BHP tables US$6.4B loss in worst-ever year
VANCOUVER — BHP Billiton (NYSE: BHP) has posted the worst annual financial results since its inception in 2001, but CEO Andrew Mackenzie now says the “free fall” has likely passed for…
Copper
The geology underlying the quest for minerals on Canada’s East Coast
VANCOUVER — The geology of eastern Canada largely owes itself to a series of events that began 480 million years ago, when the Iapetus Ocean (analogous to today’s Atlantic Ocean) closed…
Kakula discovery a potential ‘game changer’ for Kamoa
VANCOUVER — The latest drilling by Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) at the Kakula target — 5 km southeast of its large Kamoa copper deposit, being codeveloped with Chinese…
Dundee gets key permit for Krumovgrad
It’s been a long road, with a few twists and turns, but Dundee Precious Metals (TSX: DPM) has finally received a construction permit to build an open-pit mine at its…
TSX posts slight increase, Aug. 1-5
Disappointing employment numbers and a widening trade gap kept Canada’s benchmark index relatively flat at 14,648.77, up just 0.5% from the previous trading week. Statistics Canada reported that the country’s…
The Northern Miner podcast – episode 24: Back in action ft. Mickey Fulp
Matt and Lesley are back in action with tons of material from recent site visits and interviews following a busy July! Lesley discusses her trips to Great Panther Silver‘s (TSX: GPR;…
Site visit: GoldQuest’s Romero at ‘decision point’
SAN JUAN, DOMINICAN REPUBLIC — The road to GoldQuest Mining’s (TSXV: GQC) exploration camp is rough to say the least. But president and CEO Julio Espaillat’s hands are steady on…
Eight Active Juniors on Canada’s East Coast
Atlantic Canada’s mineral riches have enticed mineral explorers since before Confederation. The following are eight such junior explorers and developers carrying on the tradition. Anaconda Mining Toronto-based Anaconda Mining (TSX:…
Odin Mining to buy Ecuador Gold and Copper
In a friendly all-share deal that knits together assets in southern Ecuador, Odin Mining and Exploration (TSXV: ODN), a junior that counts mining entrepreneur Ross Beaty as its largest shareholder,…
Silver Wheaton paying US$800M to raise Salobo gold stream to 75%
Silver Wheaton (TSX: SLW; NYSE: SLW) is offering a subsidiary of Vale (NYSE: VALE) US$800 million to buy another 25% gold stream from the Salobo copper-gold mine in Brazil. Vancouver-based…
TSX Venture rises, July 25-29
The S&P/TSX Venture Composite Index jumped 26.2 points, or 3.4%, to a 796.17-point close, while spot gold prices gained US$28.55, or 2.2%, to US$1,351.28 per oz. gold. Comex copper edged…
Yukon Premier supports mines
DAWSON CITY, YUKON — Lining the quartz-gravel roads of Yukon’s Dawson City, the commercial hub of the legendary Klondike placer goldfields, are a number of derelict buildings that once gave…