Metals commentary: Worldsteel predicts slow growth ahead
The following is an edited report from the Brussels-based World Steel Assosciation entitled Short Range Outlook for 2015 and 2016. For more information, please visit www.worldsteel.org
News
Rob McEwen speaks out on Mexican gold robbery
On April 7 armed robbers stole 900 kilograms of gold-rich concentrate containing 7,000 oz. gold from McEwen Mining’s (TSX: MUX; NYSE: MUX) El Gallo 1 mine in Sinaloa, Mexico. At US$1,200 per oz. gold, the thieves made off with over…
Suppliers news: Boart Longyear workers hit safety milestones
Two of Boart Longyear’s (US-OTC: BOARF; ASX: BLY) drilling teams have hit impressive safety streaks.
Suppliers news: SGS lab in Turkey gets accredited
Inspection, verification, testing and certification services firm SGS has announced that its laboratory in Ankara, Turkey has been recognized by the International Accreditation Service for meeting the requirements for specific registered tests…
Suppliers news: Superior Industries to take over Clemro Western
Superior Industries, a major Minnesota-based manufacturer and bulk-material handling system, has entered into an agreement to acquire Clemro Western, a Calgary-based company that makes crushing and screening equipment for customers…
Ontario gov’t funds graphite research for Zenyatta
The Ontario government is spending $500,000 to help Thunder Bay-based graphite explorer Zenyatta Ventures (TSXV: ZEN; US-OTC: ZENYF) test samples from its Albany project near the town of Hearst.
Mountain Province Diamonds a top pick for Salman Partners
Salman Partners’ senior analyst Raymond Goldie has upgraded Mountain Province Diamonds (TSX: MPV; NASDAQ: MDM) from a “buy” to a “top pick,” after the junior reiterated it is on track and on budget to start…
Klondex adds life to Midas with aggressive drilling
When Klondex Mines (TSX: KDX; US-OTC: KLNDF) bought the Midas gold-silver mine in Nevada from Newmont Mining (NYSE: NEM) in early 2014, Newmont had penciled in March 2015 as the date the underground operation would reach the end of its mine…
Kaizen searches for Kamoa analogues in Canada’s Far North
VANCOUVER — Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) is about to kick-start exploration for sediment-hosted copper deposits at its Coppermine project, 5 km south of the community of Kugluktuk, Nunavut.
Roxgold starts construction at Yaramoko
Roxgold (TSXV: ROG; US-OTC: ROGFF) has kicked off construction at its high-grade Yaramoko gold project in southwestern Burkina Faso, with an aim of starting production in the second quarter of 2016.
Newmont green-lights Long Canyon gold mine
VANCOUVER — Denver-based Newmont Mining (NYSE: NEM) is poised to open up a new gold district at its Long Canyon project along the eastern flank of the Pequop Mountains in northeastern Nevada. The U.S. Bureau of Land Management (BLM)…
Alamos, AuRico unveil US$1.5B ‘merger of equals’
VANCOUVER — Alamos Gold (TSX: AGI; NYSE: AGI) and AuRico Gold (TSX: AUQ; NYSE: AUQ) have apparently been in an on-again, off-again courtship for years, but on April 13 the companies decided to tie the knot amidst a rising tide of merger…