International Minerals Ups Its Game In 2010
VANCOUVER — International Minerals (IMZ-T) released its latest quarterly report during a busy time for the company. Since its second quarter ended Dec. 31, International Minerals has completed one ac…
News
Costs Down, Prices Set To Rise For Western Coal
VANCOUVER — An effort to reduce cash costs during the recession is paying off for Western Coal (WTN-T), as lower costs allowed the company to earn $24 million during the last three months of 2009 ahe…
Supreme Court Rules On Giant Mine Torts
The story with the biggest long-term effects on mining and labour relations in Canada happened in Ottawa, with the Supreme Court of Canada ruling on the tort aspects of the deliberately set explosion …
Yukon Needs More Mining To Thrive
I’m a citizen of Whitehorse, Yukon who has lived and worked in the North since the late 1970s.
Record Silver Eagle Sales For US Mint
The United States Mint has hit an all-time record partially inspired by uncertain economic times.
Supreme Court Rules On Giant Mine Murders
VANCOUVER — Another chapter in the bitter Giant Mine labour dispute has come to a close. The Supreme Court of Canada ruled the mine owners, the national level of the mine’s union, the mine’s security…
Fluor, Sinclair Knight Snap Up Contract With BHP In WA
Australian mining giant BHP Billiton (BHP-N) has contracted Fluor Corp. (FLR-N) and Sinclair Knight Merz (SKM) to continue work at BHP’s Pilbara iron ore mine in Western Australia.
KCMD To Develop Underground At Newmont’s Hope Bay
Kitikmeot Cementation Mining and Development (KCMD), has signed a letter of intent with Newmont Mining (NMC-T, NEM-N) subsidiary Hope Bay Mining Ltd. to carry out underground development at the Doris …
People (March 01, 2010)
Acadian Mining– Will Felderhof resigned as president and CEO; Terry Coughlan resigned as VP of investor relations and a director; Allan Trench appointed chairman; Peter Lee appointed interim presiden…
Correction (March 01, 2010)
In our article about Equinox Minerals’ Lumwana mine ( T. N.M., Feb. 22-28/10) we incorrectly stated First Quantum Minerals held a 19.25% interest in Equinox. First Quantum actually holds a 16.32% inte…
Toronto Stock Exchange -Feb. 16-22
The TSX composite index finished the Feb. 16-22 period slightly higher as markets were still digesting the U.S. Federal Reserve’s surprise raising of the discount rate.
TSX Venture Exchange -Feb. 16-22
Despite the Winter Olympics keeping news flow quieter than usual in Vancouver, Feb. 16-22 was a busy trading week for the S&P TSX Venture composite index. The board ended the week up 8.33 points a…