2012

A look at compensation for mining execs, boards

The following is a summary of the Mining Industry 2012 Executive and Board Remuneration report, conducted Bedford Consulting Group and Global Governance Advisors. The report covers remuneration practices among more than 230 mining organizations…



Market news: Toronto Stock Exchange

Optimism that politicians south of the border would come to a resolution regarding the impending fiscal cliff helped hold up equities north of the border during the trading week. The S&P/TSX Composite Index increased 107 points for the…


Market news: TSX Venture Exchange

In the last trading week before the Christmas holiday, the S&P/TSX Venture Composite Index saw one day in the red eliminate four days of small gains, and as a result the index finished the trading session down 5.91 points at 1.177.71….



Vale takes hefty write-downs

 Vale (VALE-N) is taking a US$2.85 billion write-down on its Onça Puma nickel mine in the northern Brazilian state of Para after troubles with two furnaces earlier this year led to the halting of its ferronickel…


TSX gains ground

Optimism that politicians south of the border would come to a resolution regarding the impending fiscal cliff helped hold up equities north of the border. The TSX Composite Index was up 107 points for the Dec. 17-20 period, closing at 12,388.71…


U.S. equities rise, Dec. 17-20

U.S. equity markets in the first four days of the week turned positive on optimism lawmakers could avert the fiscal cliff of tax increases and spending cuts. The Dow Jones Industrial Index advanced 176.71 points or 1.35% to 13,311.72 and the…


Construction of the processing plant at Canada Lithium's mine near Val d'Or, Quebec. Source: Canada Lithium

Canada Lithium starts mine commissioning

Canada Lithium (CLQ-T) has started commissioning the open pit and processing plant at its Quebec Lithium mine near Val d’Or, Que., with first production of spodumene concentrate expected shortly, followed by lithium carbonate output early…


Premier updates Trans-Canada resource

Premier Gold Mines (PG-T) has completed a much-anticipated resource estimate on the four gold deposits—Hardrock, Brookbank, Kailey and Key Lake — that make up its Trans-Canada project in the Beardmore-Geraldton Greenstone belt.


EMED perseveres at Rio Tinto

Mining has been going on at the Rio Tinto copper mine in Spain for thousands of years, but that doesn’t mean molding it into its most modern incarnation is an easy task.



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