AuRico eyes a revival at dormant Kemess mine in BC
VANCOUVER — Toronto-based miner AuRico Gold (TSX: AUQ; NYSE: AUQ) is hoping it can give the past-producing Kemess gold-copper mine a new lease on life.
2014
Coeur to pay US$161M for Paramount Gold and Silver
VANCOUVER — According to Coeur Mining (TSX: CDM; NYSE: CDE) president and CEO Mitchell Krebs, the company’s proposed friendly takeover of junior Paramount Gold and Silver (TSX: PZG; NYSE-MKT: PZG) is one of the…
PDAC announces 2015 award recipients
The Prospectors & Developers Association of Canada (PDAC) has named the six winners of it annual awards. The recipients will be feted during the annual PDAC convention at an evening gala on March 2, 2015, in Toronto.
Editorial: Top stories of 2014
Mining and mineral exploration are by nature businesses for optimists, but looking back over 2014, it’s hard not to conclude that difficulties and disasters tended to outweigh the brighter spots of achievement and growth. Here is our…
Commentary: Gold producer hedging in a lower price environment
The following is an edited except from Société Générale and Thomson Reuters GFMS’s Global Hedge Book Analysis Q3 2014.
Suppliers news: Timetric, Lynden Logistics, QMX-Abcourt, Cementation
Timetric: African mining equipment suppliers need to be punctual
Aureus Mining ‘not a one-horse show’
Aureus Mining (TSX: AUE; LSE: AUE) has doubled the size of the aggregate resource at its Ndablama deposit in Liberia, just 40 km northeast of where the company is building its flagship New Liberty gold mine.
Probe closes $41.6M land deal at Borden
December was a great month for Probe Mines (TSXV: PRB; US-OTC: PROBF) president and CEO David Palmer.
Barrick to shutter Lumwana as Zambian gov’t hikes royalty
Barrick Gold (TSX: ABX; NYSE: ABX) will soon suspend operations at its Lumwana copper mine in Zambia in response to the Zambian government’s move to more than triple the royalty rate on open-pit mines, starting in 2015.
Sherritt surges as Obama ends US isolation of Cuba
U.S. President Barack Obama’s call for a “new approach” in the U.S. government’s relationship with Cuba, including the establishment of diplomatic relations and an easing of economic and travel restrictions, has lifted…
PE fund invests in IMX’s Ntaka Hill nickel project
Private equity deals have been fewer this year than many in the mining sector had hoped, given the declining fortunes of hundreds of cash-strapped mining companies. So when a deal is made, it tends to get noticed.
Randgold’s Mark Bristow dreams big
Mark Bristow was a 24-year-old university student when he attended a party on the eve of the Midmar Triathalon — a gruelling canoe-cycle-run event held at the Midmar Dam north of Pietermaritzburg in South Africa.