New Gold updates Rainy River and New Afton mine plans
Looking to stem losses driven by high-cost operations, New Gold (TSX: NGD; NYSE-AM: NGD) recently tabled revamped life-of-mine plans for its Rainy River and New Afton mines focused on improving…
Teck Resources Limited
Newmont, Teck to invest US$152M in Chilean copper-gold project
Newmont Mining (TSX: NGT; NYSE: NEM) and Teck Resources (TSX: TCK.B; NYSE:TCK) are injecting new life into their NuevaUnión 50-50 joint venture in Chile by investing US$152 million into the…
Leaked EIS buoys Northern Dynasty’s Pebble
Controversial development plans for Northern Dynasty Minerals’ (TSX: NDM; NYSE-AM: NAK) wholly-owned Pebble project in southwest Alaska’s Bristol Bay region, have swung further in the company’s favour following the release…
Mitsubishi acquires 30% of Mantoverde copper mine
Japanese powerhouse Mitsubishi Materials Corporation (MMC) has acquired a 30% stake in Mantos Copper’s Mantoverde mine and associated projects in Chile for US$263 million. MMC has been seeking to participate…
TSX moves higher, Jan. 6-10: Kirkland Lake, Detour, Equinox, Teck
The S&P/TSX Composite Index rose 0.99% to 17,234.49 during the first full trading week of January. The S&P/TSX Global Mining Index fell 1.15% to 80.85, the S&P/TSX Global Base Metals…
Protests in Chile drive government to propose new constitution
In a bid to end weeks of anti-government protests and riots that have left at least 26 people dead and 13,500 injured, Chile’s political parties have agreed on a process…
Sun Metals advances Stardust
Sun Metals (TSXV: SUNM) has completed the final tranche of a $6.2-million bought-deal financing that will help it advance exploration at its wholly owned Stardust project, 250 km northwest of…
Liberty Gold hits high-grade gold at Black Pine
New drill results from Liberty Gold’s (TSX: LGD; US-OTC: LGDTF) wholly owned Black Pine project in Idaho include high-grade intervals of Carlin-style oxide gold mineralization. Drilling has also expanded the…
Chile in turmoil as tensions boil over
The worst unrest in Chile in a generation threatens to overturn assumptions about one of South America’s most stable countries and the world’s leading copper producer. All it took was…
TSX slips, Oct. 14-18: First Majestic, Wesdome, Alamos Gold, Teck
The S&P/TSX Composite Index fell 0.23% to 16,377.10. The S&P/TSX Global Mining Index lost 1.29% to 73.48 and the S&P/TSX Global Base Metals Index dropped 0.60% to 96.86. The S&P/TSX…
US markets rise, Sept. 3-6: Teck, Seabridge, Newmont Goldcorp
The Dow Jones Industrial Average rose 1.49% to 26,797.46, and the S&P 500 Index gained 1.79% to 2,978.71. Spot gold fell US$13.10 per oz. to finish at US$1,506.50 per oz….
Top 10 Canada-based companies with substantial US assets
The U.S. is fertile ground for a variety of minerals, and Canadian companies are active throughout the land. The Northern Miner presents its top-10 list of the biggest Canada-based firms with…