HudBay to Suspend Operations at Its Chisel North Mine and Snow Lake Concentrator

HudBay Minerals Inc. has determined that it will suspend operations at its Chisel North mine and concentrator in Snow Lake, Manitoba due to depressed prices of base metals, and the economic downturn. The company will place both the mine and concentrator under care and maintenance until economic conditions warrant re-evaluation. “We recognize this will be difficult for Snow Lake, and we’re... 

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Teton Energy Corporation Announces Williston Basin Participation Agreement

Teton Energy Corporation and the other working interest owners at the Goliath Prospect (American Oil & Gas, Inc. (50%), Sundance Energy Australia Limited (5%) and privately held Evertson Energy Partners LLC (20%) have signed a participation agreement with Red Technology Alliance LLC (“RTA”), which gives RTA the option to fund 100% of the drilling, completion and equipping of up to... 

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Rolling Rock Commences Drilling At the Domain Project

Rolling Rock Resources Corporation has commenced a 3,000 metre diamond drilling program on its 65% owned Domain Gold project in Northern Manitoba, Canada. The approximately 20 hole program is a follow up to the successful drilling campaign completed in early 2008. The initial targets will test the westerly extension of the B zone. The B zone is currently defined by drilling over a strike length of... 

Gentor Announces Inferred Mineral Resource Estimate of 5.7 Million Tons Grading 0.15% Moly at its IMA Project in Idaho

GENTOR RESOURCES, INC. announce that the Company has established an Inferred Mineral Resource estimate at its IMA Mine project in Idaho of 5.7 million tons grading 0.15% Mo. Included in this estimate is 720,000 tons of material grading greater than 0.20% Mo and averaging 0.235% Molybdenum. Wardrop Engineering Inc. estimated the mineral resource using Gemcom Vers 6.1.3. This Inferred Mineral Resource... 

Mustang Builds Project Development Team

The Board of Directors of Mustang Minerals Corp. is pleased to announce the appointment of Ian Ward P.Eng as Senior Vice President of Mustang. Mr. Ward’s primary role, commencing in September 2008 will be to oversee the completion of a positive feasibility study for the Maskwa Nickel Project located near Lac du Bonnet Manitoba, and subsequently to drive the project financing and development effort. Ian... 

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Kevin Strong Appointed CFO of Trigon Uranium Corp. and Intercontinental Potash Corp

Mr. Kevin Strong, CGA, CIM has been appointed Chief Financial Officer of the Company, and also Intercontinental Potash Corp. Previously, Sidney Himmel was the acting CFO of the companies. From 1999 to 2007, Mr. Strong was the Manager of the Winnipeg Office of the TSX Venture Exchange . Prior to this, he was the Manager of Marketing and Operations at the Winnipeg Stock Exchange. Mr. Strong holds a Bachelor... 

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TSX Review of Jaguar Nickel Inc. (JNI)

TSX has determined to defer its decision to delist Jaguar Nickel Inc.’s common shares (Symbol: JNI). TSX expects to render its decision whether to lift the continued listing review or delist the Company’s common shares no later than Friday April 4, 2008. Until such time, the Company’s common shares, which were being reviewed on an expedited basis, will be reviewed pursuant to the... 

Canadian wind energy seen adding C$1 bln to GDP

Wind energy is expected to contribute more than C$1 billion ($890 million) to Canada’s gross domestic product in 2006, up from C$736 million in 2005, an industry spokesman said on Tuesday. “(Last year) was a record year for the wind industry. There was added capacity, and 2006 is going to be another record year,” Canadian Wind Energy Association spokesman Sean Whittaker told Reuters... 

Canada Doubles Wind Energy Projects From 2005

Wind farm construction in Canada doubled in 2006 from a year ago, enabling it to power 370,000 homes with the renewable energy, Canadian Wind Energy Association President Robert Hornung said Monday. “We project that Canada will end the year with more than 700 MW of new wind energy projects installed,” Hornung said. More than 500 MW of wind energy capacity has been built this year in Canada,... 

Canadian wind energy seen adding C$1 bln to GDP

Manitoba – Wind energy is expected to contribute more than C$1 billion ($890 million) to Canada’s gross domestic product in 2006, up from C$736 million in 2005, an industry spokesman said on Tuesday. “(Last year) was a record year for the wind industry. There was added capacity, and 2006 is going to be another record year,” Canadian Wind Energy Association spokesman Sean Whittaker...