Metals commentary: Metal prices’ fall and the bin Laden effect
Friedrich Nietzsche opined that, in its essence, life is uncanny.
News
Bear Creek optimistic despite silver’s slide
As the New York spot price of silver quickly retreated to US$34.40 per oz. in early May from its 31-year high of US$48.70 on April 28, one of the formerly best-performing stocks in the junior silver space, Bear Creek Mining (BCM-V, BCEKF-Q),…
Auriga hits near-surface gold at Maverick project (May 16, 2011)
Shallow drilling has returned several high-grade intercepts for Auriga Gold (AIA-V) at its Maverick gold project in northwestern Manitoba.
Editorial: Silver leads commodities rout
Commodities investors felt the pain during the first week of May, as the killing of Osama bin Laden by U.S. Navy SEALs set off heavy selling in a wide spectrum of hard assets from precious and base metals to oil and gasoline.
CSR’s evolution: Dodd-Frank and the UK’s Bribery Act
Corporate social responsibility (CSR) is still a largely voluntary, loosely defined initiative in the resource-extraction industries, but pressures from a number of sources make it harder and harder to ignore.
Correction (May 16, 2011)
In last week’s feature on HudBay Minerals (HBM-T, HBM-N), we referred to the company’s Lalor project in Manitoba as a nickel-copper-gold-silver deposit, when it is in fact a gold-copper-silver-zinc deposit.
Aurizon sees productive year despite tough quarter (May 13, 2011)
Vancouver – A combination of low grades and machine troubles led to a difficult quarter for Aurizon Mines (ARZ-T, AZK-X), but the company reports that it expect to return production to normal as it also embarks on extensive exploration plans.
Aureus offers Toronto investors new play on Liberia
Fresh of its initial public offering Aureus Mining (AUE-T) has raised more cash to push ahead on a feasibility study at its flagship New Liberty project in western Liberia. The London-based miner only began trading in Toronto in mid-April, but…
Medoro Resources has big plans for Colombia
It’s shaping up to be a busy year for Medoro Resources (MRS-T). A preliminary economic assessment of developing a large-scale open-pit gold and silver mine at its Marmato project in Colombia is expected before the end of May and an updated…
Plan Nord makes Quebec an even better place to mine
Up until about two months ago, management at Western Troy Capital Resources (WRY-V) thought the company might have to come up with as much as $70 million in a public-private cost-sharing partnership to build the Otish Mountain Road, which will…
Stan Bharti explains Forbes & Manhattan’s market success
Vancouver – Hitting it big with one company during a career spanning more than two decades in the public mining sphere is certainly commendable. Two big market successes might even be considered remarkable. When it reaches three or more,…
lonore could be Goldcorp’s next gem
In one of the world’s most attractive mining jurisdictions lies Goldcorp’s (G-T, GG-N) Éléonore gold project in the northeast corner of the Opinaca reservoir in Quebec’s James Bay region.