HSBC cuts forecasts for iron ore prices

The current iron ore market “looks like a game of chicken where no player has blinked,” says the Hong Kong and Shanghai Banking Corporation.
Oct 23, 2014

Canadian Mining Hall of Fame to fete mining leaders 

The Canadian Mining Hall of Fame will honour four industry greats at its annual induction dinner on Jan. 15, 2015, in Toronto. This year’s inductees are Peter M.D. Bradshaw, Ronald K. Netolitzky, Ian Telfer and Mackenzie Iles Watson. The...
Oct 22, 2014

Editorial: Some satisfaction for Gold Reserve and Kinross 

"Never, never, never give up." More often than not in mining, this proves to be great advice.
Oct 22, 2014

Gold Reserve wins US$740M in 'stunning victory' against Venezuela 

It’s taken six years and over US$20 million in legal costs, but Gold Reserve (TSX: GRZ; US-OTC: GDRZF) has won US$740.3 million in compensation for the expropriation of its Brisas gold project by the Venezuelan government. It’s one...
Oct 22, 2014

Iron ore price collapse claims more victims 

Cliffs Natural Resources (NYSE: CLF) and London Mining (US-OTC: LIIGF; LSE: LOND) have become the latest casualties of falling iron ore prices, with Cliffs warning that it expects to record a US$6-billion non-cash impairment charge in the third...
Oct 22, 2014

Commentary: Plan Nord 2.0 and the creation of Société du Plan Nord 

On Sept. 30, 2014, the Quebec government, through its Minister of Energy and Natural Resources and Minister responsible for the Northern Plan, Pierre Arcand, tabled Bill 11, entitled the Act respecting the Société du Plan Nord.
Oct 22, 2014

Puma on the prowl near historic Brunswick mine 

Shares of Puma Exploration (TSXV: PUM; US-OTC: PUXPF) traded higher after the junior announced it  has acquired a 6.5 sq. km property with a newly discovered volcanogenic massive sulphide (VMS) zone just 6 km north of the No. 12 orebody at...
Oct 22, 2014

Mkango climbs on Malawi's REE potential 

It’s a little unusual for a Canadian junior to skip a preliminary economic assessment and proceed to the prefeasibility stage, but that strategy seems to have worked for Calgary-based Mkango Resources (TSXV: MKA), judging by the...
Oct 15, 2014

Fortune aims for near-term cash flow at Revenue 

VANCOUVER — According to president Robin Goad, Fortune Minerals’ (TSX: FT; US-OTC: FTMDF) acquisition of the fully permitted Revenue silver-gold-lead-zinc mine in southwestern Colorado is poised to take the company...
Oct 15, 2014

Silver miners under pressure to trim costs  

A 24% year-on-year drop in the average annual silver price in 2013 to US$23.79 per oz. and an average price for the precious metal of US$19.71 per oz. in the third quarter of this year continues to put pressure on silver producers.
Oct 15, 2014

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