Industrial/Specialty Minerals

A box cut under construction for the first access declines to the planned underground copper mine at Kamoa in the Democratic Republic of the Congo. Ivanhoe Mines has sold almost half its stake in the project to Zijin Mining Group. Credit: Ivanhoe Mines

China’s Zijin Mining buys into Barrick, Ivanhoe assets

Just a week after Vale (NYSE: VALE) unveiled a memorandum of understanding with one of China’s largest commercial banks for financing arrangements worth up to US$4 billion, Zijin Mining Group of southern Fujian province has agreed to…




TSX slides, May 4-8

Poor jobs data and a decline in energy stocks after the New Democratic Party majority win in Alberta sent the S&P/TSX Composite Index down 1.1% to 15,170.02. The S&P/TSX Capped Diversified Metals & Mining Index fell 2.8% to 805.08,…


The camp at Eastmain Resources' Clearwater gold project in Quebec's James Bay region. Credit: Eastmain Resources

Eastmain resource turns heads

When RBC Capital Markets recently screened for undeveloped open-pit gold projects in North America with a resource of more than 500,000 oz. gold in the measured and indicated category and a grade of greater than 1.5 grams gold per tonne, it…





Wall Street marches higher, April 6-10

U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to…



At the Prospectors & Developers Association of Canada convention in Toronto in March, from left: Al Shefsky, president of Pele Mountain Resources; Michael Gravelle, Ontario Minister of Northern Development and Mines; Janis Peleshok, director; Martin Cooper, vice-president of Aboriginal Affairs; and Margie Bugarin, resource administrator. Source: Pele Mountain Resources

Pele Mountain moves monazite processing plan ahead

When Pele Mountain Resources (TSXV: GEM; US-OTC: GOLDF) announced a strategy in October 2014 to extract and separate rare earth elements from monazite concentrate imported from overseas at its Eco Ridge project in Elliott Lake, the plan caught…


US equities jump, March 16-20

U.S. stocks rose on a declining dollar and higher gold prices at a slower-than-expected pace, which pushed up the main indexes.


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