AngloGold to buy 19% of Mariana
AngloGold Ashanti (AU-N) is all set to acquire a 19.9% interest in fellow Deseado Massif landholder Mariana Resources (MRY-T, MARL-L).
News
Cap-Ex’s iron ore discovery grabs market’s attention
Just two short months ago, Cap-Ex Ventures (CEV-V) was one of the smallest and least visible explorer looking for iron ore in Eastern Canada’s Labrador Trough. But as the first assays from the company’s main Block 103 iron ore property near…
Allana Potash sketches US$796M capex for Dallol
Allana Potash (AAA-T, AAA-V) is painting a rosy picture of its Dallol potash project in Ethiopia, with a positive preliminary economic assessment (PEA) that estimates start-up costs at US$796 million.
Talon gains on Trairao’s resource
Talon Metals (TLO-T) got a much needed boost with an initial resource on three target areas at its Trairao iron project in Brazil’s Para State.
Salazar reports high-grade from Ecuador
Diamond drilling at Salazar Resources’ (SRL-V) 100%-owned Curipamba volcanogenic massive sulphide project in Ecuador has yielded more high-grade precious and base metals over significant widths at the El Domo deposit, which remains open in all…
Editorial: Ekati up for grabs
Canada’s diamond mining and exploration industry, like many a 20-year-old, has just sensed for the first time its own mortality.
Commentary: Making sense of royalty structures and rates
Royalties in the mining industry look pretty straightforward, but dig a little deeper and the complexities are soon apparent.
BHP looks to exit diamond business
BHP Billiton (BHP-N, BLT-L, BHP-A) is considering leaving the diamonds business, because it may no longer fit its modus operandi of owning only “large, long-life, upstream and expandable assets.”
London Mining gets the iron ore out of Sierra Leone
The world’s latest iron-ore mine comes out of a former key producer that is looking to get back on the mining track.
Letter from London
London, U.K. – Ahead of this year’s Mines and Money conference in London on Dec. 6th & 7th, your Northern Miner correspondent spent the week in Europe’s financial capital, where the late November sky was not the only thing to be slightly…
Amarillo completes prefeasibility on Posse
Amarillo Gold’s (AGC-V) Posse deposit in the Brazilian state of Goias is surrounded by a number of large copper, gold and nickel laterite projects and was previously mined by the Western Mining Company during the 1990s.
Outlook 2012: Patricia Mohr likes copper
Despite analysts facing some of the most difficult markets in years, Patricia Mohr, economics and commodity market specialist with Bank of Nova Scotia, agreed to delve into the difficult job of trying to predict where the prices of some key…