Majors fight to maintain dividends
VANCOUVER — It’s been a delicate balancing act for miners over the past few years trying to return money to shareholders while keeping a consistent growth profile.
Canada
Kaizen sizes up Tower Resources
Since its reverse takeover in December 2013, junior explorer Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) has closed two acquisitions and is zeroing in on a third.
Arianne chops opex at Lac–Paul
Arianne Phosphate’s (TSXV: DAN; US-OTC: DRRSF) chief operating officer, Jean-Sébastien David, is on a mission to cut anticipated operating expenses at the company’s Lac-à-Paul phosphate project in Quebec by US$10 per…
Centerra joins Premier Gold at Trans-Canada
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has brought in Centerra Gold (TSX: CG; US-OTC: CAGDF) as its joint-venture partner for its flagship Trans-Canada property, including its advanced Hardrock gold project, in the Geraldton-Beardmore…
TSX Venture on the rise, Feb. 2-6
The S&P/TSX Venture Composite Index rallied 16.63 points, or 2.5% to 693.44 during the period, as crude oil futures showed signs of life and copper prices improved. The U.S. government reported that the private sector created 213,000 jobs…
Goldcorp’s Jeannes at Roundup 2015: Gold’s comeback is underway
VANCOUVER — When Goldcorp (TSX: G; NYSE: GG) president and CEO Chuck Jeannes talked about gold in a keynote speech at the Association for Mineral Exploration BC’s annual Roundup conference, people naturally perked up their…
Schulich students win ‘Battle on Bay’
In January the Ryerson University Finance Society held its annual “Battle on Bay” conference and case competition at the Ted Rogers School of Management in Toronto. This year’s theme was mining.
Letter to the editor: Thanks for the support
I have produced to date over 2,500 sketches of mines that have been located across Canada from the 1880s to the present. These mines extracted a broad range of product: diamonds, gold, silver, nickel, uranium, etc.
Rio Tinto’s McIntosh: ‘Exploration in our DNA’
VANCOUVER — There’s likely not an exploration manager with a bigger technical team or budget than Rio Tinto’s (NYSE: RIO; LSE: RIO) Stephen McIntosh, who serves as the mega miner’s global head of exploration and has…
Jay pipe could add 11 years to Ekati mine life
Dominion Diamond’s (TSX: DDC; NYSE: DDC) prefeasibility study for the Jay kimberlite pipe deposit shows it could add 11 years to the life of its Ekati diamond mine in the Northwest Territories’ Lac de Gras region.
Flawed dam design caused Mount Polley spill, panel says
An independent investigation into the tailings pond spill at Imperial Metals’ (TSX: III; US-OTC: IPMLF) Mount Polley gold-copper mine near Likely, B.C., found that a flaw in the dam’s design caused the breach last summer.
TSX dips on poor GDP growth, Jan. 26-30
The Toronto stock market slipped in the wake of poor economic data and a weakening Canadian dollar. The benchmark S&P/TSX Composite Index declined 105.87 points to 14,673.48 as Statistics Canada said real gross domestic product in November…