Worldwide, Western Australia could be considered ground zero for fly-in, fly-out (FIFO) mining operations, with thousands of mining personnel daily making the air commute from home in pleasant cities like Perth to work for long stretches at…
VANCOUVER — Primero Mining (TSX: P; NYSE: PPP) is a favoured mid-tier gold producer amongst analysts, and it isn’t hard to see why after a strong second quarter, marked by competitive operating costs and signs of…
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) appears on track to achieve a US$3-billion debt reduction target this year after a few key asset sales, a streaming agreement and a commitment to cutting capital spending across the…
Randgold Resources (NASDAQ: GOLD) is stepping up its exploration in Côte d’Ivoire.
Short positions outstanding at July 31/15 (with changes from July 15/15).
VANCOUVER — On July 31, 1981, nearly 200 geologists and support crews stood speechless along the gravel banks of the remote Toodoggone River in north-central B.C., as a helicopter landed before them alongside the frigid, glacial-fed water.
It’s not every day a company in the mining sector say its project can deliver an internal rate of return (IRR) of more than 300%. But that’s what Gemfields (LSE: GEM) expects of its majority-owned Montepuez ruby deposit in…
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) is selling a 50% interest in its wholly owned Zaldivar copper mine in northern Chile to Antofagasta (LSE: ANTO; US-OTC: ANFGY) for US$1 billion in cash. The deal will result…
U.S. President Barack Obama has unveiled his administration’s sweeping plan to curb carbon emissions from U.S. power plants, and the news has domestic coal miners and coal-consuming states squirming.
The following is an edited version of a commentary by Surbiton Associates, an independent consulting group based in Melbourne and specializing in Australian gold mining and minerals industries. Visit www.surbiton.com.au for more…
VANCOUVER — Rambler Metals & Mining (TSXV: RAB) is looking to upgrade its underground Ming copper-gold mine, 17 km east of the town of Baie Verte on the north-central coast Newfoundland, after positive results from a prefeasibility…
VANCOUVER — An updated technical report filed by First Quantum Minerals (TSX: FM; US-OTC: FQVLF) on its 80% owned Kansanshi copper operations, 10 km north of Solwezi, Zambia, sent analysts scrambling to lower target share prices for the…
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