Eldorado improves economics at Certejin Romania
Eldorado Gold (TSX: ELD; NYSE: EGO) has released a feasibility study on its 80.5%-held Certej project in central Romania, showing modest returns that are in-line with analyst expectations.
News
Lundin faces scrutiny in Chile
Less than a year after Lundin Mining (TSX: LUN) acquired an 80% stake in Freeport-McMoRan’s (NYSE: FCX) Candelaria copper mine in Chile in a deal worth $1.8 billion, a Chilean environmental regulator has filed charges against the…
TSX closes in the red, May 25-29
Concerns of a shrinking economy drove Canada’s main stock index down 1.2% to close at 15,014.09. The S&P/TSX Capped Diversified Metals & Mining Index decreased 2.7% to 727.52, and the S&P/TSX Global Mining Index retreated 1.7%…
Aureus beats Ebola to pour first gold at New Liberty
Just a month and a half behind schedule and three weeks after the World Health Organization (WHO) marked the end of the Ebola outbreak in Liberia, Aureus Mining (TSX: AUE; LSE: AUE) celebrated the first gold pour at its New Liberty open-pit…
EduMine’s Simon Houlding wins Vale medal
Growing up in Zimbabwe after World War II, completing an engineering degree at the University of Witswatersrand in Johannesburg, and working at Jones & Wagener, a specialist firm of consulting engineers and scientists based in South Africa,…
Kidnappings highlight miners’ security risks
In the first four months of this year alone, kidnapping incidents have touched Torex Gold Resources (TSX: TGX; US-OTC: TORXF) and Goldcorp (TSX: G; NYSE: GG) in Mexico’s Guerrero state, and Pan African Minerals’ Tambao manganese…
Suppliers news: Amec Foster Wheeler gets more work at Copler in Turkey
Amec Foster Wheeler has been awarded the initial phase of an engineering, procurement and construction contract for the sulphide expansion project at Alacer Gold’s (TSX: ASR) 80%-owned Copler gold mine in eastern Turkey.
Suppliers news: Superior Industries buys Miramichi based MFE Manufacturing
Superior Industries, a U.S.-based manufacturer and supplier of bulk material processing and handling systems, has acquired Miramichi-based MFE Manufacturing.
Letter to the editor: Fond memories
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Red Chris delay sends Imperial back to the market
In danger of breaking a loan covenant because of a slow ramp-up at its Red Chris copper-gold mine in northwestern B.C., Imperial Metals (TSX: III; US-OTC: IPMLF) is turning once again to its largest shareholders for financial help.
Midway runs into trouble at Pan mine
Midway Gold (TSX: MDW; NYSE-MKT: MDW) has hit a rough patch, less than two months after it initiated production at its Pan gold heap-leach mine in Nevada.
First Quantum unveils US$1.4B equity raise
First Quantum Minerals (TSX: FM; US-OTC: FQVLF) plans to raise US$1.4 billion through a public offering — increasing the company’s outstanding shares to 689 million.