In late December 2001, Inmet Mining (IMN-T) announced that it would acquire 100% of the Pyhäsalmi underground copper and zinc mine in central Finland for about 60 million euros (US$83 million).The transaction was completed in early 2002…
SITE VISIT ASMARA, ERITREA — Despite brimming with geologic promise because of its location within the prolific Arabian-Nubian Shield, Eritrea has remained underexplored for years.Continued violence and turmoil in the young nation left the…
The Thunder Bay North nickel-copper- platinum group metals (PGM) project in northwestern Ontario is a greenfields success story, and one of a series of higher-grade, base metal-PGM discoveries in the mid-continental rift region that wraps…
With the global economic recovery still facing strong headwinds, The Northern Miner surveyed six metals experts on where they think gold prices are headed this year and next, and why.John Embry, chief metals strategist at Sprott Asset…
VANCOUVER — Tough economic times and reduced access to capital will force companies to narrow their exploration efforts on “best-of-breed” mineral deposits, commodity experts told delegates at Roundup 2010, a recent conference sponsored by the…
SITE VISIT MARATHON, ONT. — Named after a paper mill company that created jobs and sparked a population boom about 65 years ago, Marathon is now a town dwindling in size with a hurting economy.Marathon Pulp shut suddenly last year putting…
VANCOUVER — Labrador Iron Mines Holding’s (LIM-T) is well on its way to opening a direct-shipping iron ore (DSO) mine near Schefferville, Que., Newfoundland and Labrador, The provincial cabinet has now given the project final environmental…
Mining has been an integral part of British Columbia’s economy for more than 150 years. The industry was a strong performer again in 2009 with value of solid mineral production of about $5.7 billion from eight metal mines, nine coal mines and…
The Minister for Natural Resources and Wildlife, Serge Simard, unveiled the first mineral strategy for Quebec on June 29, 2009. This strategy is based on three major policy directions: creating wealth…
Like most sectors of the global economy, Manitoba’s mining industry was negatively affected by the economic downturn that gripped the world in the latter half of 2008 and in 2009. After experiencing u…
As of February 2010, diamond drills are being mobilized and dormant projects are being revived. This is markedly different from the start of 2009, when the global economic downturn battered exploratio…
As Nunavut celebrated its 10th anniversary as a territory, the exploration and mining industry had reason to be encouraged in 2009 as well. Despite a challenging economy, Nunavut saw the construction …
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