Centerra threatens to shut down Kumtor
Centerra Gold (TSX: CG) said that it would start shutting down its Kumtor gold operation in Kyrgyzstan if it doesn’t receive approval for its 2014 mine plan and related operating permits by June 13.
News
Skyharbour scores with 100% acquisition of Way Lake
During the fourteen years Rick Kusmirski worked at JNR Resources, the former Cameco Corp. (TSX: CCO; NYSE: CCJ) geologist headed exploration teams that discovered two significant uranium deposits in Saskatchewan’s eastern Athabasca Basin: the…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, May 27 2014 Precious MetalsPrice…
Barrick’s Arturo project gets go ahead from BLM
It took nearly five years, but the Bureau of Land Management has issued a positive record of decision (ROD) on the final environmental impact statement (EIS) allowing Barrick Gold (TSX: ABX; NYSE: ABX) to restart and expand a past-producing…
TSX Venture bounces back, May 20-23
The S&P/TSX Venture Composite Index recovered from a four-month low during the shortened trading period, gaining 1.2%, or 11.40 points, en route to a 987.95-point weekly close. Markets were bolstered by strong quarterly earnings from the…
Balmoral shares surge on Bug Lake results
Shares of Balmoral Resources (TSX: BAR; US-OTC: BALMF) surged 21% to $1.04, with 4.6 million shares trading hands after the junior reported an intercept of 1,138 grams gold per tonne over 4.9 metres, including 9,710 grams gold over 0.57 metre…
Mining’s slow march towards workforce diversity
VANCOUVER — Glencore Xstrata (LSE: GLEN) will appoint a woman to its board by year-end, a move that will end its stance as the only British blue-chip company with an all-male board.
RTG Mining has big plans in the Philippines
The former management team of CGA Mining, which redeveloped and opened the Masbate gold mine in the Philippines and then merged last year with B2 Gold (TSX: BTO; NYSE-MKT: BTG) in a deal worth US$1.1 billion, is hoping to repeat some of that…
Dominion Diamond’s sparkling start in fiscal 2015
Toronto-based Dominion Diamond (TSX: DDC; NYSE: DDC) reported a strong operational start to the year, with higher-than-expected diamond production, sales and average prices for its first quarter of fiscal 2015.
Rio Alto to buy Sulliden Gold for $300M
Gold producer Rio Alto Mining (TSX: RIO; NYSE: RIOM) is acquiring developer Sulliden Gold (TSX: SUE, US-OTC: SDDDF) in a friendly $300-million, all-share deal to create a new mid-tier gold firm with low-cost operations in Peru.
TriMetals Mining rises from the ashes of Bolivia
In the nearly half-century he has worked in the mining industry, Ralph Fitch has pretty much seen it all.
Arianne Phosphate grows Lac Paul
Arianne Phosphate (TSXV: DAN; US-OTC: DRRSF) says one of the world’s largest greenfield phosphate-rock projects has just gotten bigger, with near-surface inferred resources added from the Lac à Paul deposit’s Nicole zone in…