Weak met coal prices forces Walter to shutter BC mines
VANCOUVER — In 2011 the metallurgical coal market was hot. Chinese demand seemed insatiable and floods had disrupted Australian supplies, pushing prices as high as US$300 a tonne.
News
Inmet alumnus Tilk to replace Doyle as PotashCorp CEO
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has surprised analysts by revealing that its long-time president and CEO Bill Doyle will be replaced in July by mining veteran Jochen Tilk, who apparently has no potash or fertilizer…
Timmins Gold hits the right notes at San Francisco
VANCOUVER — Mexico-focused producer Timmins Gold (TSX: TMM; NYSE-MKT: TGD) is riding positive momentum to start 2014 as the company exceeds analyst expectations and sets production records at its San Francisco gold–silver…
GoldSource sees path to production in Guyana
VANCOUVER — Down markets can yield opportunity, and for junior GoldSource Mines (TSXV: GXS; US-OTC: GXSFF) that opportunity came in the form of a February merger with Guyana-focused explorer Eagle Mountain Gold (TSXV: Z).
Clifton Star refines Duparquet gold mine plan
VANCOUVER — Clifton Star Resources (TSXV: CFO; US-OTC: CFMSF) could turn its Duparquet project in Quebec into an open-pit gold mine for $394 million, according to a new prefeasibility study.
Juan de Herrera shows the right signs for Precipitate Gold
VANCOUVER — “It’s been exciting — there are a lot of good things going on here that just all seem to be aligning,” said Precipitate Gold (TSXV: PRG; US-OTC: PREIF) president and CEO Jeffery Wilson in an interview…
Argonaut dips despite good Q1 production results
Toronto-based Argonaut Gold (TSX: AR; US-OTC: ARNGF) reported slightly higher first-quarter production from its two gold–silver mines in northern Mexico, but that wasn’t enough to pick up the junior’s recently declining stock,…
Rio Tinto struggles with Pilbara iron ore, Oyu Tolgoi
VANCOUVER — Despite setting production records during the first quarter, Rio Tinto (NYSE: RIO; LSE: RIO) is not off to the best start to 2014. The company struggled with bad weather at its iron-ore operations in Western Australia,…
Endeavour Silver mines new high-grade zone at El Cubo
VANCOUVER — Endeavour Silver (TSX: EDR; NYSE: EXK) has done it again.
Dalradian boosts Curraghinalt in Northern Ireland
VANCOUVER — According to CEO Patrick Anderson, explorer Dalradian Resources (TSX: DNA) has developed a “superior geological model” at its Curraghinalt lode-gold deposit 127 km west of Belfast, Northern Ireland, that is…
Editorial: Diamonds a lodestar in Canadian mining firmament
While much of the global mining industry has been limping along under sagging commodities prices and looming oversupply, one of the brightest spots has been the Canadian diamond-mining industry, which has weathered its wild, rocky youth and…
Suppliers news: Joy Global, SRK, GE, Sandvik
Joy Global snaps up Sudbury firm