Cliffs to take major hit in Q4
Two years ago when Cliffs Natural Resources (CLF-N) acquired Consolidated Thompson Iron Mines for US$4.97 billion, many critics argued the Cleveland-based company had overpaid.
Canada
Iamgold falls 15% on higher expected costs
Iamgold (IMG-T, IAG-N) shares crumbled as the gold producer estimated higher operating costs for 2013, causing analysts to cut their targets.
Commentary: BC a model for attracting investment and building partnerships with aboriginal communities
It is with some nostalgia that we look back at 2012, a year of pride and celebration for the Association for Mineral Exploration British Columbia (AME BC). We wrapped up a year of special initiatives to mark our association’s 100th…
Western Copper jumps on Casino feasibility study
For resource companies, it can be hard to keep investors interested during the lull between discovery and development. During those years the story shifts from exciting exploration results to endless studies of metallurgy, hydrography, power…
Countdown to production at Mount Milligan
The mine that Thompson Creek Metals (TCM-T, TC-N) is building in central B.C. will be a novel operation in many ways.
KSM keeps growing for Seabridge
Seabridge Gold’s (SEA-T, SA-N) KSM project is already one of the largest undeveloped gold projects in the world, home to 38 million oz. gold and 10 billion lb. copper. But with drills tapping into deep core zones and new stepout targets,…
Kivalliq stacks uranium resources at Angilak
It has been roughly three years since uranium explorer Kivalliq Energy (KIV-V) began drilling in earnest at its 1,377-sq.-km Angilak property in Nunavut. The company has long maintained it is looking at a district-scale play in what could…
Brigus looks to a brighter 2013
Brigus Gold (BRD-T, BRD-X) has hit its 2012 production target and is eyeing more gold production and growth in the new year.
Karnalyte lands Indian investor for Wynyard potash
Karnalyte Resources (KRN-T) is getting a much-needed financial boost in its drive to develop its wholly owned Wynyard potash project located outside the township of Wynyard, Sask. India’s publicly traded Gujarat State Fertilizers &…
Clifton Star hits PEA milestone at Duparquet
The way forward is coming into focus for junior explorer Clifton Star Resources (CFO-V) at its multi-million ounce Duparquet gold property in northwestern Quebec, 50 km by road north of the mining town of Rouyn-Noranda. The company has…
Denison to buy explorer Fission
Denison Mines (DML-T, DNN-X) is staying true to its strategy of becoming a leading uranium explorer in the eastern Athabasca basin region of Saskatchewan by agreeing to acquire Fission Energy (FIS-V) for $70 million.
Northern Freegold homes in on Nucleus
A new resource estimate outlining a higher-grade starter zone has put the Freegold Mountain project in prime position, as owner Northern Freegold Resources (NFR-V) finalizes the project’s first economic assessment.