Volume 100 Number 41 Nov 24 - 30, 2014

A truck at Teck Resources Fording River metallurgical coal project in southeastern B.C. Credit: Teck Resources

Met coal producers prepare for long price weakness

The benchmark price for metallurgical coal has dropped to a multi-year low of US$119 per tonne, and Moody’s Investors Service doesn’t see much relief for met coal producers until the second half of 2016. In the meantime, it warns,…

Jeffrey Christian, managing partner of the CPM Group.

CPM Group’s Jeffrey Christian on gold’s future

Jeffrey Christian, managing director of the CPM Group, a New York-based research consulting firm, took time out to talk to The Northern Miner about the gold price and the state of the gold mining sector.

Trucks hauling material at Thompson Creek Metals' Mt. Milligan copper-gold mine in northern B.C. Photo by The Northern Miner

Thompson Creek piles up cash in Q3

Thompson Creek Metals (TSX: TCM; NYSE: TC) is improving its operations and balance sheet, despite ending the third quarter in the red.

The historic MacLellan headframe at Carlisle Goldfields' Lynn Lake gold project in Manitoba.  Credit: Carlisle Goldfields

Two suitors court Carlisle

Just two days after the ink dried on a binding joint-venture agreement between Canadian gold miner AuRico Gold (TSX: AUQ; NYSE: AUQ; CGJ) and Carlisle Goldfields (TSX: CGJ; US-OTC: CGJCF) on the junior’s Lynn Lake project in Manitoba,…

Drill core from Foran Mining's flagship McIlvenna Bay polymetallic project.  Credit: Foran Mining

Foran’s positive PEA at McIlvenna Bay

Foran Mining (TSXV: FOM) has touched a milestone at its flagship McIlvenna Bay project in east-central Saskatchewan, with the completion of a promising preliminary economic assessment (PEA) on the zinc-copper-gold-silver volcanogenic massive…

TSX posts gains, Nov. 10-14

The S&P/TSX Composite Index posted its fifth straight week of gains, buoyed in part by strong economic data showing manufacturing sales in Canada climbed 2.1% to $53 billion in September, compared with a 3.5% drop in August. The S&P/TSX…

Located 40 km southeast of Guatemala City in southeastern Guatemala, Tahoe Resources' new Escobal underground silver mine operates at 3,500 tonnes per day. Credit: Tahoe Resources

Tahoe set to expand Escobal

VANCOUVER — Tahoe Resources (TSX: THO; NYSE: TAHO) has expanded  resources and tabled an updated feasibility study at its high-grade Escobal silver mine in southeast Guatemala, setting the stage for expanded silver production…

TSX Venture rebounds, Nov. 10-14

The S&P/TSX Venture Composite Index squeaked out a gain due to a late-week surge during the trading period, closing up 6.37 points at 776.63 points. Gains were underpinned by stronger metal futures despite China’s slower industrial…

By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.