Cline keeps its head above water
Six months after Toronto-based Cline Mining (CMK-T) suspended operations at its wholly owned New Elk metallurgical coal mine outside of Trinidad, Colo., the company is still searching for answers.
News
Anglo American, Cliffs exit Amapa
Miners shed more non-core assets in the new year to help free-up capital, with Anglo American (AAL-L, AAUKY-Q) and Cliffs Natural Resources (CLF-N) selling their stakes in the Amapa iron ore operation in northern Brazil.
Editorial: Goldcorp adopts ‘all-in’ cost metric
A decade ago gold was worth less than US$300 per oz., and gold producers were desperate to attract investors. One method they developed was to report gold-production costs using a minimalist metric, making their potential for profit seem larger.
Commentary: How to craft benefits packages for globe-trotting employees
Increasingly, corporate management structures and areas of accountability no longer follow the strict political boundaries that define countries.
Goldcorp adopts “all-in” cost metric
VANCOUVER – A decade ago gold was worth less than US$300 an ounce and gold producers were desperate to attract investors. One method they developed was to report gold production costs using a minimalist metric, thus making their potential…
SilverCrest finds new gold zone
Junior silver producer SilverCrest Mines (SVL-V) has discovered a new high-grade gold and silver zone that lies below and is parallel to the main mineralized zone that is being mined at its Santa Elena open-pit operation in Sonora, Mexico,…
Superior Copper revisits the old Coppercorp mine
SAULT STE. MARIE, ONT. — Superior Copper (SPC-V) is hoping to find a new mine beside an old one as it gears up for another round of drilling on its flagship Batchawana copper property.
Western Copper jumps on Casino feasibility study
VANCOUVER – For resource companies, it can be hard to keep investors interested during the lull between discovery and development. During those years the story shifts from exciting exploration results to endless studies of metallurgy,…
TSX gets off to a good start in 2013
Toronto’s main index rose during the Dec. 31–Jan. 4 trading week amid strong jobs data.
TSX Venture kicks off 2013 in the green
VANCOUVER — The S&P TSX Venture Composite Index started off the New Year with a 2.2%, or 26.38 point, gain following four days of trading that culminated in a 1,228.22 point weekly close on Jan. 4.
US equities rally in first days of 2013
The benchmark S&P 500 index reached its highest close since December 2007 during the holiday-shortened trading week, which saw politicians strike a deal of sorts to avert the fiscal cliff while data from the Institute of Supply…
Cline strives to to stay above water
VANCOUVER — Six months after Toronto-based Cline Mining (CMK-T) announced a suspension of operations at its wholly-owned New Elk metallurgical (met) coal mine outside of Trinidad, Colorado, the company is still searching for answers.