Yamana recruits former Augusta execs to head Brio Gold
Looking to wring more value out of its non-core assets in Brazil, Yamana Gold (TSX: YRI; NYSE: AUY) is creating a 100%-owned subsidiary named Brio Gold.
Copper
TSX continues decline, Dec. 8-12
Canada’s benchmark index fell during the trading week as investors fretted over plunging oil prices and weaker-than-expected economic data from China. The S&P/TSX Composite Index lost 742.65 points, or 5%, to end at 13,731.05. The…
Vale may sell part of its base metals division
After paying almost US$20 billion for Inco in 2006, Vale (NYSE: VALE) says it may sell part of its base metals division to unlock value.
Freeport-McMoRan rejigs property portfolio as oil prices sink
VANCOUVER — It’s been a year of change for miner Freeport-McMoRan (NYSE: FCX) that has included a portfolio shuffle and renewed focus on a strong balance sheet and dividends. The company remains a big player in the…
Wood Mac sees stronger prices for copper, nickel, zinc
Falling energy and metal prices are leaving many investors in the mining space anxious about what lies in store next year. Julian Kettle, head of metals and mining research at Wood Mackenzie in London, recently took time to speak to The…
Scotiabank’s Patricia Mohr looks ahead to 2015
Patricia Mohr, vice-president of economics and commodity market specialist at Scotiabank in Toronto, will release her metal price forecasts for 2015 in her annual year-end report at the end of December. But she agreed to share some of her…
Eastmain teams with Darnley Bay at Lac Lessard
Last year Eastmain Resources (TSX: ER; US-OTC: EANRF) surveyed its wholly owned Lac Lessard property in the James Bay region of northern Quebec using a combined airborne magnetic and electromagnetic VTEM system that identified 10 highly…
Lundin hits commercial production at Eagle
Lundin Mining (TSX: LUN; US-OTC: LUNMF) now has another commercial mine in its growing roster of operations.
Visible Gold follows the yellow brick road
Sometimes the cleverest path is to follow someone else’s road.
Trevali finds more mineralization at Stratmat
Trevali Mining (TSX: TV; US-OTC: TREVF) has found a mineralized body outside of the 2009 resource at its Stratmat zinc-lead-silver-copper-gold project in New Brunswick.
Copper miners hold up under BMO forecast
Copper prices have dipped below US$3 per lb. several times this year — in March, briefly in October, and then in November — for the first time since mid-2010.
Imperial balances start-up and cleanup
Imperial Metals (TSX: III; US-OTC: IPMLF) has estimated cleanup costs related to the early August tailings dam failure at its Mount Polley mine at $67.4 million — less than many analysts had expected.