Keith Barron back on the hunt for riches of Ecuador’s Lost Cities
The remarkable story of Aurelian Resources and its discovery of Fruta del Norte — a blind gold deposit the company’s geologists found in the Cordillera…
BHP Billiton
Site visit: Rambler on track to meet targets at Ming by mid-year
DEER LAKE, NEWFOUNDLAND AND LABRADOR — “Zero degrees and no wind, not bad for the middle of January,” Norman Williams, president and CEO of Rambler…
JDS Silver’s Silvertip project nears production in BC
In its first investment in a Canadian mining company, private equity firm Denham Capital is giving JDS Silver US$65 million to complete construction of Silvertip,…
Scandium International hits feasibility study milestone
With a management team loaded with former executives from BHP Billiton (NYSE: BHP) and a definitive feasibility study under its belt for a specialty metal…
Aston Bay, BHP agree to take on Storm together
After a year of talks and hundreds of hours of due diligence, BHP Billiton (NYSE: BHP) has signed an option agreement to earn a 75%…
Argentine tycoon Elsztain bets big on gold
Eduardo Elsztain — one of Argentina’s richest men — has been buying and selling hard assets for the last 35 years. His first real estate…
TMAC targets commercial production at Hope Bay in 2017
TMAC Resources (TSX: TMR) aims to get its flagship Hope Bay gold project in Nunavut into commercial production in early 2017. Located in the Kitikmeot region,…
Editorial: BHP slashes dividend 75%, braces for prolonged downturn
It was the last, biggest and most vocal defender in the mining industry of maintaining the status quo with respect to its generous dividend policy, but BHP Billiton has finally succumbed to industry-wide trends and deeply cut its dividend, and…
Aston Bay strikes exploration deal with BHP
BHP Billiton’s (NYSE: BHP) Canadian subsidiary has signed a letter of intent to fund exploration on Aston Bay Holdings’ (TSXV: BAY) Storm copper property, in Somerset Island, Nunavut.
US stocks stay afloat, Dec. 23-31
The Dow Jones Industrial Average and S&P 500 Index both failed to register annual gains, while posting small gains during the trading period. The Dow added 7.7 points to end at 17,425.03, down 2.2% for the year. This is its first annual…
Editorial: ‘Tis the season for dividend cuts
As we all know, mining is a cyclical business, and by all appearances we are into the stage of the commodities cycle where many of the biggest, highest-quality major mining companies, especially base metal miners, are trimming and even…
US stock indices post marginal gains, Nov. 20-26
Data released ahead of the U.S. Thanksgiving holiday on Nov. 26 showed that gross domestic product in the U.S. grew 2.1% in the third quarter — not the 1.5% reported in October — while single-family home sales in October rose 10.7%,…