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...

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.

Breakwater inks royalty agreements for Myra Falls

TSX-listed Breakwater Resources has sold basic royalties on a portion of the zinc produced over the life of its Myra Falls mine, in British Columbia, the company reported on Thursday. Breakwater said it entered into royalty agreements with Red...

Breakwater restarts Myra Falls

TSX-listed Breakwater Resources restarted the mill at its Myra Falls mine, in British Columbia, on Wednesday morning, the company reported later in the day. The firm evacuated the the underground workings at Myra Falls on Monday after excessive...

Daily podcast – November 16, 2009

Zambia's Baluba copper mine to resume output two weeks ahead of schedule; and Breakwater Resources employees vote to ratify the tentative labour agreement.

Breakwater says workers ratify labour deal

TSX-listed Breakwater Resources confirmed on Friday that hourly employees at its Myra Falls mine, in British Columbia, had voted to ratify the tentative labour agreement reached earlier in the week with management. The vote was 83% in favour of...

Breakwater reaches last-minute deal with workers

Base-metals producer Breakwater Resources reached a tentative agreement on Monday with the union that represents hourly employees at its Myra Falls mine, in British Columbia, Canada. The agreement will be put to union members for ratification...

Swedish mining group unearths big zinc project

Mining and metals group Boliden has found a big minerals deposit containing zinc, lead and silver in central Sweden.

Canadian zinc-copper mine to reopen

Mining group Boliden said it would reopen its Myra Falls zinc-copper-mine in Canada to supply Asian customers who have had difficulty obtaining raw materials since the mine closed in December.

Latest copper production cuts

The world’s major copper producers are contiuing to seriously curtail their output in a bid to counter weak demand and prop up prices, which recently fell to their lowest levels since 1987. Following is an overview of production cuts in the...

Latest copper production cuts

The world’s major copper producers are contiuing to seriously curtail their output in a bid to counter weak demand and prop up prices, which recently fell to their lowest levels since 1987. Following is an overview of production cuts in the...

Zinc prices at 14-year low

A leading mineral economist group has calculated that 40% of Western World zinc-mine output was not covering cash costs at the October average price. AME Minerals Economics, of Sydney, Australia, argues that the situation is no longer sustainable.