Teck seeks more cuts despite ‘cost reduction fatigue’
Teck Resources’ (TSX: TCK.B; NYSE: TCK) chief financial officer Ron Millos said the company intends to lower debt and improve operating costs, despite the fact that it is getting harder…
Canada
Upside ‘very much alive’ at Kwanika in BC, Serengeti says
VANCOUVER — The latest drill results from Serengeti Resources’ (TSXV: SIR) Kwanika copper-gold project, 250 km east of Smithers, may have triggered a 35% drop in the company’s share price,…
Quebec snapshot: Eight juniors strut their stuff
Boasting a large, prospective territory and a deep mining culture, Quebec arguably has the most vibrant junior mining scene in Canada, with activity across the province in a multitude of…
Editorial: Gold miners find room to breathe
With gold prices holding steady for months above US$1,300 per oz., and years of painful cost-cutting and writedowns now firmly in the past, the mood of gold miners in attendance…
The geology behind Quebec’s world-class metal districts
For more than a few Quebecers, walking amongst some of the earth’s oldest rocks is an everyday occurrence. Almost 90% of the bedrock in the province belongs to the Canadian…
The Northern Miner podcast – episode 31: The Geology Corner and junior stocks
Matt and Lesley are back in studio to unveil a new feature on the podcast: Lesley’s geology corner! Today we discuss Endeavour Mining‘s (TSX: EDV) Ity gold mine in Côte…
Wall Street rises, Sept. 19–23
U.S. equities gained momentum as the U.S. Federal Reserve maintained interest rates, fuelling higher commodity prices. The Dow Jones Industrial Average moved up 0.8% to 18,262.45 and the S&P 500…
Falco eyes high-tech mining at Horne 5 in Rouyn-Noranda
VANCOUVER — Falco Resources (TSXV: FPC; US-OTC: FPRGF) says new mining technology and methods could boost efficiency at its large Horne 5 gold-silver-copper-zinc deposit in Rouyn-Noranda, Quebec. The $905-million operation would…
Osisko calls Windfall a ‘company maker’
BEAVER CREEK, COLORADO — Osisko Mining (TSX: OSK) says it will hang “for sale” signs on most of its properties — except for its wholly owned Windfall project in Quebec,…
RNC focuses on free cash generation
RNC Minerals (TSX: RNX; US-OTC: RNKLF) — formerly Royal Nickel Corp. — has gone from a single-asset firm to a gold, nickel and copper producer, by taking advantage of the…
Site visit: Victoria on track to gold production at Eagle
KENO CITY, YUKON — There’s optimism at Victoria Gold’s (TSXV: VIT; US-OTC: VITFF) Dublin Gulch camp in the Yukon Territory, after a resurgence in precious metal markets that is creating…
The Northern Miner podcast – episode 30: Ontario geology and market update
Lesley’s back from her adventurous kayaking vacation in B.C. to talk Ontario geology for our upcoming special! Matt digs into metallurgical coal, Lundin Mining‘s (TSX: LUN; US-OTC: LUNMF) strategy on…