Pressure grows on Samarco, one year after tailings disaster
Legal and financial pressures are mounting on Samarco, one year after a tailings dam failure sent 60 million cubic metres of mine waste and sludge into Brazil’s Rio Doce river…
News
Newmont’s Long Canyon is early and below budget
Newmont Mining (NYSE: NEM) has brought its newest gold mine, Long Canyon, online in Nevada, two months ahead of schedule and US$50 million under budget. The company poured first gold…
Endeavour Mining says Ity may emerge as ‘flagship asset’
VANCOUVER — Endeavour Mining (TSX: EDV) is confident enough in its Ity gold mine in Côte d’Ivoire, West Africa, to start expansion next year. Recent exploration success, however, hints that the…
Rob McEwen on Donald Trump’s win
Rob McEwen, chairman and chief owner of McEwen Mining (TSX: MUX; NYSE: MUX), shared his thoughts with The Northern Miner about the election of Donald J. Trump as the forty-fifth…
Lucara sees a strong finish to 2016
Lucara Diamond’s (TSX: LUC) third-quarter earnings slumped partly due to the timing of its sales, but it expects to catch up in the fourth quarter. Lucara — the operator of…
Prairie snapshots: Eight companies to watch
The compelling geology, excellent infrastructure and mining friendly business environment of Canada’s Prairie provinces have helped a lively mining scene flourish, with companies large and small on the hunt for…
Metanor eyes 2017 restart at Barry
VANCOUVER — Metanor Resources (TSXV: MTO) hopes that a restart of its Barry open-pit gold mine in Val-d’Or, Que., will bring some extra pep to the junior’s step, considering that…
Hudbay reopens Constancia after brief suspension
Hudbay Minerals (TSX: HBM; NYSE: HBM) announced on Nov. 8 that it had suspended operations at its Constancia copper mine in Peru for safety reasons after trespassers entered the open-pit…
Editorial: Federal gov’t to establish Canadian Infrastructure Bank
The federal government’s latest initiative comes right out of the Liberal Party of Canada’s 2015 election platform: “We will establish the Canadian Infrastructure Bank to provide low-cost financing for new…
TSX Venture retreats, Oct. 31-Nov. 4
The S&P/TSX Venture Composite Index shed 13.89 points, or 1.8%, to a 761.98-point close despite strengthening commodity prices. Spot gold prices surged US$29.59 to US$1,305.06 per oz., ahead of the…
Atalaya revives iconic Rio Tinto mine in Spain
Atalaya Mining’s (TSX: AYM; LSE: ATYM) Proyecto Riotinto copper mine in the Andalucia region of Spain is on the verge of producing 90 million lb. copper (42,000 tonnes copper) in…
Many riches underlie Canadian Prairies
VANCOUVER — There’s more than meets the eye when it comes to mineral potential in the Canadian Prairie provinces of Alberta, Saskatchewan and Manitoba. Their unique — and often overlooked…