Imperial opens Red Chris in BC
VANCOUVER — Imperial Metals (TSX: III; US-OTC: IPMLF) celebrated the first production of copper concentrate on Feb. 17 at its newly built Red Chris copper-gold mine, 80 km south of Dease Lake in northwestern B.C.
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Lateral thinking pays off for Ivanhoe at Kamoa
VANCOUVER — For the second time in just over a decade, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) is taking home the Thayer Lindsley Award, presented by the Prospectors & Developers Association of Canada at their conference in Toronto in…
Wellgreen Platinum scales down PGM project
Wellgreen Platinum (TSX: WG; US-OTC: WGPLF) has delivered an updated preliminary economic assessment (PEA) for its Wellgreen platinum group metals and nickel deposit, in the southern Yukon, that cuts capital costs and the project’s mine…
Sandstorm to scoop up Gold Royalties in $5.7M all-share deal
VANCOUVER — Streaming and royalty outfit Sandstorm Gold (TSX: SSL; NYSE-MKT: SAND) has been on a bit of a dealmaking tear to start the year. The company locked down 10 new royalty agreements in West Africa and Nevada, and on Feb. 18 it…
Coeur takes US$1B writedown in 2014
Coeur Mining (TSX: CDM; NYSE: CDE), the largest U.S.-based silver producer, reported a wider net loss for 2014 as it took a US$1-billion after-tax writedown in the fourth quarter, following weaker silver and gold prices.
Otterburn’s K92 picks up Barrick’s Kainantu mine
Measures taken by Barrick Gold (TSX: ABX; NYSE: ABX) to divest non-core assets, chip away at debt and focus on five cornerstone mines in the Americas are benefiting juniors like Otterburn Resources (TSXV: OBN).
TerraX takes conservative approach to a forgotten greenstone belt
VANCOUVER — TerraX Minerals (TSXV: TXR; US-OTC: TRXXF) has been making slow but steady improvements to its Yellowknife City gold project, which is located along trend of the multi-million ounce Giant-Con gold deposits in the Northwest…
Commentary: Labrador Trough rail needs a rethink
During its successful 2014 election campaign, Quebec’s Liberal Party vowed to revive Plan Nord — a cherished blueprint for opening up the province’s vast northern mineral wealth for development. Brainchild of former Liberal…
Nevsun CEO sees next Flin Flon in Eritrea
VANCOUVER — It’s pretty evident to industry observers that producer Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is sitting on a veritable cash generator at its Bisha copper-gold operation, 150 km west of Asmara, Eritrea. The company…
Suppliers news: Hazen, Brazil Minerals, Atos
Hazen Research buys neighbour Huffman Laboratories
The top-10 tax issues in international mining M&A
If you’re connected to a mining company that is considering a corporate merger or acquisition in 2015, keep in mind that current and future tax consequences can sour what could otherwise be a sweet deal.
Probe’s David Palmer our Mining Person of the Year
When the discovery of a new gold patch rocks the mining world, it is a wondrous thing.