Earlier-than-expected commercial production at the Detour Lake mine has caught analysts by surprise. Detour Gold (TSX: DGC; US-OTC: DRGDF) reported the milestone at the open-pit gold mine in northern Ontario on Aug. 12, noting that the…
Orbite Aluminae (TSX: ORT; US-OTC: EORBF) says it will complete an equity raise “within the coming weeks” to help finish building and optimizing its high-purity alumina (HPA) plant in Cap-Chat, Que., after a proposed financing was…
With margins being squeezed by falling metal prices, miners that used debt financing to build projects are feeling the need for some relief.
VANCOUVER – Belarus’ move to arrest the head of Russian potash major Uralkali (LSE: USKA) on suspicion of corruption and abuse of power erased all hope that the latest spat between Belarus and Russia would fade away and allow…
Gabriel Resources (TSX: GBU) is intent on proving the naysayers wrong and the latest word out of Romania indicates it may well be on its way to doing just that.
Chris Chang of Laurentian Bank Securities has initiated coverage of Lundin Mining (TSX: LUN) with a buy rating and a target price of $5.50 per share and argues the company is well positioned to capitalize on the weak commodity price environment…
Spot pricesCourtesy of ScotiabankTuesday, August 20, 2013 Precious MetalsPrice…
DEASE LAKE, B.C. — Buying used equipment. Building the small mine envisioned by previous project owners because it was already permitted. Funding the $500-million capital cost from cash flow, supplemented by a loan from a single…
Rising costs, lower prices and market skepticism led to a decrease in mergers and acquisition (M&A) activity throughout the mining sector. However, as I pointed out in my previous article, “Executive compensation and M&A:…
Breathe a sigh of relief: Gold’s up over US$1,400 an ounce again … at least for now.
VANCOUVER — After almost ending up a neglected project on Denison Mines’ (TSX: DML; NYSE-MKT: DNN) shelf, a 50% stake in the Patterson Lake South (PLS) uranium project has sparked a $170-million takeover.
The S&P/TSX Venture Composite Index overcame a slow start to register its second consecutive weekly gain during the trading period, finishing up 6.33 points en route to a 946.56-point close. Stronger commodity prices continue to drive…
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