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: Rick Rule’s ‘ridiculous construct’
I find Mr. Rule’s comments about junior resource companies to be incredibly frustrating and unhelpful (“Interview: Market insights from Sprott’s Rick Rule,” T.N.M., Aug. 31–Sept. 6/15). It’s easy to call for the wiping…
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.
Editorial: Political risk never far in Guatemala
As miners active in Guatemala sit on the sidelines with furrowed brows, Guatemala has been embroiled in a political turmoil stoked by an anti-corruption drive that has led to the arrest of President Otto Perez Molina and the rise of a genial…
Detour Gold surmounting weak gold prices, CEO says
VANCOUVER — Detour Gold (TSX: DGC; US-OTC: DRGDF) is picking up momentum at its Detour Lake gold mine, 300 km northeast of Timmins, as the company anticipates first-ever positive cash flows since the operation reached commercial…
Wallbridge lures Lonmin to Parkin project
South Africa-based Lonmin (LSE: LMI), one of the world’s largest primary producers of platinum group metals (PGMs), has signed an option agreement to earn a 50% initial interest in Wallbridge Mining’s (TSX: WM) four Parkin…
Glencore latest to slash near-term copper production
VANCOUVER — Copper producers have seen margins come under pressure, as spot prices for the red metal hover near six-year lows well below the US$3 per lb. level over the medium-term. London-based Glencore (LSE: GLEN) is the latest miner to…
Goldstrike strikes again at Plateau South in Yukon
VANCOUVER — Goldstrike Resources (TSXV: GSR) is gaining traction over a new gold district at its Plateau South project, 300 km east of Dawson City, Yukon, as recent drilling has expanded its high-grade gold targets.
Premier’s Downie bullish on Hasaga in Red Lake
VANCOUVER — Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is taking a new approach to exploration at its past-producing Hasaga gold property in the prolific Red Lake mining district of northwestern Ontario, and Ewan Downie, president and…
Sabina gets ‘more realistic’ at Back River in Nunavut
VANCOUVER — Sabina Gold & Silver (TSX: SBB; US-OTC: SGSVF) is working hard to outline a development scenario at its Back River gold project in Nunavut that is viable in light of challenging capital markets. On Sept. 13 the company…