Difficulties of mining in Africa
Mining companies looking to do business in an African country need to be aware of the complexities they will likely face, from securing debt financing to political risks to complying with local anti-bribery laws.
Canada
Takeover bid for Hathor turns nasty
Cameco Corp.’s (CCO-T, CCJ-N) hostile takeover bid for Hathor Exploration (HAT-V) turned uglier today when the uranium producer slammed the credibility of the junior’s preliminary economic assessment of its Roughrider deposit in northern…
Venture slips in shortened Sept. 6-9 period
Vancouver – The oscillations on the S&P/TSX Venture Composite Index continued in the shortened September 6 to 9 period, this time dropping 25.26 points to end at 1,785.10 points. Volume edged up again, averaging 79.2 million shares traded…
Copper Mountain opening marks new era in BC mining
With the simple snip of a copper-tinged ribbon, Copper Mountain Mining (CUM-T) CEO Jim O’Rourke, Mitsubishi Materials CEO Hiroshi Yao and Consul General of Japan Hideki Ito officially opened B.C.’s first major metals mine of the twenty-first…
Agnico’s two pearls in Nunavut
It’s been a tough and ambitious foray in Canada’s Arctic for Agnico-Eagle Mines (AEM-T, AEM-N), but one that holds much promise.
Victory to build Minago nickel mine
After spending years proving up one of Canada’s largest undeveloped nickel-sulphide deposits, Victory Nickel (NI-T) has cleared the final regulatory hurdle to build a mine at its Minago project in northern Manitoba’s Thompson nickel belt.
Mountain Province Diamonds attracts interest
Mountain Province Diamonds (MPV-T, MDM-X) has received “unsolicited expressions of interest from third parties” about its stake in the Gahcho Kué diamond project in Canada’s Northwest Territories.
Feds accept Taseko’s New Prosperity for review
The federal government has agreed to take a second look at Taseko Mines’ (TKO-T, TGB-X) gold-copper Prosperity project in central B.C., breathing new optimism into the beleaguered project.
‘China Inc.’ buys another slice of the oilsands
Another year, another purchase by a state-owned Chinese energy company in Alberta’s burgeoning oilsands industry.
Enbridge touts pipeline demand as review continues
Building a nearly 1,200-km-long pipeline is inevitably challenging, but putting one through two provinces and the territory of dozens of First Nations, only to emerge in a contentious port location, makes for a daunting task indeed.
TransCanada’s Keystone XL clears major hurdle
Hollywood actors, climate experts and other opponents of the proposed Keystone XL oil pipeline will have 90 days to prevent the project’s final approval after the U.S. State Department ruled that the pipeline would have “no significant impact”…
Southern Pacific Resource advances McKay
If everything goes according to plan, Southern Pacific Resource (STP-T) will finish construction of its McKay thermal project in Alberta in the second quarter of next year, with the first steam to follow and production targeted to get underway…