Blue Note to put Caribou and Restigouche on temporary care and maintenance

Blue Note Mining Inc. announced that it will be initiating a temporary care and maintenance program at its Caribou and Restigouche zinc and lead mines, owned through its wholly-owned subsidiary Blue Note Caribou Mines Inc. Since commercial production was achieved in January 2008, operating performance has continuously improved with all of the original planned production targets being achieved or surpassed.... 

Tag: blue note mining inc restigouche, blue note mining caribou and restigouche mine, blue note molybdenum new brunswick, restigouche blue note caribou mines, caribou and restigouche mine

Breakwater Exercises Its 20% Property Conversion Option on Caribou

Breakwater Resources Ltd. Effective today, Breakwater exercised its right pursuant to the terms of the Unsecured Subordinated Convertible Debenture issued by Blue Note Mining Inc. (formerly, Blue Note Metals Inc.) dated August 1, 2006 to convert the Debenture in exchange for a twenty percent (20%) interest in the mineral properties and mine facilities which comprise the Caribou and Restigouche mines... 

Tag: breakwater resources caribou property

Canadian mining company reopens two New Brunswick zinc mines

Canadian mining company Blue Note Metals Inc. (TSX.V:BNT) will invest $48 million over the next 12 months to revive two dormant zinc mines in northern New Brunswick. Company officials, accompanied by Premier Bernard Lord and other provincial government officials, announced that they expect to have the Caribou and Restigouche mines back in operation by the spring of 2007, producing 100 million pounds...