HudBay Minerals Inc. announced that it will re-start operations at its Chisel North mine and concentrator in Snow Lake, Manitoba effective immediately, with full production expected in the second quarter of 2010. The re-start of operations at Snow Lake is expected to provide approximately 30,000 tonnes of zinc concentrate feed to the company’s Flin Flon zinc plant annually. The capital costs...
HudBay Minerals Inc. unveiled a new strategic plan with a two-pronged growth strategy. “HudBay will pursue a strategy defined by two broad themes,” Peter Jones, HudBay’s chief executive officer, told the company’s annual meeting of shareholders. One emphasis will be to optimize operations in HudBay’s traditional home base of Manitoba. “We will grow our principal...
Lions Gate Metals Inc. announce that the Company has completed their staking of the Poplar Project land claim with a total of 49,683 hectares surrounding both the Poplar and China Creek projects. These claims were staked to cover the entire potential porphyry copper body in the region. Work has commenced on the Poplar/China Creek project to prepare the property for the permit application process in...
Adanac Molybdenum Corporation announces the results for 10 holes from its Ruby Creek 2007/2008 diamond drilling program. 2007/2008 Diamond Drill Program The program includes 60 holes starting at AD-372: AD-372 to AD-374 results previously reported on September 13, 2007 AD-375 to AD-383 results previously reported on July 10, 2008 AD-384 to AD-393 condemnation holes AD-394 to AD-402...
Adanac Molybdenum Corporation was advised by the Government of Canada on September 29, 2008, that its Ruby Creek Molybdenum Open Pit Mine Project in northern British Columbia has changed permitting for production from a “Comprehensive Study” to a “Screening Level Assessment”. The Project is permitted for construction by the Government of British Columbia and Adanac is currently...
Adanac Molybdenum Corp. announces it has awarded Supreme Steel Ltd. of Edmonton, Alberta the fabrication of the Ruby Creek Project Power Plant Building, Crusher Building, Process Building and Maintenance Building, at a total cost of approximately $26 million. The order includes building steel frames, some interior platforms, doors and cladding, which will be fabricated at Supreme’s Edmonton and...
Adanac Molybdenum Corp. announce that the Province of British Columbia has created a fish habitat reserve which prohibits claim staking in the Upper Pine Creek drainage of the Surprise Lake watershed. The reserve will facilitate the Ruby Creek Mine Project fish habitat compensation program, required by the Government of Canada, for tailings impoundment permitting. The reserve is expected to provide...
Adanac Molybdenum Corp. is pleased to announce, effective August 01, 2008 that the Board of Directors has approved the appointments of: Peter R. Jones – Chairman, President and Chief Executive Officer Christopher C. Kirby – Vice President and Chief Financial Officer Kenneth W. Calligar – Vice President Finance Mr. Jones P. Eng., has 38 years of extensive experience in the mining industry...
Drilling results include 211.68 metres grading 2.41 g/t Au, 91.63 metres grading 2.16 g/t Au, 55.90 metres grading 5.99 g/t Au and 11.30 metres grading 5.05 g/t Au Toronto, Canada ”“ January 23, 2007 – Banro Corporation is pleased to announce further results from the Company’s core drilling program at its wholly-owned Twangiza project, located on the Twangiza-Namoya gold belt in...
Banro Corporation is pleased to announce further results from the Company’s core drilling program at its wholly-owned Twangiza project, located on the Twangiza-Namoya gold belt in the Democratic Republic of the Congo. Assay results have been received for an additional 11 core holes drilled at Twangiza. This completes the initial core drilling program of 71 holes totalling 17,065 metres. Read More →