News


Argonaut dips despite good Q1 production results

Toronto-based Argonaut Gold (TSX: AR; US-OTC: ARNGF) reported slightly higher first-quarter production from its two gold–silver mines in northern Mexico, but that wasn’t enough to pick up the junior’s recently declining stock,…


A ship receives a load at Rio Tinto's Pilbara iron-ore mining complex in Australia. Credit:  Rio Tinto

Rio Tinto struggles with Pilbara iron ore, Oyu Tolgoi

VANCOUVER — Despite setting production records during the first quarter, Rio Tinto (NYSE: RIO; LSE: RIO) is not off to the best start to 2014. The company struggled with bad weather at its iron-ore operations in Western Australia,…



A driller at Dalradian Resources' Curraghinalt gold project in Northern Ireland. Credit: Dalradian Resources

Dalradian boosts Curraghinalt in Northern Ireland

VANCOUVER — According to CEO Patrick Anderson, explorer Dalradian Resources (TSX: DNA) has developed a “superior geological model” at its Curraghinalt lode-gold deposit 127 km west of Belfast, Northern Ireland, that is…


Editorial: Diamonds a lodestar in Canadian mining firmament

While much of the global mining industry has been limping along under sagging commodities prices and looming oversupply, one of the brightest spots has been the Canadian diamond-mining industry, which has weathered its wild, rocky youth and…



Augusta Resource president and CEO Gil Clausen.

Augusta’s Clausen on Hudbay bid, other suitors

Nine interested parties — including a number of “significant industry players” — have signed confidentiality agreements to review the Rosemont copper project in Arizona, Augusta Resource (TSX: AZC; NYSE-MKT: AZC) says.


Correction

The story “NovaCopper boosts resources at Bornite” (T.N.M., March 31–April 6/14) incorrectly stated the inferred contained copper figures for both the in-pit and below-pit estimates at Bornite, which were stated in millions…



Machinery in action at Kinross Gold's Tasiast gold mine in western Mauritania, 300 km north of the capital Nouakchott. Credit: Kinross Gold

Kinross cuts Tasiast expansion costs

Kinross Gold (TSX: K; NYSE: KGC) has slashed the projected start-up costs of a mill expansion project at its Tasiast gold mine in Mauritania by 41% to US$1.6 billion, as shown in a new feasibility study, but intends to wait until 2015 before…



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