Great Basin likes Burnstone’s future
Struggling miner Great Basin Gold (GBG-T, GBG-N) got a much-needed share-price boost after releasing production and exploration updates on its two operating gold mines.
News
Atacama’s drills keep turning
Atacama Pacific Gold (ATM-V) is reporting positive results from third-phase drilling at its Cerro Maricunga gold project 140 km northeast of Copiapo, Chile.
Sego set to scale Miner Mountain
If you’ve ever been to Princeton, home to the recently opened Copper Mountain mine, you’ve also seen Sego Resources’ (SGZ-V) Miner Mountain copper property.
Glorious royalties
Financing was a recurring theme at this year’s eightieth Prospectors and Developers Association of Canada convention in Toronto. With debt markets in Europe faltering and equity markets globally not performing up to snuff, miners…
Xstrata expands Canadian coal footprint
Swiss-based mining giant Xstrata (XTA-L) has struck a deal to buy the Sukunka coking coal deposit in northern B.C.’s Peace River region from Calgary-based Talisman Energy (TLM-T, TLM-N) for a cool US$500 million in cash.
Banks Island banking on quick-start gold mine
Recently listed Banks Island Gold (BOZ-V) has hit more high-grade gold while expanding the resource at its production-ready Tel zone in northern B.C.
Editorial: Enviro report echoes feds’ priorities
Proposed changes to Canada’s Environmental Assessment Act could streamline and simplify the environmental approval process, much in-line with pledges already made by the federal Conservative government.
Metals commentary: Wood Mackenzie says Copper prices to ease, but ‘not massively so’
Wood Mackenzie is forecasting global demand growth for copper this year of 3.6%, a copper deficit of 100,000 tonnes and London Metal Exchange cash prices averaging US$8,700 per tonne, or US$3.95 per lb., down from an average of US$8,800 per…
God’s Lake and KI First Nation in escalating impasse
The Ontario government’s move to ban mining and mineral exploration on a large swath of northern Ontario looks to have done little to diffuse tensions between the Kitchenuhmaykoosib Inninuwug (KI) First Nation and junior explorer…
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Mar 20, 2012
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 19, 2012 (change from March 12 in brackets):