Galaxy Broadband, Spectrum Telecom link up in northern Ontario
Galaxy Broadband has announced that Spectrum Telecom will represent the enterprise telecommunications provider in northern Ontario.
News
LatAm miners unhappy with costs, survey says
Latin American miners gave low grades to equipment manufacturers in a recent survey by data and intelligence firm Timetric.
Wenco wins work at Siberian gold mine
Polyus Gold (LSE: POLG) has tapped Wenco International Mining Systems to provide high-precision guidance for shovels and drills at its Blagodatnoye gold mine in eastern Siberia. The technology will be installed by the end of 2015.
Letter to the editor: PM Harper at the PDAC
Stephen Harper is the only Canadian prime minister to ever attend the annual Prospectors & Developers Association of Canada convention in Toronto. As a show of respect on election day Oct. 19, he’ll have my vote.
Fission Uranium’s Triple R shows strong economics
Analysts are applauding Fission Uranium’s (TSX: FCU; US-OTC: FCUUF) preliminary economic assessment (PEA) on the Triple R deposit at its 100% owned Patterson Lake South property just outside the southwestern portion of …
Editorial: Signs of life in copper market
Glencore’s surprise decision to cut back its copper production coupled with stronger-than-expected Chinese copper import data have had a salutary effect on copper prices, which jumped 5% on Sept. 8 to record their biggest one-day…
Outotec acquires Sudbury’s Kovit, Biomin’s bioleaching technology
In two separate deals, Finnish mining services provider Outotec (HEL: OTE1V) is buying Sudbury-based tailings management specialist Kovit Engineering and Biomin South Aftica for its gold processing technology.
Salt picks up slack from coal, iron ore on St. Lawrence Seaway
High demand pushed 1.4 million tonnes of road salt through the St. Lawrence Seaway between April 2 and July 31. That figure represents a 3% rise from 2014, which was an exceptional year for salt, according to the St. Lawrence Seaway Management…
DSI scoops up bolt business from Hilti
DYWIDAG-Systems International (DSI) has announced it is buying the intellectual property and manufacturing assets for the “OneStep” mining bolt from Hilti.
Anglo Pacific has ‘turned the corner,’ CEO says
For Anglo Pacific Group (TSX: APY; LSE: APF), royalty income in the first half surpassed all of the royalty income earned last year. And while the company posted an after-tax loss for the six months ended June 30, it was a much smaller one than…
Goldcorp, Teck join forces to tackle El Morro in Chile
El Morro, the large undeveloped gold-copper deposit in northern Chile, will become the focus of a joint venture (JV) between Goldcorp (TSX: G; NYSE: GG) and Teck Resources (TSX: TCK.B; NYSE: TCK), giving it a better chance of reaching its…
Newmont sells stake in Swiss gold refinery for US$119 million
Newmont Mining (NYSE: NEM) has sold its 60.6% stake in the Valcambi gold refinery in southeast Switzerland to a subsidiary of Rajesh Exports. The sale netted the miner US$119 million in cash.