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Stillwater Mining's namesake palladium-platinum mine in Montana. Credit: Stillwater Mining

CIBC slashes platinum forecast

An expected surge in the platinum price failed to materialize in 2014 because of a strong U.S. dollar and weak South African rand, say mining analysts with CIBC World Markets, who are slashing their platinum price forecast for 2015.



TSX falls with commodity prices, Nov. 24-28

OPEC’s decision not to cut production sent U.S. oil prices down 10% to US$66.15 per barrel on Nov. 28, the biggest one-day drop in five years. Lower oil prices usally translate to lower inflation rates, crimping investment demand for…


Eastmain teams with Darnley Bay at Lac Lessard

Last year Eastmain Resources (TSX: ER; US-OTC: EANRF) surveyed its wholly owned Lac Lessard property in the James Bay region of northern Quebec using a combined airborne magnetic and electromagnetic VTEM system that identified 10 highly…


Rio Tinto and Dominion Diamond's Diavik diamond mine in the Northwest Territories, 300 km northeast of Yellowknife. Credit: Rio Tinto

Rio Tinto green-lights A-21 pipe at Diavik

Rio Tinto (NYSE: RIO; LSE: RIO) has approved the development of a US$350-million A-21 kimberlite pipe at its 60%-owned Diavik mine, 300 km northeast of Yellowknife.





Workers on a jumbo in Scorpio Mining's Nuestra Senora silver-zinc-copper-lead mine in Sinaloa, Mexico.  Credit: Scorpio Mining

Scorpio and US Silver & Gold prepare to merge

VANCOUVER — Scorpio Mining (TSX: SPM; US-OTC: SMNPF) and U.S. Silver & Gold (TSX: USA; US-OTC: USGIF) plan to join their businesses in a merger of equals that could create a leading junior silver producer in the Americas.


Cliffs’ Bloom Lake faces uncertain future

Struggling U.S.-based iron ore and coal miner Cliffs Natural Resources (NYSE: CLF) may close its Bloom Lake iron ore mine in eastern Quebec, as it bids farewell to Canada.


Romarco Minerals president and CEO Diane Garrett and COO Jim Arnold show off their Section 404 permit, which was granted in October for the Haile gold project in South Carolina. Credit: Romarco Minerals

Permit review hinders Romarco at Haile

VANCOUVER — The South Carolina Department of Health and Environment Control (SCDHEC) has received a request for review of the mine operating permit for Romarco Minerals’ (TSX: R) proposed Haile gold mine. The review filed by the…


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