Aurcana improves operations at La Negra
VANCOUVER — It’s all about boosting near-term liquidity for silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) as it grapples with a high debt load and falling metal prices. On Dec. 1 the company released its…
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Fact ‘n’ figures: Citigroup favours palladium for 2015
Palladium mine supply production this year will fall to 5.9 million oz. — its lowest level in nearly 20 years, and an 8% drop from 2013 — while demand for the metal grows, Citigroup outlines in a Dec. 1 research report.
Despite exceptional stone tenders, Lucara takes conservative stance at Karowe
VANCOUVER — It’s been a two-year run for producer Lucara Diamond (TSX: LUC; US-OTC: LUCRF) at its Karowe mine in Botswana, and the company isn’t showing any signs of slowing down. On Dec. 9 Lucara released its operating…
AME BC announces 2014 award winners
The Association for Mineral Exploration British Columbia (AME BC) has announced the recipients of its annual awards for 2014.
Miners struggle to adapt to lower coal prices
Thermal coal prices recently touched a five-and-a-half-year low of US$62.25 per tonne, and the market has seen several mining companies announce plans to sell coal assets or take on partners to weather the downturn.
Thompson Creek shutters Endako
VANCOUVER — Rough commodity markets are forcing miners to make tough decisions, and Colorado-based Thompson Creek Metals (TSX: TCM; NYSE: TC) is the most recent operator driven to place a struggling asset on temporary care and maintenance…
West Kirkland brings new life to Hasbrouck, Three Hills
TONOPAH, NEVADA — There’s a wealth of history in the ground at West Kirkland Mining’s (TSXV: WKM; US-OTC: WKLDF) recently acquired Hasbrouck and Three Hills gold properties in Esmeralda county, Nev., but new ideas are what the…
African Gold Group touts low costs for Kobada in Mali
Free-digging saprolite and favourable metallurgy at African Gold Group’s (TSXV: AGG; US-OTC: AGGFF) Kobada open-pit gold project in Mali will help keep a lid on costs, according to an updated preliminary economic assessment, which…
African Barrick changes name to Acacia, gets busy in Burkina Faso, Tanzania
African Barrick Gold — now called Acacia Mining (LSE: ACA) — has signed an earn-in agreement with Sarama Resources (TSXV: SWA) on its South Houndé project in Burkina Faso and approved an underground mining…
Vale may sell part of its base metals division
After paying almost US$20 billion for Inco in 2006, Vale (NYSE: VALE) says it may sell part of its base metals division to unlock value.
New technologies push industrial silver consumption
The following is an edited executive summary from Glistening Particles of Industrial Silver, a report prepared for the Silver Institute by CRU Consulting. To view the full report, visit www.silverinstitute.org.
Suppliers news: Sandvik, EDC, Amec-Foster Wheeler, Cementation, ABB
Sandvik partners with Barrick to improve drill safety