News

Augusta Resource's Rosemont copper project  in Arizona. Credit: Augusta Resource

Augusta blasts Hudbay’s ‘lowball’ hostile bid

Augusta Resource’s (TSX: AZC; NYSE-MKT: AZC) board calls the unsolicited takeover offer by Hudbay Minerals (TSX: HBM; NYSE: HBM) “grossly opportunistic” and “lowballed,” and urges shareholders to reject the…


Looking south towards the Crux Zone at Atacama Pacific Gold's Cerro Maricunga Oxide gold deposit in northern Chile. Credit: Atacama Pacific Gold

Atacama Pacific Gold grows Cerro Maricunga

Over the last three years, Atacama Pacific Gold (TSXV: ATM; US-OTC: ACPGF) has advanced its Cerro Maricunga gold deposit in northern Chile from a grassroots discovery to one of the largest undeveloped oxide gold deposits in the world, with 3.5…


AuRico cuts costs as Young-Davidson takes the next step

VANCOUVER — As lower realized gold prices become the norm producers have received a clear message from markets: cut the fat and boost the margins. And AuRico Gold (TSX: AUQ; NYSE: AUQ) is aiming to move in that direction as it implements…


Centerra Gold's Kumtor gold mine in Khyrgyzstan, one of the largest gold mines in Central Asia. Credit: Centerra Gold

Centerra closer to restructuring Kumtor’s ownership

Centerra Gold (TSX: CG; US-OTC: CAGDF) says Kyrgyzstan’s parliament has passed a resolution that appears to support the new ownership structure for the country’s largest gold mine, despite several “materially…


Cliffs Northshore mine near Babbitt, Minnesota. Credit: Cliffs Natural Resources

Cliffs puts the brakes on spending, swings to Q4 profit

On his second day on the job at Cliffs Natural Resources (NYSE: CLF) three months ago, newly appointed president and chief operating officer Gary Halverson shelved the company’s $3.3-billion plan to build a chromite mine in the Ring of…



The exploration camp at Agnico Eagle Mines' Meliadine gold project near the western shore of Hudson Bay in Nunavut's Kivalliq region, 25 km north of Rankin Inlet. Credit: Agnico Eagle Mines

Agnico up on strong production, despite huge writedown

Agnico Eagle Mines (TSX: AEM; NYSE: AEM) kept its shares in the green after revealing strong operational results in the fourth quarter and full-year 2013, despite swallowing a huge impairment charge that weighed on earnings.


Correction

The story “Newmont sees rough road this year” (T.N.M., Feb. 10–16/14) incorrectly reported Newmont Mining’s 2014 production guidance as 4.4 to 4.8 million oz. gold. Newmont’s attributable production guidance for…



Drilling at Excelsior Mining's Gunnison copper project in Arizona, 105 km southeast of Tucson. Credit: Excelsior Mining

Excelsior’s strong economics at Gunnison create market stir

VANCOUVER — Excelsior Mining (TSXV: MIN) took its time with a prefeasibility study (PFS) at its Gunnison copper project in southern Arizona, but when the company finally unveiled its results on Jan. 17, the market took notice. Excelsior…



Surface facilities at the Botija area at First Quantum Minerals' Cobre Panama copper project in Panama. Credit: First Quantum Minerals

First Quantum expands on Inmet’s vision at Cobre Panama

In an era when investors are demanding leaner budgets and more efficient projects, First Quantum Minerals (TSX: FM, LSE: FQM) is going old school. The company says the economics of the recently acquired Cobre Panama copper project in…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close