CEO interview: Rubicon’s Winship discusses Phoenix error
Michael Winship, a mining engineer, joined the board of Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) in 2011 and was appointed the company’s interim-president and CEO…
Financial Matters, M&A
Rubicon’s Phoenix unlikely to rise again
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) says there is “significant doubt” that it can continue as a going concern. The junior has breached a technical…
NuLegacy acquires 100% of Iceberg beside Goldrush
NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) has consolidated the Iceberg gold deposit in Nevada, with plans to keep drilling the asset ahead of calculating a maiden…
Rio Tinto could be ready for a Turquoise Hill takeover, analysts say
VANCOUVER — It’s not a secret that many in the mining community are pretty bullish on copper’s long-term prospects. There’s some disagreement over the timeline…
Escobal is Tahoe’s ‘solid foundation,’ CEO says
Tahoe Resources (TSX: THO; NYSE: TAHO) has made a recent foray into the gold industry with a pair of acquisitions, but the asset that has…
PDAC 2016: Canadian bankers ponder future of mining finance
Debt, balance sheet repair and available financing were the main themes of a panel discussion on capital markets at the Prospectors & Developers Association of…
Endeavour to grow in West Africa with True Gold offer
VANCOUVER — Endeavour Mining (TSX: EDV; US-OTC: EDVMF) CEO Neil Woodyer describes his growth strategy as “buy and build,” and his company is doing a bit…
Continental Gold confirms Buritica’s strong economics
A feasibility study on Continental Gold’s (TSX: CNL; US-OTC: CGOOF) Buritica gold-silver project in Antioquia, Colombia, confirms strong economics for a high-grade underground mine. BMO analyst…
Fission heats up PLS with twin ‘book-end’ discoveries
VANCOUVER — Fission Uranium (TSX: FCU; US-OTC: FCUUF) is back in the discovery business at the Patterson Lake South (PLS) uranium project in Saskatchewan’s Athabasca Basin following a year filled with uncertainty.
Secova’s Kitchen looks to repeat success in Quebec
Chairman and CEO Bradley Kitchen and his team at Secova Metals (TSXV: SEK; US-OTC: SEKZF) hope that returning to a familiar jurisdiction can lead to a new exploration success story. The company is gearing up to start geophysical work…
Strong greenback hits US producers
Noranda Aluminum Holding Corp.’s (US-OTC: NORN) Chapter 11 filing this week underscores the challenges facing the industry south of the border.
Editorial: BHP slashes dividend 75%, braces for prolonged downturn
It was the last, biggest and most vocal defender in the mining industry of maintaining the status quo with respect to its generous dividend policy, but BHP Billiton has finally succumbed to industry-wide trends and deeply cut its dividend, and…