Volume 98 Number 38 Nov 5 - 11, 2012

Earnings miss for Cliffs Natural Resources

A severe 36% year-on-year drop in prices for seaborne iron ore during the third quarter torpedoed earnings for Cliffs Natural Resources (CLF-N). The iron ore and metallurgical coal producer’s consolidated revenues fell 26% to US$1.5…


Facilities at Amara Mining's Kalsaka gold mine in Burkina Faso, which would process ore from the Sega deposit. By Amara Mining.

Sega looking good to Amara in Burkina

West Africa-focused gold producer Amara Mining (AMZ-T, AMA-L), formerly Cluff Gold, is hoping get a little more life out of its 78%-owned Kalsaka gold operation in Burkina Fasom, 150 km northwest of the capital Ouagadougou.


Workers at Platinum Group Metals' Western Bushveld platinum project in South Africa. By Platinum Group Metals.

Platinum Group thinking big on the Bushveld

With first-phase construction well underway at Vancouver-based Platinum Group Metals’ (PTM-T, PLG-X) Western Bushveld joint-venture project 1 (WBJV 1), the company is turning its attention to its Waterberg discovery on the North Limb…


Amerigo Resources' MVC copper-molybdenum tailings processing plant beside the El Teniente copper mine in Chile. By Amerigo Resources.

Amerigo happy to live in Codelco’s shadow

Amerigo Resources (ARG-T), which continues to produce copper and molybdenum from the tailings of Codelco’s 108-year-old El Teniente mine in Chile, saw its shares rise after solid third-quarter production results. 


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