Gold output picks up at Perseus’ Edikan mine
Perseus Mining (TSX: PRU; ASX: PRU) is cleaning up its act, and has at least one analyst taking notice.
News
Iron ore price collapse claims more victims
Cliffs Natural Resources (NYSE: CLF) and London Mining (US-OTC: LIIGF; LSE: LOND) have become the latest casualties of falling iron ore prices, with Cliffs warning that it expects to record a US$6-billion non-cash impairment charge in the third…
ICSG forecasts copper surplus in 2015
After five years in a row of deficits, the copper market should show a production surplus in 2015, according to The International Copper Study Group.
Mkango climbs on Malawi’s REE potential
It’s a little unusual for a Canadian junior to skip a preliminary economic assessment and proceed to the prefeasibility stage, but that strategy seems to have worked for Calgary-based Mkango Resources (TSXV: MKA), judging by the…
Argentex grows Pinguino, looks for partners
Argentex Mining (TSXV: ATX; US-OTC: AGXMF) believes its Pinguino project is the largest undeveloped silver-gold vein field in the Patagonia region of Argentina.
TSX sinks on global economic fears, Oct. 6-10
Canada’s main stock index posted its biggest loss in more than a year as investors fretted about the state of the global economy, despite robust employment data.
Clarification
The story “Probe Mines brings ex-Barrick CEO on board” (T.N.M., Sept. 29-Oct. 5/14), included analysis of Probe Mines’ (TSXV:PRB)Borden gold project by Mike Hocking, a mining analyst at Scotia Capital. The story…
Lonmin doubles down on Wallbridge JVs in Sudbury
VANCOUVER — U.K.-based platinum group metals (PGM) outfit Lonmin (LSE: LMI; US-OTC: LNMIY) remains bullish on the Sudbury basin and its expansive joint venture with junior Wallbridge Mining (TSX: WM; US-OTC: WLBMF). On Sept. 20…
Ivanhoe says most locals support Platreef
Should Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) cranks out its estimated 785,000 oz. platinum, palladium, rhodium and gold from the Platreef project in South Africa, the underground operation 280 km northeast of Johannesburg would be…
RB Energy halts production
Instead of heading toward full production in early 2015 at its Quebec Lithium mine, 60 km north of Val-d’Or, Que., RB Energy (TSX: RBI; US-OTC: RBEIF) is headed for a restructuring.
Fortune aims for near-term cash flow at Revenue
VANCOUVER — According to president Robin Goad, Fortune Minerals’ (TSX: FT; US-OTC: FTMDF) acquisition of the fully permitted Revenue silver-gold-lead-zinc mine in southwestern Colorado is poised to take the company…
Stellar Diamonds starts trial mining in Guinea
For a junior diamond-development company with operations in Guinea and Sierra Leone — two of the three countries in West Africa hit by the Ebola virus — it’s remarkable that Stellar Diamonds (US-OTC: SDIZF; LSE:…