News

The head frame and hoist room at Iamgold's Niobec niobium mine in Quebec, 200 km north of Quebec City. Photo by Iamgold

Niobec stake could be cash cow for Iamgold

Iamgold (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10% to 20% of its Niobec niobium mine in the near term, but the recent sale of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set tongues…


Drillers working at CuOro Resources' Santa Elena copper-gold project in Colombia. Photo by CuOro Resources

CuOro gets good results from Santa Elena

CuOro Resources (CUA-V) has released positive initial drill results from its Santa Elena copper-gold near-surface volcanogenic massive sulphide project in Colombia.


Editorial: Buffett vs. the golden bulls

Renowned columnist George Will was there and heavyweight investors such as John Hathaway and Thomas Kaplan were there, but a certain sage from Omaha was missing from the inaugural Precious Metals Summit in Vail, Colo. 



Rescued Chilean miners Omar Reygadas (left) and Franklin Lobos at a press conference in Toronto. Photo by Salma Tarikh

From hard hats to fundraising

Two of the 33 Chilean miners have put on their fundraising hats to promote the upcoming National Folkloric Ballet of Chile (BAFONA) tour across Canada. 


Northgate’s Australian mines underperform

Analysts remain mixed over AuRico Gold’s (AUQ-T) $1.46-billion, all-share takeover bid for gold miner Northgate Minerals (NGX-T), with some believing the 60% premium AuRico has agreed to pay is too rich for Northgate and its prized…


Teck to make big investments in B.C. operations

Vancouver – Looking to boost internal growth, Teck Resources (TCK.B-T, TCK-N) plans to ramp up production at its western Canadian coal operations and make significant upgrades to two processing facilities in British Columbia.



Exploration Orbite hits another milestone

Montreal-based junior Exploration Orbite (ORT.A-V) has been given the go-ahead to extract a large bulk sample of up to 3,000 tonnes of aluminous clay over the next year from its Grande-Vallee claystone deposit in Quebec.




Macarthur Minerals posts latest Lake Giles resource

Vancouver – Macarthur Minerals (MMS-V) has issued the latest in a string of resource estimates from its Lake Giles iron ore project in Western Australia as it works towards a potential direct shipping operation.


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