News

Salt picks up slack from coal, iron ore on St. Lawrence Seaway

High demand pushed 1.4 million tonnes of road salt through the St. Lawrence Seaway between April 2 and July 31. That figure represents a 3% rise from 2014, which was an exceptional year for salt, according to the St. Lawrence Seaway Management…


DSI scoops up bolt business from Hilti

DYWIDAG-Systems International (DSI) has announced it is buying the intellectual property and manufacturing assets for the “OneStep” mining bolt from Hilti.


Drills on barges on Patterson Lake at Fission Uranium's Patterson Lake South uranium project, near Saskatchewan's Athabasca basin. Source: Fission Uranium

Fission Uranium’s Triple R shows strong economics

Analysts are applauding Fission Uranium’s (TSX: FCU; US-OTC: FCUUF) preliminary economic assessment (PEA) on the Triple R deposit at its 100% owned Patterson Lake South property just outside the southwestern portion of …


Editorial: Signs of life in copper market

Glencore’s surprise decision to cut back its copper production coupled with stronger-than-expected Chinese copper import data have had a salutary effect on copper prices, which jumped 5% on Sept. 8 to record their biggest one-day…


Just over the ridge lie the processing facilities for Pan American Silver's La Colorada mine, located in the state of Zacatecas. Source: Pan American Silver

Pan American Silver expands Mexico operations

At a time when lower commodity prices are fuelling cost-cutting and restructuring plans across the mining sector, Pan American Silver (TSX: PAA; NASDAQ: PAAS) is pushing ahead with expansion projects at two of its three mines in Mexico, and…



Largo Resources' Maracas vanadium mine in Brazil, where Anglo Pacific Group holds a 2% net smelter return royalty. Credit: Largo Resources.

Anglo Pacific has ‘turned the corner,’ CEO says

For Anglo Pacific Group (TSX: APY; LSE: APF), royalty income in the first half surpassed all of the royalty income earned last year. And while the company posted an after-tax loss for the six months ended June 30, it was a much smaller one than…


Goldcorp's El Morro gold-copper project in northern Chile's Huasco province. Source: Goldcorp

Goldcorp, Teck join forces to tackle El Morro in Chile

El Morro, the large undeveloped gold-copper deposit in northern Chile, will become the focus of a joint venture (JV) between Goldcorp (TSX: G; NYSE: GG) and Teck Resources (TSX: TCK.B; NYSE: TCK), giving it a better chance of reaching its…


Atop Minera IRL's Ollachea gold deposit in Peru, with the town of Ollachea in the background, as seen in 2011. Photo by John Cumming

Minera IRL’s shareholders remove chairman Hodges

In less than a month, Minera IRL (TSX: IRL; LSE: MIRL) has lost community support for its Ollachea gold project in Peru, dismissed its interim CEO, and most recently, shown its executive chairman Daryl Hodges the door.


Argonaut Gold's El Castillo gold mine in Mexico, 100 km north of the city of Durango, where the company has spent US$16 million so far this year. Source: Argonaut Gold

Argonaut aims to balance expansion, cost control

VANCOUVER — Argonaut Gold (TSX: AR; US-OTC: ARNGF) is walking a fine line by expanding its gold and silver production while controlling operating costs to maximize its free cash flow. The company’s long-term goal is to boost…



Mining engineers lead an underground  tour through Sierra Metals' 82%-owned Yauricocha mine in Peru. Source:  Sierra Metals

Sierra Metals turns up the heat in Mexico

In July, Sierra Metals (TSX: SMT) appointed as its vice-president of exploration Matthew Wunder — a geologist who during  his career was part of a group at Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) that discovered and developed the…


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