Ridley Terminals agrees to ship Cardero’s Carbon Creek coal

The owner of British Columbia metallurgical coal deposit Carbon Creek, TSX-listed Cardero Resource Corp, on Tuesday reported it had reached an agreement with Ridley Terminals to ship 500 000 t of coal a year for 15 years. The agreement, which...

Thompson Creek studying wall slough's potential production impact

Molybdenum miner Thompson Creek Metals suffered a wall slough, or slippage, at its eponymous mine in Idaho last week, but there will not likely be a material impact on the mine plan. The TSX- and NYSE-listed company said it would review any...

Company Announcement: Abcourt Files Preliminary Short Form Prospectus For New Issue of Units

Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines Inc. announced today that it has filed a preliminary short form prospectus in the provinces of British Columbia, Alberta, Ontario and Québec

Silvercorp net earnings fall on higher production costs

TSX-listed Silvercorp Metals on Thursday said fourth-quarter profit fell by 19% to $9.7-million quarter-on-quarter, or 6c a share, weighed down by increased production costs despite higher prices achieved. The lower net income was mainly...

Artillery Peak mine proves 'economically attractive', to cost $477m

TSX-V-listed American Manganese on Thursday reported that a preliminary feasibility study for the fully owned Artillery Peak manganese project in Mohave county, Arizona, had revealed an “economically attractive” financial model. The project...

Company Announcement: Firestone Provides Update on Zinc-Lead-Silver Reconnaissance Program

Firestone Ventures Inc, is pleased to announce further results from its ongoing zinc exploration reconnaissance program in the Central Guatemala Zinc District.

Search for new Baja CEO under way as Greenslade resigns

Embattled copper junior Baja Mining on Monday said CEO, president and director John Greenslade had resigned, and Tom Ogryzlo had been appointed as interim CEO. The company said in a statement that while a search for a new CEO was under way, CFO...

New industry association launched to advocate clean mining technology

Vancouver-based Clean Mining Alliance (CMA) launched on Monday, with the goal of supporting and advocating technological advancements to help make the mining industry cleaner and more environmentally responsible. Executive director Dallas Kachan...

TNR says received merger approach from unnamed firm

Toronto-listed junior TNR Gold Corp has received an offer from an unnamed company to merge with it to acquire its disputed Argentinean copper-gold properties, the company said late on Friday. TNR did not say what company made the proposal or how...

Thompson Creek unveils debt, equity funding, shares dip

Shares in Thompson Creek Metals, the Denver, Colorado-based molybdenum producer, slid nearly 10% in early Toronto trade on Monday, after the company said it would sell $200-million in secured debt, as well as eight-million tangible equity units...

Imperial Metals gets mining permit for British Columbia project

Imperial Metals said it had received a mining permit for its Red Chris copper/gold project in British Columbia. Imperial Metals, which also has two openpit mines in British Columbia -- the Mount Polley copper-gold mine and the Huckleberry...

First Point serves arbitration notice on Cliffs

TSX-V-listed First Point Minerals over the weekend announced it had served a notice of arbitration on Cliffs Natural Resources Exploration Canada over Cliffs' alleged refusal to provide information about the Decar nickel/iron alloy project in...