Nevsun sees bright future at Bisha
It’s a transformative year for Nevsun Resources (TSX: NSU; NYSE-MKT: NSU), as the company and its 40% joint-venture partner, Eritrean National Mining, remain on schedule and under budget to complete…
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Goldcorp’s new-look ‘conservatism’ fails to impress
VANCOUVER — Goldcorp’s (TSX: G; NYSE: GG) first conference call of the year marked a changing of the guard, as well-known executive Chuck Jeannes retired and made way for new…
Continental Gold improves Buritica’s economics
A feasibility study on Continental Gold’s (TSX: CNL; US-OTC: CGOOF) Buritica gold-silver project in Antioquia, Colombia, shows a 10% improvement in total costs and stronger economics for a high-grade underground mine….
New Millennium sticks to its guns in fight with dissidents
New Millennium Iron (TSX: NML) is in the throes of a proxy fight as disgruntled shareholders aim to replace the company’s board of directors at a special shareholders’ meeting in mid-March.
Richmont CEO Renaud Adams: ‘Now we control our destiny’
Richmont Mines’ (TSX: RIC; NYSE-MKT: RIC) president and CEO Renaud Adams talked to The Northern Miner about the 187% reserve increase at its two gold mines. Reserves at the Island Gold mine in Ontario grew 206% to…
Potash faces ‘significant headwinds,’ Macquarie says
Slow adjustments to potash supply will “prolong the pain of rebalancing,” while power “shifts to the buyers,” Macquarie Research says.
Richmont boosts gold reserves 187%
Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is reaping the rewards of its extensive drilling campaigns last year, with a combined 187% increase in reserves at its two gold mines: Island Gold in Ontario and Beaufor in Quebec.
Excelsior updates Gunnison prefeasibility
A staged production approach at Excelsior Mining’s (TSXV: MIN; US-OTC: EXMGF) Gunnison copper project in southeastern Arizona would slash upfront capital costs and lower financing risk, while delivering a post-tax internal rate of return…
Kinross credit rating cut to ‘junk’
Citing Kinross Gold’s (TSX: K; NYSE: KGC) higher costs and its “operating risk exposure” in Russia, Standard & Poor’s has lowered the Toronto-based gold producer’s long-term corporate credit rating to BB+ from…
Thornton’s Barrick looks leaner
Barrick Gold (TSX: ABX; NYSE: ABX) is benefitting from going back to the basics, under the direction of chair John Thornton.
Suppliers news: $2.6M research cluster to tackle corrosion in Saskatchewan
The Saskatoon-based non-profit International Minerals Innovation Institute (IMII) has announced a research initiative that could benefit miners in the province.
South32 restructures, flags US$1.7B writedown
The world’s largest manganese producer is taking a machete to supply so that it can rebalance the market.