Open innovation takes root
Mining companies and organizations are increasingly going outside of the industry and using open innovation platforms to find solutions to their challenges.
News
Commentary: The great mining brain drain
We are in the midst of a historic bear market, whose bite is clamping down harder with each passing year, squeezing the last remnants of optimism from those working within the mining sector. The only real comfort comes from knowing the cyclical…
Drones take productivity to new heights
In the face of one of the biggest downturns in the industry, cash-strapped miners and explorers are turning to unmanned aerial vehicle (UAV), or drone, technology as one way to help drive down costs, boost productivity and harness safety at…
Barrick pioneers cyanide-free processing at Goldstrike
Barrick Gold (TSX: ABX; NYSE: ABX) hit a major milestone late last year, after it poured its first cyanide-free gold bar at its Goldstrike operations in Nevada using nothing other than a common potato fertilizer.
PotashCorp cuts supply to match demand
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is lowering its potash production levels in response to weaker demand and fertilizer prices for the second half of 2015.
‘Ecuador is the place to be,’ Odin geologist says
QUITO, ECUADOR — Diego Benalcazar has worked all over Latin America — from Chile and Peru to Venezuela, Colombia and Mexico — but since mid-2013, the geologist has concentrated on finding projects in Ecuador as Odin Mining and…
UEX casts new light on Christie Lake uranium property
When Japanese-owned JCU Exploration sought a partner for its Christie Lake property, 9 km along strike of Cameco’s (TSX: CCO; NYSE: CCJ) McArthur River — the world’s largest uranium mine in Saskatchewan’s Athabasca basin…
Netolitzky’s Skeena seeks high grade at GJ
VANCOUVER — It’s taken NGEx Resources (TSX: NGQ; US-OTC: NGQRF) over three decades to bid farewell to its GJ porphyry copper-gold property, 60 km south of Dease Lake, B.C., but now the Chilean-focused explorer, along with majority…
Miners weigh in on green energy
Technologies in renewable energy sources such as wind, solar, hydroelectricity and bioenergy are improving, making them cheaper and attractive. However, lower commodity prices and tighter margins are among the barriers miners face when adopting…
Centerra breaks even in Q3, before US$18M hit at Kumtor
Centerra Gold (TSX: CG; US-OTC: CAGDF) has widened its third-quarter loss, but is reducing its annual cost guidance to reflect lower operating costs at its Kumtor gold mine in Kyrgyzstan.
Barrick, Agnico Eagle rise to the occasion
A slew of mining companies have recently rolled out their third-quarter financials, including Toronto-based gold miners Barrick Gold (TSX: ABX; NYSE: ABX) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM). Both firms published better than expected…
TSX edges lower, Oct. 23-29
The S&P/TSX Composite Index finished in negative territory, losing 0.6% to end at 13,791.88 points. The S&P/TSX Capped Diversified Metals & Mining Index dropped 10.6% to 411.68. The S&P/TSX Global Gold Index retreated 1.8% to…