Headlines

Volume 101 Number 21

Jul 6 - 12, 2015

Iamgold cuts production outlook due to Westwood rock bursts

Toronto-based gold producer Iamgold (TSX: IMG; NYSE: IAG) has trimmed its 2015 company-wide production forecast by 5% due to a “localized seismic event” at its Quebec-based Westwood gold mine. Read More →


Editorial: Lonmin condemned in Marikana commission findings

The long-awaited report of the Judicial Commission of Inquiry into the Marikana mine massacre in Marikana, South Africa, has been released, and there’s plenty of finger pointing to go around.Read More →


Site visit: Geoscience BC's avant-garde treetop sampling

ANAHIM LAKE, B.C. — A typical work day for this Geoscience BC’s biogeochemical survey crew in west-central B.C. gets started with the smell of jet fuel and the high-pitched whir of a helicopter.Read More →


Molycorp strikes restructuring deal with creditors

In the first quarter of 2015, Molycorp (NYSE: MCP) reported higher production volumes from its Mountain Pass rare earth facility in California, and yet posted negative cash flow from operating activities of US$73 million and a loss attributable...Read More →


Royal Nickel receives main environmental permit for Dumont

Royal Nickel (TSX: RNX; US-OTC: RNKLF) says it will build what will be one of the largest nickel sulphide mines in the world at its Dumont project early next year, after securing a key environmental permit from the Quebec government.Read More →


GoviEx pushes Madaouela on the permitting front

GoviEx Uranium (CSE: GXU) is quietly advancing its large Madaouela uranium project, and expects to receive a mining permit by year-end, or early 2016. Read More →


Integra turns to crowdsourcing to find more gold

Integra Gold (TSXV: ICG; US-OTC: ICGQF) is getting creative with the treasure trove of data it acquired last year when it bought the past-producing Sigma-Lamaque mine and mill, near its Lamaque South gold project in Val-d’Or, Que. Read More →


Commentary: Safety first for a new generation of Cree miners

“Working underground for me is like working in your basement for you.” That’s the first thing Marcelin Bruneau tells the 12 young Crees sitting in front of him. That gets their interest.  “When I started mining in...Read More →


TSX inches up, June 22-26

Canada’s benchmark index added 1% to finish at 14,808.09, despite concerns rising over the Greek debt crisis. The S&P/TSX Capped Diversified Metals & Mining Index, however, slipped 0.8% to 695.56. The S&P/TSX Global Gold Index...Read More →


TSX Venture declines, June 22-26

The S&P/TSX Venture Composite Index closed in the red during the trading period, as the Greek debt crisis took a toll on markets and energy futures lost ground. In addition to falling oil prices, Canadian traders reacted to policy...Read More →


US markets move lower, June 22-26

U.S. stocks slumped as the Greek governmentmoved closer towards defaulting on  debt payments to the International Monetary Fund. The Dow Jones Industrial Average fell 0.4% to 17,946.68, while the S&P 500 Index also dropped 0.4% to...Read More →


PotashCorp aims to regain market influence with K+S bid

VANCOUVER — Canadian giant Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is considering a mega deal for Germany’s K+S Aktiengesellschaft that could materially change the landscape in the fertilizer...Read More →


Strike freezes production at Mandalay's Cerro Bayo mine

Mandalay Resources (TSX: MND) has suspended operations at its Cerro Bayo silver-gold mine in southern Chile, after unionized workers went on strike. Read More →


Barrick moves towards leaner structure

VANCOUVER — Earlier this year Barrick Gold (TSX: ABX; NYSE: ABX) outlined a “back to the future” strategy that would see it become a “leaner and more agile” operator, focused on a core portfolio of assets and...Read More →