Executives and shareholders of foreign mining companies who slept soundly over the past few years thinking they had smartly navigated the murky waters of Argentine politics, regulations and tax policy got a rude awakening in late October.
Agnico-Eagle Mines (AEM-T, AEM-N) has posted a US$81-million net loss for the third quarter following the writeoff of its Goldex gold mine in Quebec.
Iamgold (IMG-T, IAG-N) has agreed to buy a minority interest in two junior explorers with porphyry-gold-copper projects in Colombia’s highly prospective Middle Cauca belt south of Medellin.
Several months have passed since Bear Creek Mining (BCM-V) made headlines for all the wrong reasons, losing its Santa Ana silver project in Peru following extended and sometimes violent protests.
In an unusual move, two firms from traditional rivals China and Japan have teamed up to buy Alberta coal producer Grande Cache Coal (GCE-T) at a hefty premium, despite choppy times for the metallurgical coal industry.
Future export revenues from mining operations in Argentina will have to be repatriated and converted to Argentine currency before being distributed either locally or back overseas, according to a new law. Distributing the earnings overseas will…
What a difference a year makes.
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 24, 2011 (change from Oct. 17 in brackets):
The story of EKATI Diamond Mine began in 1981, when geologist Charles Fipke found diamond indicator minerals near Blackwater Lake on the east side of…
On Nov. 6, 1991, the latest edition of The Northern Miner was on its way to bed when our fax machine spit out one page…
Construction activities at Lucara Diamond’s (LUC-T) AK6 diamond mine in Botswana continue largely on track and on budget despite a two-month delay this summer. South…
Centerra Gold (cg-t) posted solid third-quarter results, with profits soaring nearly 400%.
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