Fednav ships to serve Strange Lake
Quest Rare Minerals (TSX: QRM) has signed a non-binding memorandum of understanding with Montreal-based Fednav to develop and deliver shipping solutions for the Strange Lake REE project in northeastern Quebec.
Volume 100 Number 35 Oct 13 - 19, 2014
East Africa Metals defines Adyabo in Ethiopia
Pleased with results from recent drilling at its Adyabo gold-copper project in Ethiopia, Canaco Resources spinoff East Africa Metals (TSXV: EAM; US-OTC: EFRMF) is starting a 6,000-metre diamond-drilling program to define several mineralized…
Roxgold awards underground mining contract
African Underground Mining Services (AUMS) has signed a four-year deal to provide a mining fleet and skilled labour for Roxgold’s (TSXV: ROG; US-OTC: ROGFF) Yaramoko gold project in Burkina Faso.
Amara Mining boosts Yaoure resource
Amara Mining (TSX: AMZ) has increased the gold ounces and grade at its wholly owned Yaoure project in Côte d’Ivoire based on 70 diamond drill holes and 35 reverse-circulation holes drilled so far this year.
Jacobs Engineering Group opens Nevada office
With an eye toward Nevada’s mining industry, professional services firm Jacobs Engineering Group (NYSE: JEC) has announced it will open an office in Elko.
Yamana keeps the drills close to home, as it looks for ‘higher-quality ounces’
VANCOUVER — Yamana Gold (TSX: YRI; NYSE: AUY) says the best return on its exploration capital will be realized through brownfield initiatives at its producing mines. The company is in the midst of a $75-million program to “unlock…
Iamgold sells Niobec mine to ex-CEO of Barrick
Former Barrick Gold (TSX: ABX; NYSE: ABX) CEO Aaron Regent is back in action.
Lundin to buy Candelaria from Freeport
VANCOUVER — Rumours had been swirling for months over Lundin Mining’s (TSX: LUN; US-OTC: LUNCF) eyeing of Freeport-McMoRan’s (NYSE: FCX) 80% stake in the Candelaria copper-mining complex in Chile’s Atacama province, and…
Editorial: Glencore backs off run at Rio Tinto, for now
Last week we highlighted the shocking collapse in iron-ore prices in September, with spot prices down more than 40% for the year, and trading below US$80 per tonne in China — the world’s largest importer — and gave a heads-up…
Commentary: Steel demand cools
The following is an edited excerpt from the World Steel Association’s (worldsteel) “Short-range outlook for 2014 and 2015.” It forecasts that global apparent steel use will increase by 2% to 1,562 million tonnes in 2014 after…