Fednav ships to serve Strange Lake
Quest Rare Minerals (TSX: QRM) has signed a non-binding memorandum of understanding with Montreal-based Fednav to develop and deliver shipping solutions for the Strange Lake REE project in northeastern Quebec.
News
Roxgold awards underground mining contract
African Underground Mining Services (AUMS) has signed a four-year deal to provide a mining fleet and skilled labour for Roxgold’s (TSXV: ROG; US-OTC: ROGFF) Yaramoko gold project in Burkina Faso.
Jacobs Engineering Group opens Nevada office
With an eye toward Nevada’s mining industry, professional services firm Jacobs Engineering Group (NYSE: JEC) has announced it will open an office in Elko.
De Beers the jewel of Anglo American as iron-ore price drops
Other diversified mining giants have had second thoughts about diamonds, but Anglo American (US-OTC: AAUKY; LSE: AAL) never seemed in doubt about its interest in De Beers — the world’s largest diamond miner by value.
Agnico Eagle’s ‘exciting’ Amaruq discovery in Nunavut
VANCOUVER — It’s not a market where producers discuss exploration-stage plays often, but Agnico Eagle Mines (TSX: AEM; NYSE: AEM) can’t contain its excitement over the Amaruq gold prospect, 50 km northwest of its Meadowbank…
Roxgold finances Yaramoko
Roxgold (TSXV: ROG; US-OTC: ROGFF) has de-risked its Yaramoko project in Burkina Faso with a US$75-million debt-financing package from several European banks, and a US$15-million equity investment from its underground mining contractor in…
Balmoral expands Grasset nickel-copper-PGM discovery
Balmoral Resources (TSX: BAR; US-OTC: BALMF) has more than doubled the strike length and depth of the high-grade Horizon 3 zone at its Grasset nickel-copper-platinum group metals (PGM) project in Quebec. Grasset is about 200 km north of…
Ross Middleton on boosting productivity, returns
“Productivity is the prime imperative for the mining industry of the decade or decades to come,” Ross Middleton, a partner with the Boston Consulting Group (BCG), told attendees at Mining Magazine’s “Optimizing Mine…
East Africa Metals defines Adyabo in Ethiopia
Pleased with results from recent drilling at its Adyabo gold-copper project in Ethiopia, Canaco Resources spinoff East Africa Metals (TSXV: EAM; US-OTC: EFRMF) is starting a 6,000-metre diamond-drilling program to define several mineralized…
Amara Mining boosts Yaoure resource
Amara Mining (TSX: AMZ) has increased the gold ounces and grade at its wholly owned Yaoure project in Côte d’Ivoire based on 70 diamond drill holes and 35 reverse-circulation holes drilled so far this year.
Yamana keeps the drills close to home, as it looks for ‘higher-quality ounces’
VANCOUVER — Yamana Gold (TSX: YRI; NYSE: AUY) says the best return on its exploration capital will be realized through brownfield initiatives at its producing mines. The company is in the midst of a $75-million program to “unlock…
Monarques builds critical mass
Over the last 18 months, Monarques Resources (TSXV: MQR; US-OTC: MRQRF) has taken advantage of the depressed capital markets to accumulate 13 gold properties on the cheap in Val-d’Or, Que.