Despite two nearly back-to-back civil wars in the 1990s that left Liberia in ruins and over a quarter of a million people dead, and now the Ebola outbreak that has killed 1,830 people in the country already this year, Aureus Mining (TSX: AUE;…
Other diversified mining giants have had second thoughts about diamonds, but Anglo American (US-OTC: AAUKY; LSE: AAL) never seemed in doubt about its interest in De Beers — the world’s largest diamond miner by value.
In a symbolic gesture the Innu First Nations of Uashat Mak Mani-Utenam and Matimekush-Lac John returned two iron-ore boulders to Iron Ore Co. of Canada’s (IOC) head office in Montreal. IOC is majority-owned by Rio Tinto. The boulders were…
Spot pricesCourtesy of ScotiabankTuesday, October 7, 2014Precious MetalsPrice…
VANCOUVER — It’s not a market where producers discuss exploration-stage plays often, but Agnico Eagle Mines (TSX: AEM; NYSE: AEM) can’t contain its excitement over the Amaruq gold prospect, 50 km northwest of its Meadowbank…
Canada’s main stock index posted its fifth straight weekly decline despite a positive jobs report in the U.S., weighed down by concerns including whether the central government in Beijing would move against pro-democracy protesters in…
The S&P/TSX Venture Composite continued an eight-week free fall during the trading sessions, as it dropped 4%, or 36.60 points, en route to an 882.82-point close. Over the past two months the Venture has lost 14%, or 141.17 points. North…
U.S. equities had a rough ride during the trading week. The Dow Jones Industrial Average fell 103 points to 17,009.69, while the S&P 500 Index lost 15 points to end at 1,967.90. The tech-heavy Nasdaq Composite Index tumbled 37 points to…
Roxgold (TSXV: ROG; US-OTC: ROGFF) has de-risked its Yaramoko project in Burkina Faso with a US$75-million debt-financing package from several European banks, and a US$15-million equity investment from its underground mining contractor in…
Balmoral Resources (TSX: BAR; US-OTC: BALMF) has more than doubled the strike length and depth of the high-grade Horizon 3 zone at its Grasset nickel-copper-platinum group metals (PGM) project in Quebec. Grasset is about 200 km north of…
The Colombia-based Alliance for Responsible Mining (ARM) has given refiner Metalor its ‘Fairmined Refiner’ designation, making the firm the first London Bullion Market Association (LBMA)-approved refiner to hold that status.
“Productivity is the prime imperative for the mining industry of the decade or decades to come,” Ross Middleton, a partner with the Boston Consulting Group (BCG), told attendees at Mining Magazine’s “Optimizing Mine…
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