News

New Brunswick: top spot for mining

The international mining industry has ranked New Brunswick as the world’s most attractive jurisdiction for exploration and development, unseating last year’s winner Alberta which fell to third place behind Finland, according to the…


Doubling of resource creates buzz about La Mancha

Visual outcrops of sulphide can be seen at the bottom of twelve of the sixteen oxide pits that make up La Mancha Resources’  (LMA-T) Hassai mining complex in the remote desert of northern Sudan. And a new resource estimate based on…


Freegold hunts Alaskan gold at Golden Summit

Vancouver — Freegold Ventures (FVL-V) hopes to be the next big thing in Alaskan gold country with projects in areas that have proven resource-rich for Sumitomo Metal Mining and Kinross Gold (K-T, KGC-N).



Pretium sketches a larger mine at Brucejack

Pretium Resources’ (PVG-T, PVG-N) updated preliminary economic assessment (PEA) for the Brucejack gold-silver project in northern British Columbia outlines a larger and more robust mine.



Kilo juggles projects on several fronts

 In late January Kilo Goldmines (KGL-V) announced that its iron ore joint-venture project with Rio Tinto (RIO-N, RIO-L) in the Democratic Republic of the Congo has the potential to host direct shipping ore. In the same announcement the…



BHP and Rio double-down on copper

Vancouver — BHP Billiton (BHP-N, BHP-L, BHP-A) and Rio Tinto (RIO-N, RIO-L, RIO-A) are feeling optimistic about copper. Six weeks into the first quarter of 2012, the two mining giants unveiled plans to commit over U$4 billion to expand…


Drilling at Nevsun Resources' Bisha gold mine, 150 km west of Asmara in Eritrea. Photo by Nevsun Resources

Where did Nevsun’s gold go?

At a time of record-high gold prices Nevsun Resources (NSU-T) had the unfortunate task of announcing to the market that it has a lot less gold in its deposit than it originally believed.


People

Coeur d’Alene Mines — Randy Buffington appointed senior VP of operations.


Cerro Resources' Mount Philp iron ore project in Northwestern Australia. Photo by Cerro Resources

Cerro Resources makes headway at Mt. Philp

A new resource estimate for the Mount Philp hematite iron prospect in Northwestern Australia shifts more inferred resources into the indicated category but has failed to lift the shares of Cerro Resources (CJO-V, CJO-A).


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