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Jay pipe could add 11 years to Ekati diamond mine
Source: Daily News | 2015-01-30
Dominion Diamond’s (TSX: DDC; NYSE: DDC) prefeasibility study (PFS) for the Jay kimberlite pipe deposit shows it could add 11 years to its Ekati diamond mine in the Northwest Territories.
Baja Mining's Boleo plant produces first copper
Source: Daily News | 2015-01-30
When Tom Ogryzlo replaced John Greenslade as head of Baja Mining (TSXV: BAJ) in May 2012, the company and its then 70%-owned copper-cobalt-zinc Boleo project in Mexico were in freefall—reeling from hundreds of millions of dollars in cost...
Azarga cuts initial capex 50% in Dewey Burdock PEA
Source: Daily News | 2015-01-30
An upgraded resource estimate that confirms its flagship Dewey Burdock in-situ recovery uranium project is the highest-grade ISR project among its North American peers, and a revised preliminary economic assessment that has cut the project's...
Analysts get bullish on Klondex's Fire Creek mine
Source: Daily News | 2015-01-29
With two producing underground mines in Nevada, plans to spend $33 million on exploration and development in 2015, and a goal of growing production to 150,000 gold equivalent ounces within five years, one could argue Klondex Mines (TSX: KDX;...
Oil slump spells uncertainty for fracking, frac sand
Source: Print Archives | 2015-01-28
The decline in oil and gas prices has clouded the outlook for 2015, particularly for oilfield service providers, including pressure pumping firms, which make most of their revenue from fracturing. 
Mining industry revisits anti-corruption procedures
Source: Print Archives | 2015-01-28
Mining companies should take note of Canada’s stricter penalties and more aggressive enforcement of anti-corruption laws and make sure their anti-bribery compliance procedures are up to speed, lawyers, forensic accountants and mining...
Hecla contemplates open-pit revival at San Sebastian
Source: Print Archives | 2015-01-28
VANCOUVER — U.S. silver outfit Hecla Mining (NYSE: HL) could be on the verge of adding a new asset to its near-term production profile after a 2014 drill program at its San Sebastian property in Durango, Mexico. The company briefly...
Telfer dazzles at Mining Hall of Fame soirée
Source: Print Archives | 2015-01-28
For those lucky enough to get a seat at this year’s sold-out Canadian Mining Hall of Fame dinner in Toronto on Jan. 15, inductee Ian Telfer did not disappoint. Within moments of taking the stage, donning a pair of gold-hued shoes, the...
U.S. equities march higher, Jan. 20-23
Source: Print Archives | 2015-01-28
U.S. stocks snapped a three-week losing streak to close the abbreviated trading week higher. The Dow Jones Industrial Average gained 161.03 points, or 0.9%, to finish at 17,672.60, while the S&P 500 Index moved up 32.4 points, or 1.6%, to...
InvestX introduces miners to PE crowd-funding
Source: Print Archives | 2015-01-28
The $40-million investment that private equity firm Resource Capital Funds announced in privately held TMAC Resources and its Hope Bay gold project in Nunavut is exactly the kind of deal entrepreneur Marcus New wants to offer retail investors...


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