A big chapter in the corporate life of NovaGold Resources came to a close, with long-time president and CEO Rick Van Nieuwenhuyse bowing out of the company. The charismatic executive will stick around as a NovaGold director and as president of…
Resource developers in Canada were dealt a heavy blow in mid-November, with the Obama Administration’s State Department in the U.S. failing to approve TransCanada’s relatively benign Keystone XL oil pipeline mega-project, which would have…
Discovery of the massive “Ring of Fire,” a chromite-rich mineral deposit in a remote area of northern Ontario, is the first and perhaps easiest step in realizing the site’s potential.
Thank you very much for running Chief Baptiste’s article. It was informative and as a subscriber, I appreciate your publication presenting both sides of the story. Your decision to be inclusive helped me decide to renew our subscription.
Mining companies investing for the first time in Canada’s Far North may find the experience unlike any other. This holds true not only for foreign corporations, but also for companies familiar with mining in Southern Canada.
The decisive, US$5-billion exit of the storied Oppenheimer family from its 40% controlling interest in De Beers brings to a close a century of history in the global diamond trade.
I read the editorial submission of Chief Marilyn Baptiste, of the Xeni Gwet’in band of the Tsilhqot’in National Government, in last week’s issue (TNM, Nov. 7-13, 2011). It purported to list eight reasons why Taseko Mines’ resubmitted…
Exploration spending in the twelve months ended June 30 increased 115% year-on-year while total production costs have more than quintupled since 2006, rising more than 23% between 2010 and 2011, PwC concludes in its annual study of the top 100…
Executives and shareholders of foreign mining companies who slept soundly over the past few years thinking they had smartly navigated the murky waters of Argentine politics, regulations and tax policy got a rude awakening in late October.
Investors hoping to cash in on Taseko Mines’ second bid to develop the the New Prosperity copper-gold mine should think back a year. At that time, despite assurances from the company and its president that the original Prosperity mine proposal…
During the 1970s I worked at the Geco copper mine in Manitouwadge, Ont. With 650 employees, it was about half the size of a big diamond mine in Canada today.
If anything underscores the inherent risk of mining, it was the past week for Agnico-Eagle Mines.
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