Stillwater scales back work on Marathon PGM project
Stillwater Mining (TSX: SWC.U; NYSE: SWC) intends to reduce work at its 75%-held Marathon platinum–palladium–copper project in Ontario, as part of a wider strategic review.
News
Bear Creek keeps Corani on track, reduces costs
As Bear Creek Mining (TSXV: BCM) works to produce an updated feasibility study for its flagship Corani silver–lead–zinc project in southern Peru by year-end, its efforts to reduce costs are already paying off.
Gainey Capital aims to fast-track El Colomo
VANCOUVER — Over two years ago Gainey Capital (TSXV: GNC) CEO David Coburn saw promise in a private Mexican precious metal operation 135 km southeast of Mazatlan — along the border of the States of Nayarit and Durango…
Commentary: Ring of Fire Sale
For anybody wondering what’s going to happen to Cliffs Natural Resources’ (NYSE: CLF) chromite discovery in Ontario’s Ring of Fire region, all they have to do is read Casablanca Capital’s dissident letter to shareholders…
Tamarack North delivers for Talon in Minnesota
Over the last two years, the management team at Talon Metals (TSX: TLO; US-OTC: TLOFF) looked at more than 700 projects before it found one that it believed could be a company-maker.
Drilling prices ‘not sustainable’: Major Drilling
Prices for drilling services have reached levels that are too low to be viable in the long term, said Francis McGuire, president and CEO of Major Drilling Group International (TSX: MDI), in the company’s most recent financial statements…
Correction
In the story “Rare Element sees ‘significant change’ in REE markets” (T.N.M., Sept. 8–14/14), the net present value of the Bear Lodge project was incorrectly expressed in billions instead of millions. In fact, Bear…
Mongolia: Greener grass or dry desert steppe?
For some, the grass always appears greener for mining projects in distant and foreign jurisdictions. Why? Perhaps it’s the mining industry’s persistent optimism and the belief that these jurisdictions could never be as bad or…
LBMA Gold Price nearer to reality as new benchmark
It worked so well for silver — next up is gold.
Taseko to buy Curis
B.C. copper miner Taseko Mines (TSX: TKO; NYSE-MKT: TGB) has tabled a friendly, all-share bid for Vancouver-based junior copper developer Curis Resources (TSX: CUV; US-OTC: PCCRF) and its wholly owned Florence in situ copper project beside the…
Agnico expands Mexican footprint via $205M Cayden bid
VANCOUVER — Agnico Eagle Mines (TSX: AEM; NYSE: AEM) had been eyeing Cayden Resources’ (TSXV: CYD; US-OTC: CDKNF) exploration efforts since early 2012, but on Sept. 8 finally made its move with a $205-million offer…
US stocks march higher, Sept. 2-5
U.S. equities ended the week on a positive note, despite a weak jobs report. The Dow Jones Industrial Average rose 39 points to 17,137.36, while the S&P 500 Index added 4 points to 2,007.71. The tech-heavy Nasdaq Composite…