Teck’s Permitting Issues Dog Red Dog
VANCOUVER — Red Dog, the world’s largest zinc mine, has been operating for more than 20 years. Now its ability to keep pumping out more than 1 billion lbs. of zinc annually is under threat because an…
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Correction (March 01, 2010)
In our article about Equinox Minerals’ Lumwana mine ( T. N.M., Feb. 22-28/10) we incorrectly stated First Quantum Minerals held a 19.25% interest in Equinox. First Quantum actually holds a 16.32% inte…
Toronto Stock Exchange -Feb. 16-22
The TSX composite index finished the Feb. 16-22 period slightly higher as markets were still digesting the U.S. Federal Reserve’s surprise raising of the discount rate.
TSX Venture Exchange -Feb. 16-22
Despite the Winter Olympics keeping news flow quieter than usual in Vancouver, Feb. 16-22 was a busy trading week for the S&P TSX Venture composite index. The board ended the week up 8.33 points a…
U.S. Markets -Feb. 16-22
U.S. markets were unfazed by the U.S. Federal Reserve’s first interest rate hike since December 2008. The Fed raised the emergency lending rate it charges banks from 0.5% to 0.75%, citing improved fin…
Record Silver Eagle Sales For US Mint
The United States Mint has hit an all-time record partially inspired by uncertain economic times.
Barrick Spins Off African Assets, Boosts Stake In Cerro Casale
Just months after eliminating Barrick Gold’s (ABX-T, ABX-N) fixed-price hedge book and a little more than a year after being appointed president and chief executive, Aaron Regent is making headlines a…
Coup In Uranium-Rich Niger
The indefinite tenure of Niger’s President Mamadou Tandja has been cut short and Canadian junior miners in the country are sorting out what the implications of his removal mean for business.
Supreme Court Rules On Giant Mine Murders
VANCOUVER — Another chapter in the bitter Giant Mine labour dispute has come to a close. The Supreme Court of Canada ruled the mine owners, the national level of the mine’s union, the mine’s security…
The Technical Analysis Report: Rare Earth Metals (March 01, 2010)
There’s been much talk of late about China’s moves to crimp its exports of rare earth metals. Producing roughly 95% of the global supply, the move has inspired a line of thought arguing that rare eart…
International Minerals Ups Its Game In 2010
VANCOUVER — International Minerals (IMZ-T) released its latest quarterly report during a busy time for the company. Since its second quarter ended Dec. 31, International Minerals has completed one ac…
Fluor, Sinclair Knight Snap Up Contract With BHP In WA
Australian mining giant BHP Billiton (BHP-N) has contracted Fluor Corp. (FLR-N) and Sinclair Knight Merz (SKM) to continue work at BHP’s Pilbara iron ore mine in Western Australia.