Typhoon Haiyan: The relief after the storm
Typhoon Haiyan swept across the Philippines on Nov. 8, killing nearly 4,000 people, with thousands more missing and feared dead.
Asia
Silvercorp struggles with operational issues at Ying
VANCOUVER — It was a tough quarter for China-focused producer Silvercorp Metals (TSX: SVM) as the company grappled with staffing and cost issues at its flagship Ying silver mining district in the central province of Henan. The company…
Mongolian gov’t rescinds 106 exploration licences
Criminal legal proceedings against former government officials in Mongolia have resulted in the cancellation of 106 mineral-exploration licences in the country. Investigating the former government officials accused of corruption has brought…
Rio Tinto to stay in the diamond business
Rio Tinto (RIO-N, RIO-L) announced in June that it will hang onto its diamond assets after all, concluding a strategic review of the business that the miner began in March…
Mongolia confounds investors
The mining sector makes up 20% of Mongolia’s gross domestic product (GDP), 40% of its budget income, 85% of its investment and 90% of its exports, but the uncertainty that permeates everything from the security of mineral tenure and…
PwC gold study charts new ground
A study on the direct economic impact of gold — commissioned by the World Gold Council — gathers, for the first time, all the evidence of the precious metal’s economic and fiscal contribution, author PricewaterhouseCoopers…
Boart Longyear weathers downturn
When Richard O’Brien left his post as CEO of Newmont Mining (NYSE: NEM; TSX: NMC) in December 2012, after five years in the job and seven at the company, he wasn’t ready to “hang up his pick” just yet.
Nautilus soars on arbitration award
The verdict has arrived much to the joy of investors.
Centerra’s compromise on Kumtor lifts political overhang
Facing penalties of US$467 million for alleged environmental damages at its Kumtor mine in Kyrgyzstan and a state commission report issued last year that concluded Centerra Gold (TSX: CG; US-OTC: CAGDF) should pay more to operate the mine, the…
Western phosphate producers look east for growth
AGADIR, MOROCCO — Mosaic (NYSE: MOS) may be the largest producer of finished phosphate products in the world, with four phosphate-rock mines, three processing plants in Florida and a second plant in Louisiana, but permitting new mines or…
PNG Gold hits high grade
VANCOUVER — Every time drills probe the main Imwauna vein system at PNG Gold’s (TSXV: PGK; US-OTC: ISRJF) Normanby project in Papua New Guinea, they return high-grade gold from a steeply dipping structure that is narrow but easy to…
Positive economics for Mindoro’s Agata nickel laterite project
Mindoro Resources (TSXV: MIO; ASX: MDO) and TVI Pacific (TSX: TVI; US-OTC: TVIPF) have something to smile about, as a feasibility study on their Agata nickel laterite project in the Philippines has returned encouraging results for a high-iron…