Vale may sell part of its base metals division
After paying almost US$20 billion for Inco in 2006, Vale (NYSE: VALE) says it may sell part of its base metals division to unlock value.
Canada
China’s biggest gold miner invests $81M in Pretium
While it won’t come close to covering the entire $747-million price tag to build the Brucejack gold mine in northwestern B.C., an $81-million strategic investment by China’s Zijin Mining in project owner Pretium Resources (TSX: PVG;…
TSX Venture closes barely above 700 points, Dec. 1-5
The S&P/TSX Venture Composite struggled during the trading sessions, dropping 5.4%, or 39.88 points, en route to a 701.99-point weekly close. Energy markets were further hit by falling crude oil futures, which reached a five-year low….
Commentary: Miners hit the road on Euro bus tour, Part I
MUNICH, GERMANY — Dave Hodge, the president of Zimtu Capital, has a public persona that transcends the Atlantic.
Rio Tinto green-lights A-21 pipe at Diavik
Rio Tinto (NYSE: RIO; LSE: RIO) has approved the development of a US$350-million A-21 kimberlite pipe at its 60%-owned Diavik mine, 300 km northeast of Yellowknife.
TSX Venture loses ground, Nov. 24-28
After a two-week rally, the S&P/TSX Venture Composite index plunged 6%, or 47.26 points over the trading period, en route to a 741.87-point close. Losses were largely driven by a sell-off in energy stocks, as crude oil spot prices and…
Goldspike drills high-grade zinc at Lone Mountain in Nevada
Bruce Durham initially set up Goldspike Exploration (TSXV: GSE) to focus on early stage projects in the Yukon’s White Gold district, and the company went public in August 2011.
Eastmain teams with Darnley Bay at Lac Lessard
Last year Eastmain Resources (TSX: ER; US-OTC: EANRF) surveyed its wholly owned Lac Lessard property in the James Bay region of northern Quebec using a combined airborne magnetic and electromagnetic VTEM system that identified 10 highly…
Visible Gold follows the yellow brick road
Sometimes the cleverest path is to follow someone else’s road.
Fission’s McElroy discusses 2014 progress at PLS
VANCOUVER — Explorer Fission Uranium (TSX: FCU; US-OTC: FCUUF) has been one of the few juniors that has kept a steady drilling rate over the past two years despite tough capital markets. The company’s Patterson Lake South (PLS)…
Trevali finds more mineralization at Stratmat
Trevali Mining (TSX: TV; US-OTC: TREVF) has found a mineralized body outside of the 2009 resource at its Stratmat zinc-lead-silver-copper-gold project in New Brunswick.
Copper miners hold up under BMO forecast
Copper prices have dipped below US$3 per lb. several times this year — in March, briefly in October, and then in November — for the first time since mid-2010.