Suncor cancels Voyageur upgrader
It’s not just companies mining metals that are tightening their belts and concentrating on capital allocation discipline.
Volume 99 Number 15 May 27 - Jun 2, 2013
Athabasca finds aggregate demand remains strong
VANCOUVER — Despite recent uncertainty surrounding production in Canada’s oil sands — due to issues like volatile crude prices and ongoing pipeline debates — growth remains the word for supply-oriented companies in the…
Esaase prefeasibility puts Asanko on production path
VANCOUVER — With a new name and a new prefeasibility study for its flagship gold project in Ghana, Asanko Gold (AKG-T, AKG-N) is pushing towards production.
Feds join miners, universities to improve exploration success
The Canadian government is joining more than 24 mining companies and 17 Canadian universities to launch a collaborative research project to improve exploration techniques in the mining industry.
Cameco fires ups third ISR uranium mine in US
The North Butte in-situ uranium mine in Wyoming has started initial production as a satellite facility for Cameco’s (CCO-T, CCJ-N) Smith Ranch-Highland in-situ mine.
Drilling returns more silver and gold at Fortuna’s mines
VANCOUVER — Gold and silver prices struggled in April, which meant most precious metal producers saw their share prices slide. For Fortuna Silver Mines (FVI-T, FSM-N), however, a slumping share price belies strong financials and promising…
Juniors like Coro face tough choices
Difficult markets and strained balance sheets are dogging junior mining companies across the industry, forcing them to make some hard decisions about how to manage their assets.
Centerra’s shares jump on unexpectedly strong Q1
VANCOUVER — There are quite a few moving pieces at Toronto-based Centerra Gold’s (CG-T) flagship Kumtor gold mine in Kyrgyzstan. But despite some uncertainty, the company was able to register a strong first quarter that includes…
Kaminak drills for more mineralization at Coffee
VANCOUVER — With every drill hole it punches into the ground, Kaminak Gold (KAM-V) is connecting the dots at its Coffee gold project in the Yukon.
North American Palladium disappoints, gets punished
North American Palladium (PDL-T, PAL-N) failed to impress with its latest quarterly results, and, given the prevailing bearish sentiment towards mining stocks, the company’s shares felt the full weight of the market’s…
Goldcorp’s earnings squeezed
Goldcorp (G-T, GG-N) may have surpassed its long-time rival Barrick Gold (ABX-T, ABX-N) in terms of market capitalization, but that doesn’t mean the company has been insulated from the same bear market that has felled other…