Peregrine ready to dance with a new partner at Chidliak
When Peregrine Diamonds (PGD-T) lost BHP Billiton (BHP-N, BLT-L) as a 51% partner at Chidliak late last year, it didn’t look good for the junior. BHP’s withdrawal from the project…
News
Mountain Province Diamonds raising $47M for Gahcho Kué
To pay its share of initial capital costs at the $550-million Gahcho Kué diamond project, in the Northwest Territories, Mountain Province Diamonds (MPV-T, MDM-X) is planning a $47-million rights issue….
Crazy Horse moves Taysan ahead with prefeasibility study
VANCOUVER — Philippines-focused Crazy Horse Resources (CZH-V) has outlined a 15-million-tonne-per-year open-pit copper operation at its Taysan project in a prefeasibility study.
Goldcorp’s growth profile could eclipse Red Lake fumble
VANCOUVER — Vancouver-based major Goldcorp Inc. (G-T, GG-N) stumbled out of the gate to start the year, as adverse-ground conditions and grade variability at its flagship Red Lake gold mine 230-km-northwest of Dryden, On….
First Nickel aims to use revived Lockerby mine as a launching pad
It’s been a long haul for Toronto-based developer First Nickel (FNI-T) as it strives to revive commercial production at its Lockerby nickel-copper mine outside of Sudbury, Ont.
Correction
The article “Augusta moves Rosemont forward” (TNM, April 23–29/12) incorrectly stated that Goldman Sachs owns 9.28% of Augusta. In fact, Goodman and Company owns 9% of the company.
China’s investment in smart grids to benefit copper, aluminum
China plans to increase investment in its power sector by 88% under its 2011–2015 plan, and a significant amount of that will be directed towards smart-grid technology, London-based Barclays analyst Gayle Berry writes in a recent research…
African Barrick grows Nyanzaga
African Barrick Gold (ABG-L) says its Nyanzaga project has the potential to become its next gold mine in Tanzania. The company — whichBarrick Gold(ABX-T, ABX-N) spun out to hold its African gold assets — has four mines in…
Tin and silver: The new electric metals
Historic high prices for tin and silver are in the cards between now and 2018 as demand for the two metals in solder used in the electronics industry continues to climb and supply fails to keep pace, Jon Hykawy, head of global research at Byron…
Pretium sees greater high-grade potential at Brucejack
Pretium Resources (PVG-T, PVG-N) has added almost 9 million oz. gold to its high-grade Brucejack resource without any extra information.
Planetary Resources’ plan to mine asteroids
A start-up company with high-profile supporters has set out to boldly go where no miner has gone before — to extract the resource riches of outer space.
Ivanhoe Australia eyes Mount Elliott’s riches
Ivanhoe Australia’s (IVA-T, IVA-A) acquisition in September 2010 of the Osborne copper-gold processing complex in northwestern Queensland will help transform the company into a significant base metal producer, and much of its mill feed is…