Sunridge brightens Asmara’s economics
Sunridge Gold (SGC-V) has outlined stronger economics for its prized Asmara copper-zinc-gold project in Eritrea in a feasibility study that outshines last year’s prefeasibility study.
Zinc-Lead
Lundin on track despite first-quarter zinc setback
VANCOUVER — Diversified base metal producer Lundin Mining (LUN-T) is on target to meet its guidance this year despite lower-than-anticipated production during the first quarter at its wholly owned Zinkgruvan zinc-lead-copper mine, 200 km…
Glencore Xstrata boosts Hackett River, looks to get lean
The recently merged Glencore Xstrata (GLEN-L) plans to have a leaner corporate structure, but its first resource estimate shows it will still be hefty in terms of minerals in the ground. And while the new company will be mostly guided…
Coeur’s revamp
Idaho-based silver producer Coeur d’Alene Mines (CDM-T, CDE-N) is charting a new course to thrive in the changing and turbulent market by optimizing assets and trimming costs, while still keeping an eye out for growth.
Excellon seeks sunnier days in Mexico
Shareholders of Excellon Resources (EXN-T) appeared unimpressed at the company’s recent annual general meeting (AGM) in Toronto, with many urging the producer to get to the root of the community and labour issues that have dogged the…
First Majestic to join top-tier silver miners
First Majestic Silver (FR-T, AG-N) is eyeing senior producer status as it expands Del Toro — its fifth silver mine in Mexico — and improves operations at its four other mines in the country to drive its annual silver production…
Cheap coal hits Teck’s bottom line
Teck Resources’ (TCK-T, TCK-N) first-quarter performance beat analyst expectations but came in lower compared to a year ago, owing to global economic uncertainty and weaker commodity prices.
Trevali ‘more than a one-trick pony,’ Haywood says
New Brunswick has given the green light to Trevali Mining (TV-T) to operate its Caribou mine and mill complex in the Atlantic province’s Bathurst mining camp, and the zinc-focused development company says it expects to fire up the mill…
Aldridge de-risks Yenipazar in Turkey
A nation at the crossroads of Europe and Asia measuring about 800 by 1,600 km is punching above its weight as an emerging mining jurisdiction, with operating mines owned by Inmet Mining (IMN-T), Eldorado Gold (ELD-T, EGO-N) and Alacer Gold…
Hudbay builds on its Manitoba legacy
VANCOUVER — Canadian base metal producer Hudbay Minerals (HBM-T, HBM-N) laid a foundation for success on the Flin Flon greenstone belt in northern Manitoba roughly 85 years ago. During that time the company has developed 26 mines in the…
Agnico buys into Kootenay
For the second time this month Agnico-Eagle Mines (AEM-T, AEM-N) has taken a strategic stake in a junior exploration company with promising assets.
Dissident shareholder takes on Selwyn Resources
Souring markets and commodity prices are making it tough on just about everyone in the mining industry and proxy fights are becoming just another part of the landscape.