MABC honours O’Rourke, Pease
The Mining Association of British Columbia (MABC) has co-awarded Jim O’Rourke of Copper Mountain Mining (CUM-T) and Robert Pease of Terrane Metals as 2010’s “Mining Person of the Year.”
News
Global mining giants eye Quesnel Trough
British Columbia’s Quesnel Trough could see heightened exploration this year now that several international majors have taken an interest.
ArcelorMittal invests $2.1B in Quebec
ArcelorMittal (MT-N) is spending $2.1 billion to expand its Mont-Wright mining complex and Port-Cartier pellet plant near Fermont in northern Quebec.
Cline slumps on production delays, dilutive financing
Investors disappointed with Cline Mining’s (CMK-T, CLNMF-Q) early morning announcement on May 16 that coal production in 2011 is going to be lower than expected at its recently reopened New Elk coal mine in Colorado were hit with more…
Quaterra picks up past producer in Nevada
The 1970s were not kind to the Anaconda Copper Company. Its properties were expropriated in Chile and the company was eventually taken over by Arco, an oil and gas company that wasn’t interested in the copper producer’s mineral assets, which…
Southern Arc outlines wide zone
On one a tough day on the market for miners, Southern Arc Minerals (SA-V) defied the trend and made a solid gain on the back of its latest drill results.
More violence at Barrick’s North Mara
The problems continue for Barrick Gold (ABX-T, ABX-N) in Tanzania, only now the Toronto-based miner is slightly shielded by the company it spun the assets into – African Barrick Gold (ABG-L).
China Coal aims to become a mid-tier producer (May 30, 2011)
Feng Lishe was born in Xinjiang – a province in remote northwestern China where per capita GDP typically averages US$2,000 a year in the cities, and about half that in the countryside.
Upgrading to CIL positive for Hassai, La Mancha says (May 30, 2011)
La Mancha Resources’ (LMA-T) producing Hassai gold mine may be in the middle of the Red Sea Hills desert in northeastern Sudan, but upgrading its current heap-leach plant to carbon-in-leach technology still makes sense, a definitive feasibility…
Mawson advances Rompas despite Finnish bureaucracy (May 30, 2011)
Ranked the world’s fifth-best mining jurisdiction based on exploration potential and safety of investment in the Fraser Institute’s Annual Survey of Mining Companies for 2010/11, Finland is generally regarded by mining executives around the…
Pacific NW Capital drills PGMs at River Valley
Harry Barr grew up on a family farm in Ontario’s Ottawa Valley and studied agribusiness at Guelph University, but when his uncle Mel asked him to help run a placer gold mine in the jungles of Colombia, a future career in mining became set in…
Hunt’s promising intercepts at La Josefina
Argentina-focused Hunt Mining (HMX-V) has drilled encouraging gold intersections at the Sinter zone of its La Josefina gold project in Santa Cruz province.