Conflict at Buritica leaves two artisanal miners dead
Building a commercial-scale mine in Colombia is no small task.
Volume 99 Number 46 Dec 30 - Jan 5, 2014
Golden Band to halt mining operations at La Ronge
Golden Band Resources (TSXV: GBN) is indefinitely suspending its Roy Lloyd and Golden Heart gold mines and the Jolu mill in northern Saskatchewan, starting Jan. 1, 2014.
Eurasian pushes ahead in Turkey
ISTANBUL, TURKEY — Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX) started exploring Turkey’s Western Anatolia and Eastern Pontides mineral belts for gold and silver, as well as porphyry copper targets, more than a decade ago,…
Commentary: Global mining M&A and investment in 2013
Like in any industry, supply-demand imbalances in mining products are at the root of dramatic price fluctuations and market upheavals. This is what has been happening in the mining industry in 2013: market imbalances have led to rock bottom…
Canada Lithium and Sirocco to merge
A merger between Canada Lithium (TSX: CLQ; US-OTC: CLQMF) and Sirocco Mining (TSXV: SIM; US-OTC: ATAAF) would make the combined entity one of just two public companies that produce iodine and lithium, the companies say.
Semafo huntsfor second Siou
Soil sampling at Semafo’s (TSX: SMF; US-OTC: SEMFF) Mana property in Burkina Faso has pinpointed a north-trending corridor measuring more than 14 km long and up to 4 km wide, 8 km north of the Siou deposit.
Wildcat touts manganeseupside at Hermosa in Arizona
VANCOUVER — The full picture is coming into focus for Wildcat Silver (TSXV: WS; US-OTC: WLDVF) at its flagship Hermosa polymetallic project, 80 km southeast of Tucson, Ariz. Though the company has released two preliminary economic…
Western Pacific partners with Quintana at Deer Trail
VANCOUVER — In November Western Pacific Resources (TSXV: WRP) was forced to extend its purchase agreement at the historic Deer Lake polymetallic mine, located 266 km southwest of Salt Lake City, Utah. But with a new strategic partner…
Commentary: Bill 70 brings some certainty to Quebec
On Dec. 9, 2013, legislators in Quebec agreed to adopt Bill 70, which will reform Quebec’s Mining Act, RSQ, c. M-13.1, thus settling months of negotiations and uncertainty on the matter.
Asanko takes a second go at PMI
In a friendly all-share deal valued at $183 million, Asanko Gold (TSX: AKG; NYSE-MKT: AKG) plans to take over PMI Gold (TSX: PMV; ASX: PVM; US-OTC: PMVGF) to create an emerging mid-tier gold producer.
TNM’s 2013 Mining Persons of the Year: Fission’s Ross McElroy and Dev Randhawa
Since the days of the Manhattan project, there have been three conventional rules for finding uranium mineralization in Saskatchewan: it occurs in the Athabasca basin, usually in the lowest sandstone unit that’s in contact with the…
Minvest Partners finds niche in advanced exploration assets
Valuations in the mining sector have sunk low enough to attract value-oriented private equity funds, including big generalist firms Apollo Global Management, Carlyle Group and KKR & Co.