Intrepid Mines keeps expanding Tumpangpitu
For the third time in a little over a year, Australia-based Intrepid Mines (IAU-T, IAU-A) has added hundreds of millions of inferred tonnes at the Tujuh Bukit gold-copper project in Indonesia.
Vale S.A.
Letter from London, Dec. 5-9
London, U.K. – It was another roller coaster ride of a week in London over the Dec. 5-9 period, culminating in the profound split on Friday by eurozone leaders over debt crisis plans. British Prime Minister David Cameron has refused to enter…
Nothing to cheer in U.S. markets, Nov. 21-25
As Venezuelans wildly celebrated the return of the first gold bars from the vaults of Western banks, there was less to cheer about in the U.S. when Americans returned to work after their Thanksgiving holiday. The abbreviated Nov. 21-25 trading…
Western Potash passes another milestone
Western Potash (WPX-T) has put a spotlight on its Milestone potash project in Saskatchewan with a positive prefeasibility study (PFS) estimating annual production at 2.8 million tonnes for at least 40 years. This has some analysts speculating…
Western Potash hits a milestone with PFS
Western Potash (WPX-T) has put a spotlight on its Milestone potash project in Saskatchewan with a positive prefeasibility study (PFS) estimating annual production at 2.8 million tonnes for at least 40 years. This has some analysts speculating…
Rio Tinto outbids Cameco for Hathor
Rio Tinto (RIO-N, RIO-L, RIO-A) has swooped in with an all-cash, $578-million bid for uranium explorer Hathor Exploration (HAT-T) and its world-class Roughrider uranium project in Saskatchewan’s Athabasca Basin.
Panoro’s big dreams for Cotabambas
In the northern reaches of south-central Peru’s Andahuaylas-Yauri belt, 50 km southwest of Cusco, three drill rigs are turning at Panoro Minerals’ (PMI-V) Cotabambas copper-gold porphyry project, where the company hopes to delineate the belt’s…
Rio revisits Saskatchewan’s potash scene
Rio Tinto (RIO-N) is investing back into potash, after selling its potash interests in Canada and Argentina to Vale (VALE-N) for US$850 million in 2009, to help pay down its debt during the 2008–2009 recession.
Australia’s mining elite
As strong demand from China spurs development of Australia’s vast mineral resources amid record-high commodity prices, a new swath of mining executives have come to dominate Australia’s mega-rich. Australia now has 20 billionaires, says…
Rio revisits Saskatchewan’s potash scene
Rio Tinto (RIO-N) is investing back into potash, after selling its potash interests in Canada and Argentina to Vale (VALE-N) for US$850 million in 2009 to help pay off its debt during the 2008-09 recession.
Prophecy Coal looks to satisfy Mongolia’s power needs
With the Mongolian economy growing at one of the fastest rates in the world, and China eyeing its neighbour as a potential long-term power source, Vancouver-based Prophecy Coal (PCY-T) is optimistic about its prospects for a power-purchase…
Encouraging signs for Rio Novo Gold
Exploration at Rio Novo Gold’s (RN-T) Vira-Saia target on its Almas gold project in Brazil is yielding shallow, low-grade mineralization likely amenable to bulk mining methods, analysts say.