Record production lifts Paladin
Uranium miner Paladin Energy (PDN-T) picked a good time to beat production estimates.
2013
Market news: U.S. Markets
The S&P 500 Index touched a five-year high on the back of stronger housing and jobs numbers. Housing starts in December rose 12.1% — the biggest advance since June 2008 — while applications for unemployment benefits dropped to…
Rio Tinto pays a steep price for Alcan purchase
London-based mining giant Rio Tinto (RIO-N, RIO-L, RIO-A) is haunted by the ghosts of past acquisitions, with the largest culprit being its US$38-billion takeover of Montreal-based aluminum major Alcan in 2007.
TV Tower delight continues for Pilot
A high-grade gold zone is emerging at the north end of Pilot Gold’s (PLG-T) TV Tower project in Turkey, complete with drill intervals that regularly contain visible gold.
Editorial: Livin’ la vida Boka
Another sad chapter was written in the life of John Paterson in mid-January, with the 62-year-old disgraced founder and former CEO of Southwestern Resources receiving a sentence of six years in prison for creating hundreds of bogus assay…
Western Copper jumps on Casino feasibility study
For resource companies, it can be hard to keep investors interested during the lull between discovery and development. During those years the story shifts from exciting exploration results to endless studies of metallurgy, hydrography, power…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, January 22, 2013Precious MetalsPrice…
Commentary: Seabed mining still lacks ground rules
As the natural resources available on land become less and our need for them grows, exploration activities move offshore.
Countdown to production at Mount Milligan
The mine that Thompson Creek Metals (TCM-T, TC-N) is building in central B.C. will be a novel operation in many ways.
KSM keeps growing for Seabridge
Seabridge Gold’s (SEA-T, SA-N) KSM project is already one of the largest undeveloped gold projects in the world, home to 38 million oz. gold and 10 billion lb. copper. But with drills tapping into deep core zones and new stepout targets,…
Commentary: BC a model for attracting investment and building partnerships with aboriginal communities
It is with some nostalgia that we look back at 2012, a year of pride and celebration for the Association for Mineral Exploration British Columbia (AME BC). We wrapped up a year of special initiatives to mark our association’s 100th…
Correction
The story “Rubicon prepares to defend Phoenix in court” (TNM, Jan. 7–13/13) incorrectly stated that Rubicon has a Benefits Agreement with the Lac Seul First Nation. In fact, Rubicon has an Exploration Accommodation…