Centerra breaks even in Q3, before US$18M hit at Kumtor
Centerra Gold (TSX: CG; US-OTC: CAGDF) has widened its third-quarter loss, but is reducing its annual cost guidance to reflect lower operating costs at its Kumtor gold mine in Kyrgyzstan.
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Letter to the Editor: Morocco, phosphate and ‘illegal occupation’
Matthew Keevil’s report from Marrakesh entitled “Morocco’s OCP aims to dominate phosphate industry” (T.N.M., Oct. 12-18/15) is a fine, incisive article and one deserving of wide reading.
Editorial: Oil crash hits Ecuador’s public finances
Ecuador’s Minister of Strategic Sectors, Rafael Poveda, seemed tired when he sat down with The Northern Miner in Quito last week. The minister, who has a degree in law and an MBA, had returned the night before from China, where, off and…
Teck the latest major to join Arena in Atacama
Teck Resources (TSX: TCK.B; NYSE-MKT: TCK) has become the third company this year to sign a joint-venture option agreement with prospect developer Arena Minerals (TSXV: AN) on its Atacama property in Chile, 50 km from the port of Antofagasta.
TSX edges lower, Oct. 23-29
The S&P/TSX Composite Index finished in negative territory, losing 0.6% to end at 13,791.88 points. The S&P/TSX Capped Diversified Metals & Mining Index dropped 10.6% to 411.68. The S&P/TSX Global Gold Index retreated 1.8% to…
Wolfden hunts for nickel in Manitoba
VANCOUVER — When nickel giant Vale (NYSE: VALE) dropped its claims over the Rice Island nickel and copper project in the highly prolific Flin Flon–Snow Lake mining district of Manitoba in May, junior explorer Wolfden Resources…
US stock indexes move higher, Oct. 23-29
The Dow Jones Industrial Average rose 1.5%, or 266.64 points, to close at 17,755.80, and the S&P 500 Index advanced 1.8%, or 36.90 points, to finish at 2,089.41. The Philadelphia Gold & Silver Index dropped 4.8% to 52.25.
Finland imports Canadian CSR expertise
A little over a decade ago, the Mining Association of Canada launched with little fanfare a unique stewardship program called the “Towards Sustainable Mining Initiative (TSM).” It was the only program that measured and reported on…
Rough year creates opportunity in diamonds: Q&A
Diamond equities have had a rough ride in 2015, but what about next year? In an interview in early November, Matthew O’Keefe, vice-president and senior analyst at Dundee Capital Markets,…
Stornoway’s ‘good timing’ at Renard
Since it raised $946 million last July to build its Renard diamond mine in Quebec, Stornoway Diamond (TSX: SWY) has kept construction and engineering at the project on time and…
Diamond explorers flock to Botswana
Botswana is the world’s largest diamond producer by value and home to the incredibly rich and long-lived Tier 1 Orapa and Jwaneng mines, both owned by Debswana, a 50/50 joint…
Sable PEA sweetens Ekati
Looking to extend the mine life at its Ekati operation beyond 2020, when it’s now slated for closure, Dominion Diamond (TSX: DDC; NYSE: DDC) has been busy this year proving…