News


Iron ore outlooks turn gloomy

VANCOUVER – Goldman Sachs has cut its iron ore price forecasts and downgraded its Rio Tinto (RTP-N, RIO-L) recommendation from Neutral to Sell. The reason? More than 90% of the company’s 2012 earnings came from iron ore, a sector…


Stacked up copper sheets ready to be transported. Source: CODELCO

A changing landscape for growing copper producers

VANCOUVER — With the US$5.1-billion hostile takeover of Toronto-based Inmet Mining (IMN-T) by large-cap peer First Quantum Minerals (FM-T, FQM-L) looking all but wrapped up, it seems an opportune time to take a look at the shifting…


Tintina grows Black Butte copper count

VANCOUVER – With an upgraded resource estimate for a second deposit at its Black Butte project in Montana now in hand, Tintina Resources (TAU-V) is ready to revamp the project’s recent economic assessment while it awaits permission to…



Copper Mountain contemplates secondary crusher

Despite several mill maintenance shutdowns last year and difficulties with variability in ore hardness and fragmentation entering the SAG mill from the operation’s different open-pit locations, Copper Mountain Mining (CUM-T) posted gross…



Rio Alto rises on La Arena drilling

VANCOUVER — With its La Arena gold mine having just completed its first year of commercial production, Rio Alto Mining (RIO-T) is finding time to probe some nearby exploration targets, and results from the first set of holes are promising.


Facilities at Banro's Twangiza gold mine in the Democratic Republic of the Congo. Source: Banro

Banro shares plummet as CEO exits

Banro shares (BAA-T, BAA-X) slumped nearly 22% after the gold explorer announced the sudden departure of its president and CEO, Simon Village, after markets closed on March 6.


Great Western's Steenkampskraal project in South Africa. Source: Great Western Minerals

Great Western reveals PEA for South African REE mine

VANCOUVER — It has been a busy start to the year for Saskatoon-based rare earth outfit Great Western Minerals (GWG-V) and its past-producing Steenkampskraal project located roughly 350 km north of Cape Town, South Africa. The company…


Galane grows Mupane gold count little by little

VANCOUVER – Bigger may be better, but Galane Gold (GG-V) is showing that a small gold operation can keep a company profitable and fund the exploration programs needed to continually add new ounces to its gold resource count.



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