Silver Wheaton thrives during tough times
After pretty much inventing the precious-metal-stream business back in 2004, Silver Wheaton (TSX: SLW; NYSE: SLW) has noticed the landscape getting more crowded.
Canada
Castle Mountain in Cali: Old mine, new story
The Castle Mountain heap leach gold mine in San Bernardino County in southern California produced 1.24 million ounces of gold between 1991 and 2001, when mining was suspended due to low gold prices. Now a management team and board…
PwC gold study charts new ground
A study on the direct economic impact of gold — commissioned by the World Gold Council — gathers, for the first time, all the evidence of the precious metal’s economic and fiscal contribution, author PricewaterhouseCoopers…
Sabina’s Back River PFS leans on open pits
VANCOUVER — It’s a humbler market environment for mine developers, and Vancouver-based Sabina Gold & Silver (TSX: SBB) looks to have taken that into account with a more modest prefeasibility study (PFS) of its Back River gold…
Boart Longyear weathers downturn
When Richard O’Brien left his post as CEO of Newmont Mining (NYSE: NEM; TSX: NMC) in December 2012, after five years in the job and seven at the company, he wasn’t ready to “hang up his pick” just yet.
Pretium moves forward despite Strathcona’s exit
Shares of Pretium Resources (TSX: PVG; NYSE: PVG) plunged 30.5% on Oct. 9 after Strathcona Mineral Services withdrew from the high-grade Brucejack gold-silver project in northwestern B.C.
Commentary: Surveying the landscape of Ontario’s new mining regime
In Ontario, the new and amended regulations under the Mining Act described in our legal update in September 2012 have since come into force, and Ontario has developed four policies relating to Aboriginal consultation that further clarify the…
Alexco shares pop on Flame & Moth results
VANCOUVER — The first half of the year was rough for shareholders of Yukon-focused silver producer Alexco Resource (TSX: AXR; NYSE-MKT: AXU) and its underground Bellekeno mine, 50 km northeast of the town of Mayo.
Mt. Milligan produces first concentrate
VANCOUVER — Thompson Creek Metals’ (TSX: TCM; NYSE: TC) $1.5-billion investment is about to pay off: the Mount Milligan mine is now producing copper-gold concentrate.
Positive PEA for Colonial Coal’s Huguenot
VANCOUVER — The Huguenot project in northeastern B.C. could become a metallurgical coal operation, according to a preliminary economic assessment (PEA) from project owner Colonial Coal International (TSXV: CAD).
Fortune’s ability to develop Arctos remains in question
VANCOUVER — Finding a solution to an outstanding dispute with the Tahltan First Nation in northwestern B.C. isn’t a new task for Ontario-based Fortune Minerals (TSE: FT), but it is proving to be a serious barrier as the…
SEG conference explores the future of geoscience
WHISTLER, B.C. — More than ever it seems the mining industry is trying to achieve efficient exploration and development: making lower-cost, geologically economic discoveries, and advancing these deposits towards production.