Breakwater Resources Ltd
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ZINC-COPPER MINE: Nyrstar celebrates acquisition of Langlois mine
QUEBEC – The world’s largest zinc metal producer, Nyrstar of Zurich, Switzerland, is celebrating its acquisition of the Langlois zinc-copper mine 50 km from Lebel-sur-Quevillon by hosting a welcome event. Nyrstar acquired the property when it…
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Barrick Leads Top 40 List
The numbers have been crunched, the results tabulated, and CMJ is proud to announce this year’s top Canadian mining company is the world’s biggest gold producer, Barrick Gold. Thanks in part to the historic high price of gold, the company had…
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TAKEOVER: Breakwater agrees to Nyrstar offer
TORONTO – The directors of Toronto-based Breakwater Resources have approved an all-cash takeover of their firm by Nyrstar NV. Nyrstar is a global multi-metals business that produces zinc, lead, silver, gold and copper; it is headquartered in…
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FINANCING: Breakwater’s $30-M offering grows to $40-M overnight
TORONTO – Less than a day after announcing a $30-milllion bought deal, Breakwater Resources said it had increased the offering to $40 million. There is also an overallotment that, if fully exercised, will bring the total to $44.1 million. The…
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CANADIAN MINING PERSPECTIVE: Mines in Chile survive major earthquake
Everyone’s life could probably use a little shaking up once in a while, but we hope it won’t be a 8.8 earthqua…
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ZINC DEVELOPMENT: Langlois moves closer to reopening
QUEBEC — Stronger zinc prices have Breakwater Resources of Toronto making plans to reopen its Langlois z…
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CANADIAN MINING PERSPECTIVES: Budget cuts go global
At the risk of being the bearer of even more bad news, I have been watching the world’s mining industry react to th…
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MINE CLOSURE: Breakwater suspends mining at Langlois and Myra Falls
TORONTO BREAKWATER RESOURCES has temporarily suspended operations at both the Langlois zinc-copper mine in northe…
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CANADIAN MINING PERSPECTIVES: Closures reflect falling metals demand
Sliding metals prices are taking their toll on Canadian mines. Over the last week, five companies have announced cl…
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CANADIAN MINING PERSPECTIVES: Breakwater bails out Blue Note
Zinc miners are struggling these days as the price languishes. We reported a week ago that Montreal-based BLUE NOT…
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MERGER UPDATES – Sherritt/Royal Utilities, Teck Cominco/Global Copper and Breakwater/Metco
The world of mining mergers continues to spin out news, including these three items.
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BASE METAL MINING – Breakwater sets 2008 capex spending at $105M
TORONTO – BREAKWATER RESOURCES has plans to spend $105.4 million on capital projects at the company’s operations.
