Volume 99 Number 24 Jul 29 - Aug 4, 2013

Facilities at MBAC Fertilizer's Itafos Arraias phosphate project in Brazil. Source: MBAC Fertilizer

MBAC Fertilizer’s production milestone

MBAC Fertilizer (TSX: MBC; US-OTC: MBCFF) has started producing single super phosphate (SSP) powder at its Itafos Arraias project in central-northern Brazil — an area the government is calling the country’s new agricultural frontier.


Eldorado's Kisladag gold mine in western Turkey (2012). Source: Eldorado Gold

Eldorado hits the brakes on expansion, shares rises 23%

VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO; US-OTC: ELDXF) has joined a growing list of miners opting to cut back on exploration and development expenditures in the face of struggling commodities markets. The company announced on…




Stornoway gets the go-ahead at Renard

Stornoway Diamond (TSX: SWY; US-OTC: SWYDF) has received a positive environmental assessment decision from the Canadian government, being the last major permit the company needs to build its flagship Renard diamond mine in Quebec.


Fortune closes in on final permits at NICO

VANCOUVER — It has been a promising six months for Fortune Minerals (TSX: FT; US-OTC: FTMDF) and its advanced-stage NICO gold-cobalt-bismuth project, 160 km northwest of Yellowknife, N.W.T. The London, Ont.-based company began the year…


The view from a hill looking towards True Gold Mining's Goulagou II deposit at the Karma gold project in Burkina Faso. True Gold Mining

Equity-royalty deal lands True Gold a cool $23.5M

VANCOUVER — Money may be tight right now, but True Gold Mining (TSXV: TGM) is demonstrating that there is funding available for companies with advanced projects that are willing to be a bit creative.


Sabina keeps finding high-grade gold at Back River

Sabina Gold & Silver (TSX: SBB) is pulling strong grades from its Back River gold-silver project in Nunavut. The latest results come from the Umwelt and Llama deposits, two of the project’s four main deposits.


In Williams Lake, B.C., on July 22, 2013, anti-mine protestors march to the opening of the federal review public hearing for Taseko MInes' proposed New Prosperity copper-gold mine. Photo By Gwen Preston.

Editorial: Prosperity’s temerity

I visited Taseko Mines’ Gibraltar mine north of Williams Lake, B.C., in 2008. The company bought the shuttered operation in 1998 and restarted it in 2004. Four expansions later, Gibraltar now employs 700 people, churns out 90 million lb….


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