-palladium-copper-nickel project in Ontario, Canada. The PEA […]
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Japan to invest billions in Africa to compete with China
Japan is keen to invest “billions of dollars” in minerals and infrastructure in Africa, trying to catch up to regional rival China […]
IOC to expand iron ore production
Rio Tinto has green-lighted an expansion of the Iron Ore Company of Canada (IOC) facility in Labrador City, Canada. The second of […]
Goldcorp sells Osisko stake for $530 million
Goldcorp announced on Tuesday that it sold its 10.1% equity interest in Osisko Mining Corporation. Expected cash proceeds from the sale will […]
Cameco taps nickel-zinc mine in Finland for more uranium
Cameco announced on Wednesday that it had reached an agreement with the Talvivaara Mining Company Plc. to help process uranium at the Sotkamo nickel-zinc mine in eastern Finland.
TMX, LSE in merger talks: media reports
Two of the world’s largest mining bourses are talking about a merger, according to two major newspapers who broke the story on […]
Silvercorp’s net income up 140% to 29.7 million in Q3
Silvercorp Metals Inc. reported that net income was up 140% to $29.7 million or 18 cents a share. The company released its […]
Sabina raises $75 million for exploration targets in Nunavut
Sabina Gold & Silver Corp. has reached a deal with BMO Capital Market to raise $75 million for exploration work in Nunavut, […]
Teck earnings are up 36% from 2009
Teck Resources Limited announced earnings in 2010 of $1.5 billion or $2.62 a share. Earning were 36% better than the $1.1 billion […]