Cline ramps up production at New Elk
Cline Mining (CMK-T) is swinging its New Elk metallurgical coal mine in southern Colorado into full commercial production at a rate of 3 million tons a year, as part of its initial 20-year mine plan.
Articles by Northern Miner Staff
Molycorp secures offtake agreements for 78% of REE production
In early January, Molycorp (MCP-N) announced that it had found a home for more than three quarters of its first phase of production, ahead of starting up a rare earth production facility at its Mountain Pass rare earths mine in California.
CaNickel cuts production at Bucko Lake
CaNickel Mining (CML-T) is scaling back operations at its Bucko Lake nickel mine near Wabowden, Man. owing to “unfavourable” nickel prices, the company has announced.
Editorial: Alcoa hunkers down as aluminum slumps
As the first large mining company to release its financial results every quarter, Alcoa has always been a pacesetter among the majors.
Commentary: Diversifying Canada’s energy markets and streamlining the regulatory process
Canada is on the edge of a historic choice: to diversify our energy markets away from our traditional trading partner in the U.S., or to continue with the status quo.
First Uranium to reduce its workforce by half at Ezulwini
First Uranium (FIU-T) says it may cut up to 1,850 jobs at the Ezulwini gold-uranium mine in South Africa because it cannot sustain production levels.
Scotgold’s Cononish ages nicely in the barrel
Tyndrum, a tiny village of around 160 people in Scotland’s Grampian Highlands, sits at the northern edge of the Loch Lomond and Trossachs National Park on the side of a highway.
Market news
Toronto Stock Exchange
Panoro explores for riches in Peru’s heartland
It all started with a phone call. On the line was Standard Bank, looking to auction off some Peruvian properties after a joint venture between two majors had gone sour. On the other end of the line was Panoro Minerals (PML-V), which had worked…
Ryan Gold looks to strong 2012 season after challenging 2011
Vancouver – When The Miner visited Ryan Gold’s (RYG-V) flagship Ida Oro project last August as part of a media tour, the company was scrambling to get its camp finished and make up for lost time.
Advancing a second key asset in the Far North
Advanced Explorations (AXI-V) took another step in its bid to mold itself into a significant iron ore miner in Canada’s far north.
Hecla closes Lucky Friday for one year
Mining analyst Chris Lichtenheldt of UBS Investment Research has cut his 12-month target price on Hecla Mining (HL-N) to US$8.00 per share from his earlier forecast of $9.85 per share after the silver producer announced it has closed its Lucky…