Revett presses on in Montana
When Revett Minerals (RVM-T, RVM-X) restarted the Troy mine in northwestern Montana in December 2004, the property had a mine life of about four years, based on its known reserves.
Volume 98 Number 42 Dec 3 - 9, 2012
Denison eyes JNR in the Athabasca
In a move to lock up uranium-rich ground in the Athabasca basin of northern Saskatchewan, Denison Mines (DML-T, DNN-X) plans to buy joint-venture partner JNR Resources (JNN-V) for nearly $10 million.
More headaches for Anglo American
Skyrocketing costs are eating into the pocketbooks of miners across the industry, and Anglo American (AAL-L, AAUKY-Q) is no exception.
Thompson Creek slumps, but Mt. Milligan on track
Thompson Creek Metals (TCM-T, TC-N) is sinking deeper into the red as it builds the $1.5-billion Mount Milligan copper-gold mine in central B.C., posting a third-quarter net loss of US$48.2 million, or US29¢ a share, compared with a profit…
Kinross reports strong Q3 results
Kinross Gold (K-T, KGC-N) shares have fallen by 15% since the beginning of October, but strong third-quarter results portend a turnaround is in store, analysts say.
UBC, SFU win $25M federal mining grant
Vancouver’s two biggest universities have been selected to spearhead the establishment of a “Canadian International Institute for Extractive Industries and Development”. The University of British Columbia (UBC) and Simon…
Mining the Canadian markets
With nearly 1,650 companies listed, mining is one of the Toronto Stock Exchange’s most important sectors. The TSX and the TSX Venture Exchange are home to more than half of the world’s public mining companies, as Canada continues to…
Editorial: DRC on the edge
As we go to press, rebel fighters from the M23 group in the Democratic Republic of the Congo have pushed past Goma, the capital of North Kivu province, to the town of Sake, 20 km west, and claim they plan to march to Kinshasa, the…
Banks Island moves Yellow Giant towards production
It has been a quick ride for B.C.-focused explorer Banks Island Gold (BOZ-V). Just 18 months since Banks Island signed an earn-in agreement on its Yellow Giant gold-silver property, 110 km south of Prince Rupert, the company has released a…
Auriga’s new vision for Puffy Lake
Auriga Gold (AIA-V) wants to bring the Puffy gold mine in northwestern Manitoba back to life — only this time, as a more modest and efficient operation.
Cliffs delays expanding Bloom Lake, curbs output for 2013
Cliffs Natural Resources (CLF-N) is hitting the brakes on its iron ore operations in North America, as fundamentals for the metal weaken with unstable prices and a drop in North American steelmaking.
Black Iron takes on Ukrainian iron ore
Low operating costs and proximity to steel mills in Europe and the Middle East make Black Iron’s (BKI-T) Shymanivske iron ore project in the Ukraine a compelling proposition, despite fluctuations in the iron ore price, the Toronto-based…