News

Venture loses ground, March 24-28

The rally that has carried the S&P/TSX Venture Composite Index for most of 2014 took a breather in the last week of March. Instead, the index saw double-digit losses in three out of five days to end the week at 989.75, down 45.01 points,…


Editorial: Barrick rejigs exec pay

Businessman and Bay Street veteran Peter Crossgrove, the one-time Placer Dome CEO and long-time Barrick Gold director, published his memoirs last year, and it makes for some lively and insightful reading, especially in light of Barrick’s…



Commentary: Coal down but not out

The following is an edited excerpt of a speech about the global outlook for coal by Dean Dalla Valle, president of BHP Billiton Coal, at the CEDA Energy and Resources series in Brisbane, Australia, where BHP has consolidated its metallurgical…




Fieldworkers at Wallbridge Mining's Broken Hammer copper-PGM project in Sudbury, Ontario. Credit: Wallbridge Mining

Wallbridge to put Broken Hammer into production

Wallbridge Mining (TSX: WM; US-OTC: WLBMF) is building an open-pit mine in April at its Broken Hammer copper–platinum group metal project in Sudbury, Ont., and says production should start in June. Total capex is $1 million.


Uranium Energy gets US$10M cash injection

Texas-based Uranium Energy (NYSE-MKT: UEC) has drawn down another US$10 million from its previously announced US$20-million credit facility, after its lenders agreed to defer the required principal payments by two years, providing the company…


Mining analyst Christopher Haubrich.

Why building a mine on budget is so rare

There is an established history of capital-cost overruns in the mining industry stretching back at least 50 years, mining analyst Christopher Haubrich told the Prospectors & Developers Association of Canada (PDAC) conference in Toronto in…





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