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Illustration by JK.

Editorial: Unifor – what is it good for?

Nicely timed for the lead up to the Labour Day holiday, the Canadian labour movement celebrated the creation of Unifor on Aug. 31 at its founding convention at the Metro Toronto Convention Centre, attended by 4,000 people.



Lundin has consolidation opportunities, Laurentian Bank says

Chris Chang of Laurentian Bank Securities has initiated coverage of Lundin Mining (TSX: LUN) with a buy rating and a target price of $5.50 per share and argues the company is well positioned to capitalize on the weak commodity price environment…


From left: Imperial Metals' VP of corporate affairs Steve Robertson, VP of corporate development Gordon Keevil and construction manager Bryan Alexander near the tailings facility under construction at the Red Chris copper-gold project in northwestern B.C. Photo: Gwen Preston

The majestic rise of Imperial’s Red Chris

DEASE LAKE, B.C. — Buying used equipment. Building the small mine envisioned by previous project owners because it was already permitted. Funding the $500-million capital cost from cash flow, supplemented by a loan from a single…


AuRico’s Q2 hits the mark

AuRico Gold (TSX: AUQ; NYSE: AUQ) has met second-quarter earnings expectations after adjusting for US$105 million in non-cash charges, mostly related to its El Chanate gold mine in Mexico.


Iamgold's Rosebel gold mine in Suriname (2009). Photo by Alisha Hiyate.

Iamgold marches forward as cost cuts continue

Despite posting a second-quarter loss of US$28.4 million compared to a US$52.9-million profit a year ago, Iamgold (TSX: IMG; NYSE: IAG) says its operations are performing as expected, as it reins in spending amid declining quarterly revenues,…


Trucks moving material at Turquoise Hill Resources' Oyu Tolgoi copper-gold project in Mongolia.  Source: Turquoise Hill Resources

Turquoise Hill posts Q2, updates Oyu Tolgoi

Speaking on a conference call in mid-August from Ulaanbaatar, CEO Kay Priestly of Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) confirmed that development of the Oyu Tolgoi underground copper-gold mine was being delayed until matters including…



Core on display at Excellon Resources' La Platosa silver mine in Mexico. Source: Excellon Resources

Excellon hurt by lower silver prices

Excellon Resources (TSX: EXN; US-OTC: EXLLF) is another junior miner hit by the recent downward trend in metal prices. It booked a second-quarter net loss of $5 million, or 9¢ per share, compared to a $478,000 profit, or 1¢ per share,…



African Barrick latest to cut ties with CEO

With relatively new CEOs in place at Kinross Gold (TSX: K; NYSE: KGC), Newmont Mining (TSX: NMC; NYSE: NEM) and Barrick Gold (TSX: ABX; NYSE: ABX), it was perhaps only a matter of time before one of the poorest…


Sabina drills more shallow mineralization at Back River

Sabina Gold & Silver (TSX: SBB) has completed its drill program for the year on the George property at its flagship Back River project in Nunavut, and intercepts from the shallow portion of the property’s Lone Cow Pond South zone…


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