Nyrstar meets upstream goals with Farallon takeover

Top zinc producer Nyrstar is making good on a promise to improve its upstream integration with the proposed acquisition of Canada's Farallon Mining, CEO Roland Junck said on Tuesday. Farallon's main asset is the Campo Morado property in Mexico,...

Nyrstar to buy Farallon Mining

Vancouver-based Farallon Mining has agreed to support an all-cash takeover offer worth about C$409-million from Belgium's Nyrstar, the companies announced on Monday. Nyrstar will offer C$0,80 a share for Farallon, which represents a 32% premium to...

Farallon eases up on mill for mine catch-up, still mulls M&A

Vancouver-based Farallon mines continues to look at potential corporate transactions that could see it merging with another company, CEO Dick Whittington said on Thursday. Farallon produces zinc, copper, silver and gold from its G-9 mine in...

Farallon plans to open second Mexico mine in 2013

Vancouver-based Farallon Mining plans to open a new mine near its G-9 operation, in Mexico, in 2013. The TSX-listed miner said on Tuesday it would formally re-evaluate four deposits to assess the feasibility of building a second mine at Campo...

Farallon reports another quarterly production record

Vancouver-based Farallon Mining produced a best-ever 25-million pounds of zinc and 2,1-million pounds of copper in concentrates from its G-9 mine, in Mexico, during the first quarter. The company earned $6,2-million in the period, and generated...

Farallon mine hits new daily throughput record

Vancouver-based Farallon Mining is relooking at the scope of a mill expansion at its G-9 mine in Mexico, after achieving record throughput rates in the first quarter of this year, and setting a new daily record last week. The operation is now...

Farallon reports record output, expansion on track

Vancouver-based Farallon Mining produced a best-ever 23,4-million pounds of zinc in concentrate and 2,4-million pounds of copper in concentrate, plus by-product silver and gold, from its G-9 mine, in Mexico, in the fourth quarter of 2009. The...

Farallon assessing satellite deposits at Campo Morado

Vancouver-based Farallon Mining expects to have completed a preliminary economic assessment on four satellite deposits at its Campo Morado property, in Mexico, in the first quarter of next year, CEO Dick Whittington said on Tuesday. Farallon...

Farallon starts sniffing at acquisition prospects

Vancouver-based Farallon Mining believes now is the right time to start looking around for companies or assets that would fit with the firm's objective of building a multi-mine, mid-tier company, says CEO Dick Whittington. Farallon achieved...

Farallon will raise C$10m in bought-deal offering

Vancouver-based Farallon Mining will raise about C$10-million in a bought-deal offering of shares, and plans to use the funds to study a mill expansion and for exploration at its zinc/copper mine in Mexico. The company has inked an agreement...

Farallon ships first zinc concentrate to Canada

Vancouver-based Farallon Mining has shipped the first load of zinc concentrate from its G-9 mine, in Mexico, to a North American smelter. The firm has already sent concentrate to Asian smelters, beginning with deliveries to South Korea and China...

Farallon announces name change

Vancouver-based Farallon Resources has changed its name to Farallon Mining, the company said in a statement on Monday. Farallon's G-9 zinc, copper, silver, gold and lead mine at its Campo Morado property in Mexico reached commercial production...