AuRico eyes a revival at dormant Kemess mine in BC
VANCOUVER — Toronto-based miner AuRico Gold (TSX: AUQ; NYSE: AUQ) is hoping it can give the past-producing Kemess gold-copper mine a new lease on life.
Copper
Trevali, Teck and Vedanta well-positioned for coming zinc revival
With all the talk of improving fundamentals for zinc, Trevali Mining (TSX: TV; US-OTC: TREVF) may soon find itself in a sweet spot.
Alacer boosts leaching capacity at pler
Alacer Gold (TSX: ASR) says it can increase the heap-leach capacity at its 80%-held Copler gold mine in Turkey to extend oxide gold production beyond 2017.
Nevada Copper looks ripe for the buying, GMP says
VANCOUVER — The political landscape has shifted in a good way for junior Nevada Copper (TSX: NCU) at its Pumpkin Hollow iron oxide copper gold deposit 13 km southeast of the town of Yerington, Nev.
Skeena seeks next discovery in BC’s Golden Triangle
VANCOUVER — It’s been more than two decades since veteran geologist Ron Netolitzky won the Prospectors & Developers Association of Canada’s Bill Dennis Prospector of the Year award for his role in exploring and financing…
Chinese driving copper demand: ICSG
The following is a summary of the International Copper Study Group’s (ICSG) December 2014 Copper Bulletin. For more information and to buy the bulletin, visit www.icsg.org.
Barrick to shutter Lumwana as Zambian gov’t hikes royalty
Barrick Gold (TSX: ABX; NYSE: ABX) will soon suspend operations at its Lumwana copper mine in Zambia in response to the Zambian government’s move to more than triple the royalty rate on open-pit mines, starting in 2015.
Asian Mineral capitalizes on first-mover status in Vietnam
VANCOUVER — It’s been a long journey for Asian Mineral Resources (TSXV: ASN; US-OTC: AIERF) at its Ban Phuc nickel-sulphide project, 160 km west of Hanoi in Vietnam’s Son La province, but the company’s patience is about…
Aurcana improves operations at La Negra
VANCOUVER — It’s all about boosting near-term liquidity for silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) as it grapples with a high debt load and falling metal prices. On Dec. 1 the company released its…
Yamana recruits former Augusta execs to head Brio Gold
Looking to wring more value out of its non-core assets in Brazil, Yamana Gold (TSX: YRI; NYSE: AUY) is creating a 100%-owned subsidiary named Brio Gold.
TSX continues decline, Dec. 8-12
Canada’s benchmark index fell during the trading week as investors fretted over plunging oil prices and weaker-than-expected economic data from China. The S&P/TSX Composite Index lost 742.65 points, or 5%, to end at 13,731.05. The…
Vale may sell part of its base metals division
After paying almost US$20 billion for Inco in 2006, Vale (NYSE: VALE) says it may sell part of its base metals division to unlock value.