Lapa mine, Canada

An underground mine situated in Canada.

Nyrstar agrees to buy Canada's Breakwater

Toronto-based Breakwater Resources, which has said for some time it was looking for acquisitions, has now itself become a target, the company announced on Wednesday. Belgian smelting group Nyrstar will offer C$7 a share, or around C$619-million,...

Breakwater still looking for deals

Canadian base-metals producer Breakwater Resources continues to look “very hard” for acquisitions but also sees opportunities to expand around its existing operations, CEO David Petroff said on Thursday. Breakwater produces zinc, copper, lead...

Breakwater targets M&A sooner than later as competition heats up

Canadian base-metals miner Breakwater Resources realises it needs to move quickly in its bid to acquire another mine or project, as asset prices are only going to get pricier as time goes by, a top executive at the company said on Friday....

Breakwater to raise C$30m in bought deal

TSX-listed Breakwater Resources plans to sell shares in a bought-deal financing to raise C$30-million, the company said on Monday. The funds will be used for general corporate purposes, including spending required to restart operations at...

Breakwater Resources details 2011 outlook

Base-metals producer Breakwater Resources on Tuesday outlined its production and capital spending plans for 2011, and confirmed that it intends to restart the halted Langlois mine in Quebec in 2012. Breakwater expects to produce 95 000 t of zinc,...

Breakwater Resources seeks acquisitions, to restart Quebec mine

Base-metals producer Breakwater Resources is looking to add another mine or development project to its line-up, and will also restart the halted Langlois mine in Quebec in 2012, CEO David Petroff said on Tuesday. Langlois was put on care and...

Breakwater profit up on prices

oronto-based Breakwater Resources' third-quarter profit increased more than 200%, to C$19,6-million, helped by higher metals prices. Breakwater produces zinc, copper, lead and gold from mines in Canada, Chile and Honduras.

Worker dies after accident at Breakwater mine

An employee of Breakwater Resources has died after an accident at the company's Toqui operation, in Chile, the firm reported on Monday. The cause of death is unknown and senior officials from the TSX-listed company are on their way to assist in...

Toqui mine, Chile

A zinc/gold mine, situated in Chile

Breakwater Resources posts fourth-quarter profit

TSX-listed Breakwater Resources earned C$5,4-million in the fourth quarter of 2009, compared with a net loss of C$53,5-million a year earlier, when it wrote down the value of its mining assets. Breakwater produces zinc, copper, lead and gold from...

Daily podcast – January 4, 2010

Jinshan Gold Mines signs a memorandum of understanding with Monnis International; and Rio Tinto's Yandicoogina operation achieves annual production of more than 50-million tons for the first time.