Copper Mountain starts 2014 on a high note
Copper Mountain Mining (TSX: CUM) has exited 2013 in high gear, with the December quarter marking the fifth consecutive quarter of production growth at its namesake copper–gold mine near Princeton, B.C.
News
El Nino wins arbitration in BC for Kasala copper project in DRC
For the last four years, El Nino Ventures (TSXV: ELN; US-OTC: ELNOF) has fought an increasingly bitter battle to keep its grip on Infinity Resources, a joint venture that owns the Kasala copper project in the Democratic Republic of the Congo.
Carlin-style gold aplenty for ATAC in the Yukon
KENO CITY, YUKON — ATAC Resources (TSXV: ATC) has discovered nine gold zones in four years, many of which offer high grades. That alone is impressive, but the kind of gold ATAC is uncovering in the eastern Yukon is equally…
U.S. markets, Jan. 13-17
The story south of the border was a bit of a mixed bag as investors bought on positive earnings reports and rising industrial production, but sold on a decline in housing starts.
Editorial: Shockwaves from Indonesia’s unprocessed minerals export ban
The crisis for miners in Indonesia that quietly built up over late December has exploded in the new year, as miners active there grapple with sweeping new restrictions on exports of raw concentrates from the country.
Short Position Report
Short positions outstanding on Jan. 15/14 (with changes from Dec. 31/13).
Paladin looks to wait out uranium slump with refinancing
Uranium prices are continuing to languish three years after the Fukushima meltdown, but Paladin Energy (TSX: PDN) is attempting to put itself in a better position to weather the prolonged slump.
Platinum Group Metals raises $175M
Shares of Platinum Group Metals (TSX: PTM; NYSE-MKT: PLG) got a boost on the final trading day of 2013 after the company announced that it had completed a $175-million equity raise at $1.18 per share.
ITH names new CEO, cuts staff to lower costs
Vancouver-based International Tower Hill Mines (TSX: ITH; NYSE-MKT: THM) is shuffling its senior management while trimming its workforce, to conserve cash while advancing its rather expensive Livengood gold project near Fairbanks,…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, January 14, 2014 Precious MetalsPrice…
Randgold’s Mark Bristow on mining in Africa
The raw facts of the Randgold Resources (LSE: RRS; NASDAQ: GOLD) story are impressive. It has found five world-class deposits since the company was founded 17 years ago, and all of them are located on big geological anomalies. In every mine…
Hudbay unveils financing, 2014 guidance
Hudbay Minerals (TSX: HBM; NYSE: HBM) was among the first off the starting blocks this year with news of a $1-billion capital budget for 2014 — the lion’s share of which is earmarked for growth initiatives — and a $150-million…