Dividend cut and losses hurt Cliffs
Investors were beating up Cliffs Natural Resources (CLF-N) after it cut its dividend and reported a quarterly loss.
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Antofagasta Gold confirms more gold in Chile
Antofagasta Gold (AN-V), which changed its name from Windamere Ventures this week, says initial drilling at its Capricornio property in Chile confirms it has made a new, regional scale, low-sulphidation epithermal gold discovery.
Inmet boosts copper reserves as First Quantum bid looms
VANCOUVER — As its future hangs in the balance, Canadian base metals producer Inmet Mining (IMN-T) continued to increase its value via a global resource update on Feb. 11, which was highlighted by a 22% jump in proven and probable copper…
Oyu Tolgoi’s feasibility study gets delayed
Turquoise Hill Resources (TRQ-T, TRQ-N) updated the market on its 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert with a mix of potentially good and bad news.
Kinross results weighed down by Tasiast write-down
Kinross Gold (K-T, KGC-N) will have to take the bad with the good.
Barrick takes US$3.8B hit on Lumwana copper mine
VANCOUVER – Copper isn’t turning out to be the growth avenue Barrick Gold (ABX-X) hoped it would be.
Florence prefeasibility lifts Curis to 52-week high
VANCOUVER – Curis Resources (CUV-T) managed to buck two of the mining sector’s most persistent problems – creeping capital costs and rising operating expenses – with a prefeasibility study for its Florence copper project in…
Getting it right at Comstock
Struggling with broken balance sheets and non-progressive management philosophies is part of his DNA, Corrado DeGasperis says.
Altan on the trail for Nevada’s next gold discovery
CARSON CITY, NEVADA — Driving along a broad stretch of freeway on the outskirts of Reno, it is obvious that Altan Nevada’s (ANE-V) director of exploration Kelly Cluer calls Nevada home. He spent the first 10 years of his career here…
Atna poised to capitalize on US gold portfolio
INYO COUNTY, CALIF. — If all goes according to plan, 2013 could be a banner year for junior gold producer Atna Resources (ATN-T) and its portfolio of advanced-stage gold assets in the southwestern U.S. With one gold mine cranking out cash…
Royalty sale a windfall for Premier Gold
It’s not every day that an exploration-and-development company can turn a US$35-million profit in just 14 months with what appears to be little effort.
Back Forty gains grade but work still suspended
VANCOUVER — A new resource estimate for the Back Forty poly-metallic project in Michigan’s Upper Peninsula has boosted the deposit’s metal grades. But despite the improvement, no work is underway at the site because project…