News

Tahoe, Radius on working in Guatemala

VANCOUVER — When listing stable mining jurisdictions Guatemala would have a hard time making the grade. The small Central American country emerged from civil war in 1996, and remains in its infancy as far as development and regulatory…


Labrador Iron Mines falls on hard times

Despite having the distinction of being Canada’s newest and only independently owned iron ore producer Labrador Iron Mines’ (LIM-T) has been on a rough ride over the last while.


Updated resource pushes Continental Gold higher

Shares of Continental Gold (CNL-T) surged $1.09 or 12% to $9.90 apiece with more than six million shares changing hands on news of an updated resource estimate for the company’s Buriticá project in Antioquia, Colombia.


TSX Venture treads water Sept. 24-28

VANCOUVER — The S&P TSX Venture Composite Index fell 0.83% or 11.21 points during the Sept. 24 – 28 trading period before closing the week at 1,334.51 points.  Mixed news from the European Union dampened optimism over a third…



Update: OceanaGold nears commissioning at Didipio

After the financial crisis derailed the Didipio gold-copper project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…


Constrained copper supply spells trouble

There won’t be enough copper to meet Chinese demand by the middle of the next decade, Adrian Day, president of Adrian Asset Management in London, told a group of investors at The Cambridge House conference last week in Toronto.



Construction at CGA Mining's Masbate gold mine in the Philippines in 2008. Photo by John Cumming

B2Gold aims to grow via CGA bid

Gold miner B2Gold (BTO-T) looks to be banking on its proven ability to operate in difficult locales, as it moves forward with a US$1.1-billion, all-stock friendly bid for Australia’s CGA Mining (CGA-T, CGX-A), and its Masbate gold mine in…


Blackwater PEA drives New Gold higher

A preliminary economic assessment of New Gold’s (NGD-T) Blackwater gold project in central B.C., 112 km southwest of Vanderhoof, suggests it should generate robust economic returns, even at a gold price that is US$500 per oz. below where…


Alpha closes mines, cuts 9% of workforce

Alpha Natural Resources (ANR-N), the number-two coal miner in the U.S., may have its credit ratings lowered by Standard & Poor’s after curbing production and shutting eight coal mines, to stay profitable as demand drops.


Cameco picks up BHP’s Yeelirrie in WA

It appears that Cameco(CCO-T, CCJ-N), Canada’s major uranium power, is viewing a downswing in uranium markets as an opportunity to diversify its project portfolio, and acquire another foothold in Australia.


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