News

Inca Pacific, partner explore in shadow of Antamina

Promotion is an undercurrent of the mining business, and companies often boast that their project has geological similarities to the world-class one down the road or over the hill. To some degree, thi…


Ruling the world

The song says everybody wants to rule the world, but in reality most people are too busy working and raising families. Some might be tempted, only to realize that others are better-qualified. Some mig…


A commitment to Yukon mining

The Yukon remains a small and specialized economy dependent on mining. Although there has been an increase in the size of government and increased economic diversification, mining remains the most imp…


Quebec greenlights Niocan’s Oka project

Quebec’s Ministry of Natural Resources has granted a mining permit to Montreal-based Niocan (NIO-T) for the Oka niobium project, west of Montreal.A feasibility study, completed two years ago, proposes…



Potash Corp earnings steady

Thanks to stronger demand for potash and higher nitrogen prices, Potash Corp. of Saskatchewan (POT-T) turned a tidy profit in the second quarter.Net earnings in the three months ended June 30 topped U…


Record production at Sadiola Hill

On the strength of record production at the Sadiola Hill gold mine in western Mali, Iamgold (IMG-T) posted a profit of US$4.7 million (US6 per share) on revenue of US$17.6 million for the three month…


SPC finances Toquepala

Southern Peru Copper (PCU-N) has raised US$30 million, through the sale of bonds, to finance an expansion of the Toquepala open-pit copper mine and modifications to the Ilo smelter.The bonds, due in J…




Mining only bright spot as CDNX index slides

Six months ago dot-coms were the darlings of western markets, and mining stocks were sickly wallflowers. That didn’t seem to be case for the week ended Aug. 1, when Canada’s junior exchange posted los…



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