TNM’s Mining Person of the Year: Garofalo a steady hand on the Hudbay tiller
In these times of economic and political turmoil, boring has become the new exciting.
Zinc-Lead
[Update] Silver Standard sees bright future at Pitarrilla
After repositioning Silver Standard as a well-funded firm with a strong management team and a sole operating mine in Argentina, Silver Standard Resources’ (SSO-T, SSRI-N) president and CEO John Smith says, “Now we are getting the…
First Quantum offers $5.1B in sweetened bid for Inmet
First Quantum Minerals (FM-T, FQM-L) has stepped up its game for Inmet Mining (IMN-T) with a hostile $5.1-billion takeover offer in hopes of winning over Inmet shareholders after failing twice to entice the company’s board in recent…
Brixton cuts high grades at Oban in 2012
VANCOUVER — Vancouver-based explorer Brixton Metals (BBB-V) cannot help but be excited by the silver-equivalent grades it has been cutting at its Thorn pollymetallic project 130km southwest of Atlin in northwestern British Columbia….
Lundin slips on three-year output guidance
Toronto-based Lundin Mining (LUN-T) dropped slightly after publishing its three-year production outlook for 2013 to 2015, as it lowered its estimates for copper, zinc and nickel from its previous guidance, but managed to keep them above 2012…
El Nino sees progress at Murray Brook
It has been a busy year for Vancouver-based El Nino Ventures (ELN-V). The company released results from a US$3-million, 18,500-metre drill program on its Murray Brook polymetallic massive sulphide project, 60 km outside of Bathurst, N.B., with…
[Update] Inmet rejects First Quantum’s takeover bid
Shares of Inmet Mining (IMN-T) are still climbing after it made two separate announcements yesterday, indicating it has turned down a second takeover bid from First Quantum Minerals (FM-T) and has adopted a shareholder…
El Nino sees progress at Murray Brook
VANCOUVER — It has been a busy year for Vancouver-based El Nino Ventures (ELN-V). The company released results from a US$3-million, 18,500-metre drill program on its Murray Brook pollymetallic massive sulphide project 60 km outside of…
MAG Silver faces activists in Mexico
Local media reports that landholders from the local community of Ejido have voted to expel MAG Silver (MAG-T) from its Cinco de Mayo property in Mexico and ban mining in the area for 100 years have sent shares in the mining company down by…
Tinka on to new zinc discovery
Tinka Resources (TK-V) could be on to a new zinc find in Peru and the market is beginning to take notice.
Teck wobbles in third quarter
Teck Resources (TCK-T, TCK-N) produced a record 99,000 tonnes of copper in the third quarter, up 29% year-on-year, but lower commodity prices and sale volumes for its steelmaking coal sent the miner’s adjusted net earnings down to $349…
Tirex scores ground-breaking Albanian mine permits
VANCOUVER — Vancouver-based explorer Tirex Resources (TXX-V) is set to make history in the small Balkan nation of Albania. On Oct. 29, Tirex succeeded in acquiring 25-year mining licenses that encompass six past-producing deposits in…