2012

Rocky times for Great Basin Gold

Technical and infrastructure issues at Great Basin Gold’s (GBG-T, GBG-X) two principal gold projects hammered its revenues and put it deeply into the red in the second quarter, and the company now says it faces a “near-term…


Examining cathode at BHP Billiton's Olympic Dam copper-uranium-gold mine and mill in South Australia. Photo by BHP Billiton

BHP delays Olympic Dam expansion

BHP Billiton’s (BHP-N, BLT-L) decision to delay a US$30-billion dollar expansion of its Olympic Dam copper-uranium-gold mine in South Australia due to escalating capital costs will put a forecasted uranium supply deficit under even…


A drill rig and bulldozer arrive at Riverside Resources and Cliffs Natural Resources' Huerta project in Jalisco, Mexico. Photo by Riverside Resources

Riverside, Cliffs test IOCG targets in Mexico

At a time when many juniors are feeling a cash crunch and throttling back spending, Vancouver-based Riverside Resources (RRI-V) is notably busy as a project generator and early stage explorer. Focused on Mexico, the company believes its…


Saskatchewan potash developers pull in their horns

Rising costs and inconsistent downstream demand have taken a toll on potash and fertilizer producers during the first half of 2012, with volatile global markets now impacting the strategies of several mega miners in Saskatchewan’s…


Toronto Stock Exchange

The S&P/TSX Composite Index slipped 7.66 points during the trading week to close at 12,082.23.


[Update] Liberty looks for a ray of light

Less than two weeks after Timmins, Ont.-focused Liberty Mines (LBE-T) temporarily halted production because of declining nickel prices and posted a positive preliminary economic assessment (PEA) for its Hart nickel deposit.


Integra cuts high-grade at Lamaque

VANCOUVER — It has been a promising six months for Vancouver-based explorer Integra Gold (ICG-V), as the company completes a 30,000-metre diamond drill program at its wholly-owned Lamaque gold project — located in the Val-d’Or…


Mindoro gets the grade

It’s been a busy summer in the corporate offices of Mindoro Resources (MIO-V) and now the company has some stellar results from the field to throw into the mix.


Better days ahead for Thompson Creek

Thompson Creek Metals (TCM-T, TC-N) like many mining companies has had a tough ride over the last year. Slowing metal demand from China and falling prices have teamed up to hammer the company’s share price. In mid-January 2011 the…


Brigus upgrades underground ops at Black Fox

VANCOUVER — After turning the corner at its Black Fox gold mine in Timmins Ont. earlier this year, Halifax-based producer Brigus Gold (BRD-T, BRD-X) has followed up with a solid operational second quarter that saw average costs…


Rainy River adds more shine in updated PEA

Rainy River Resources’ (RR-T) updated preliminary economic assessment (PEA) proposes a smaller, higher-grade and  lower-cost gold mine at its namesake project in northwestern Ontario.


Twangiza starts commercial production

 Three years ago the area around Banro Corp.’s (BAA-T, BAA-N) Twangiza gold deposit in the Democratic Republic of the Congo had no passable roads, power, workable infrastructure or skilled mining labour. Today the Twangiza oxide mine…


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