Daily News

Asian Mineral capitalizes on first-mover status in Vietnam

VANCOUVER — It’s been a long journey for Asian Mineral Resources (TSXV: ASN; US-OTC: AIERF) at its Ban Phuc nickel-sulphide project, 160 km west of Hanoi in Vietnam’s Son La province, but the company’s patience is about...
Dec 17, 2014 12:00AM

AME BC announces 2014 award winners

The Association for Mineral Exploration British Columbia (AME BC) has announced the recipients of its annual awards for 2014.
Dec 17, 2014 12:00AM

Cash preservation is the name of the game at Alderon

With iron ore prices off 49% year-on-year at US$71 per tonne, Alderon Iron Ore (TSX: ADV; NYSE-MKT: AXX) says it has no choice but to start a “comprehensive” cash preservation program.
Dec 17, 2014 12:00AM

Yamana recruits former Augusta execs to head Brio Gold

Looking to wring more value out of its non-core assets in Brazil, Yamana Gold (TSX: YRI; NYSE: AUY) is creating a 100%-owned subsidiary named Brio Gold.
Dec 17, 2014 12:00AM

Despite exceptional stone tenders, Lucara takes conservative stance at Karowe

VANCOUVER — It’s been a two-year run for producer Lucara Diamond (TSX: LUC; US-OTC: LUCRF) at its Karowe mine in Botswana, and the company isn’t showing any signs of slowing down. On Dec. 9 Lucara released its operating...
Dec 17, 2014 12:00AM

Dundee: Gold miners continue to wrestle with costs

VANCOUVER — Cost optimization has been an underlying theme for gold miners over the past few years. Falling metal prices and frugal capital markets have made it hard to balance sustainable production growth and strong profit margins. In...
Dec 17, 2014 12:00AM

GoviEx pitches Madaouela uranium project in Niger

Before listing on the Canadian Securities Exchange in June, the small corporate team at GoviEx Uranium (CSE: GXU) raised over $100 million privately to advance their Madaouela uranium project in Niger.
Dec 17, 2014 12:00AM

Fact 'n' figures: Citigroup favours palladium for 2015

Palladium mine supply production this year will fall to 5.9 million oz. — its lowest level in nearly 20 years, and an 8% drop from 2013 — while demand for the metal grows, Citigroup outlines in a Dec. 1 research report.
Dec 17, 2014 12:00AM

Aurcana improves operations at La Negra

VANCOUVER — It’s all about boosting near-term liquidity for silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) as it grapples with a high debt load and falling metal prices. On Dec. 1 the company released its...
Dec 17, 2014 12:00AM

Private equity fund invests in IMX's Ntaka Hill nickel project

Private equity deals have been fewer this year than many in the mining sector had hoped, given the declining fortunes of hundreds of cash-strapped mining companies. So when a deal is made, it tends to get noticed.
Dec 16, 2014 5:16PM

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