2011


A view of the Santander mine site, which operated from 1958 to 1992. Photo by Vivian Danielson

Trevali revives Santander mine in Peru

The Santander mine project located 215 km from this coastal city has historic assets and strategic advantages that should help Trevali Resources (TV-T) achieve its goal of becoming Latin America’s newest silver-lead-zinc producer.


De Beers' Victor open-pit diamond mine in the James Bay Lowlands, 90 km west of the coastal community of Attawapiskat in northern Ontario. Photo by De Beers

De Beers smiles as diamond prices rebound

While a certain amount of global uncertainty remains, 2010 saw a strong recovery in diamond prices driven by exceptional demand in China and India, coupled by a better than expected retail performance in the U.S. during the Christmas season.



All eyes on M&A

The mining sector was thrust into the media spotlight in 2010 as the number of mining mergers and acquisitions (M&A) hit an all-time high. A new PricewaterhouseCoopers (PwC) report tracked 2,693 global mining M&A deals worth US$113…


Situation in Cote d’Ivoire worsens

As tensions in Côte d’Ivoire continue to escalate, it is getting more difficult to determine if and when a stable investment environment may return to the country. 


Pele Mountain Resources' president and CEO Alan Shefsky (centre) with directors in Elliot Lake, Ont. Photo by Pele Mountain Resources

Pele Mountain adds REEs to the mix

When Pele Mountain Resources (GEM-V) completed a scoping study in 2007 on its Eco Ridge mine project in Elliot Lake, Ont., the company didn’t even bother to include the deposit’s rare earth elements as a byproduct of the project’s planned…



Conveyors at Medusa Mining's Co-O gold mine, 140 km north of Davao in the Philippines. Photo by Medusa Mining

Medusa Mining delivers on promise (March 11, 2011)

Record gold production at low cash costs averaging US$186 per oz. contributed to a record net profit after-tax of US$58.1 million in the six months ended Dec. 31, 2010, Medusa Mining (MLL-T, MML-L, MML-A) reports.


Ivanhoe, Altynalmas boost resource at Bakyrchik

A 50% increase of indicated resources at the Bakyrchik gold deposit “bodes well” for the definitive feasibility study that is due by June, Altynalmas Gold and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) say.


Exploring at Augyva Mining Resources' Duncan Lake iron ore project in the James Bay region of Quebec. Photo by Augyva Mining Resources

Augyva eyes iron in Quebec’s James Bay region

Iron ore mining and exploration in Quebec is focused in the northeast, but Georges-Yvan Gagnon, CEO of Augyva Mining Resources (AUV-V), is convinced there is great potential farther west in the province, specifically at the Duncan Lake project…


Trouble in a mineralogical paradise

In late December 2010 a spokesman for the National Democratic Front (NDF), a confederation that encompasses many of the Philippines’ leftist groups – including the Communist Party of the Philippines (CPP) and its New People’s Army (NPA)…


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