A preliminary economic assessment (PEA) of Queenston Mining’s (QMI-T) flagship Upper Beaver project in northern Ontario envisions producing 120,000 oz. gold and 5.3 million lbs. copper a year at attractive cash costs using low-cost,…
Shares of GTA Resources and Mining (GTA-V) surged $1.29, or 529% in a day to $1.54 on 7.8 million shares traded after the company released drill results from the Northshore gold property in Ontario’s Hemlo-Schrieber greenstone…
BHP Billiton (BHP-N) and Rio Tinto (RIO-N) are feeling optimistic about copper. Six weeks into the first quarter of 2012, the two mining giants have unveiled plans to commit over US$4 billion to expand copper production at operations in Chile…
Tuesday, Feb 21, 2012
All it took was a bigger dividend and a bit of explaining for Kinross Gold (K-T, KGC-N) to gather some wind behind its back again.
In a sign of the times that would make any union leader do a double take, Rio Tinto has announced that it and a minority partner will spend US$518 million on robotrains to haul its iron ore in Western Australia’s Pilbara region.
This is one of those “good problems” you hear about from time to time in business. After weathering the punishing collapse in demand for commodities that began in 2008 and dragged on for more than two years, the mining industry has…
The Canadian government’s decision to spend up to $55 million building a deep-water, multi-user dock at the Port of Sept-Îles on Quebec’s North Shore that complies with the iron ore industry’s new loading…
Vancouver — The Carlin Trend in northeast Nevada is known as elephant country thanks to seven major gold deposits, each exceeding 20 million tonnes. Gold Standard Ventures (GV-V) may have found its elephant.
Vancouver — Mainland Southeast Asia may not hold much buzz for Canadian explorers, with island nations in the region getting far more attention, but there are several companies finding success in this generally overlooked part of the…
Sometimes a little change can do a company a lot of good. In the case of Seafield Resources (SFF-V), change has come in the form of a new management team and the good it hopes to do is revive investor interest in what was briefly one of the…
Yamana Gold (YRI-T, AUY-N) reported a US$89.5-million profit for the fourth quarter of 2011, a 28% decrease from the same period a year ago, thanks to a one-time US$81-million impairment loss on investments.
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