Asanko pours first gold in Ghana
Asanko Gold (TSX: AKG; NYSE-MKT: AKG) has started gold production at its namesake mine in Ghana, becoming the newest mine in the West African country.
News
Plateau Uranium making strides at Macusani
Five corporate transactions over eight years and a steady pace of consolidation and resource growth have laid the groundwork for an updated preliminary economic assessment (PEA) of the Macusani project in southern Peru that would place it in…
Analysts give thumbs up to Detour’s new mine plan
A revised life-of-mine (LOM) plan that incorporates an additional mine face, enhances flexibility and further de-risks Detour Gold’s (TSX: DGC) Detour Lake gold mine in northeastern Ontario has elicited a round of applause from analysts…
Aston Bay strikes exploration deal with BHP
BHP Billiton’s (NYSE: BHP) Canadian subsidiary has signed a letter of intent to fund exploration on Aston Bay Holdings’ (TSXV: BAY) Storm copper property, in Somerset Island, Nunavut.
Letter to the editor: Reliable access vs. reliable understanding
While Mr. Dirom’s recent opinion piece, “BC explorers need reliable access to land to make discoveries (T.N.M., Jan. 25–31, 2016)” raises valid concerns, he offers only the same tired and outdated responses that actually…
PotashCorp suspends its newest mine in NB
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is indefinitely suspending its new Picadilly potash mine in New Brunswick to lower its company-wide costs — dismissing roughly 430 workers.
KWG turns to China for help in Ring of Fire
A railway design and engineering company named China Railway First Survey & Design Institute Group Co. (FSDI) and owned by China Railway Construction, one of China’s three major state-owned rail groups, is teaming with KWG…
Moody’s puts 55 miners on review for downgrade
Moody’s Investors Service has put the credit ratings of 55 mining companies under review due to poor market conditions, noting this downturn marks a “unprecedented shift” for the mining industry.
TNM Roundtable: Leaders debate industry’s return on investment
Industry leaders weighed in on whether the mining sector has performed poorly on its return on investment (ROI), and what can be done about it, at The Northern Miner’s roundtable discussion in Toronto in mid-January. The roundtable…
TSX rises on higher oil prices, Jan. 18-22
The Toronto stock market ended in positive territory, as oil prices strengthened and investors considered possible monetary easing by central banks in Europe and Japan. The S&P/TSX Composite Index rose 2.6% to close at 12,389.58. The…
Site visit: Western Copper sees Casino as an economic driver in the Yukon
WHITEHORSE, YUKON — It may not be the best time to develop a bulk-tonnage mining operation, but Western Copper and Gold (TSX: WRN; NYSE-MKT: WRN) is sure that the Casino copper-gold deposit will be one of the first projects off the…
Baja says commercial production is around the corner at Boleo
Tom Ogryzlo has been working hard to resuscitate Baja Mining (TSXV: BAJ) and its copper-cobalt-zinc Boleo project in Mexico since he was named interim CEO in May 2012 — a post he still holds to this day.