GlobeStar sees opportunity in DR
SITE VISIT Santo Domingo, Dominican Republic — When Bill Fisher, chief executive of GlobeStar Mining (GMI-T), first arrived on the tropical shores of the Dominican Republic, the weather may have…
Copper
Codelco strives to modernize
Three decades on from its creation, the Chilean government wants Codelco, the world’s largest copper producer, to operate more like its privately owned rivals. But despite offers, the government is lo…
Columbia Metals expects Lluvia production this year
The 1990s weren’t kind to some low-grade gold projects, and one of those was the Lluvia de Oro mine in northwestern Sonora state, Mexico. It operated for less than three years under two owners, and se…
How to model windfall profits taxes
Commentary In planning a new mine, engineers can draw on a wealth of long-established procedures to prepare a finely detailed study to track construction and operating costs down to the…
Editor’s Picks: the Week’s Top Mining Stories
Even as new record, nominal highs for uranium and nickel prices were being set in the week ended Feb. 24, it was organized labour action in Canada’s railyards that grabbed the most focused attention o…
Marathon PGM cuts high-grade
The two highest concentrations of precious metals drilled to date in the Coldwell intrusive complex in north-central Ontario have been intersected in recent drilling by Marathon PGM (MAR-T, MRPGF-O).
Friedland touts Mongolian partnership
Vancouver — Ivanhoe Mines (IVN-T, IVN-N) chairman Robert Friedland says he can see the advantage of partnering with the government of Mongolia as the company works to develop the massive Oyu Tolgoi c…
Equinox studies uranium at Lumwana
Equinox Minerals (EQN-T, EQN-A) has entered into a $175-million bought-deal financing agreement to fund the development of its Lumwana copper project in Zambia.
Copper surge creates cash for Aur Resources
Aur Resources’ (AUR-T, AURRF-O) production may have dropped in 2006, but a spike in copper prices allowed the company to more than double its net income to US$293.7 million.
Ontario nickel projects advance
Nickel projects in northern Ontario seem to be proceeding nicely, defying the predictions of doom vented before the takeovers of Inco and Falconbridge.
Study says Maskwa has the stuff
A preliminary economic study on the Maskwa nickel-copper deposit in eastern Manitoba says higher metal prices have justified a higher resource figure.
Debate ramps up as Northern Dynasty’s Pebble grows
Vancouver — Northern Dynasty Minerals (NDM-V, NAK-X) says its huge Pebble project in southwestern Alaska now ranks as the world’s second-largest porphyry copper-gold deposit, and could get even large…