VANCOUVER — Rough commodity markets are forcing miners to make tough decisions, and Colorado-based Thompson Creek Metals (TSX: TCM; NYSE: TC) is the most recent operator driven to place a struggling asset on temporary care and maintenance…
The S&P/TSX Venture Composite Index finished in the red after losing 6.9%, or 48.21 points, en route to a 653.78-point weekly close. Energy stocks floundered during a freefall in crude oil prices, as the International Energy Agency slashed…
One recent resource development story in B.C. shows how the ground rules for project developers are changing forever in the province after the Supreme Court of Canada’s precedent-setting Tsilhqot’in decision in June and Imperial…
One of the hottest topics on the sidelines of the recent Manitoba Mining and Minerals Convention in Winnipeg was the provincial lawsuit launched by two prospectors against the Manitoba government for allegedly failing in its “duty to consult”…
We bid a sad farewell this week to Dick Pearce, former owner of The Northern Miner, who died on Dec. 7 at age 93 (see his obituary as an attached pdf document, as it appears on Page 3 of our Dec. 15 issue). In this age…
As it nears first production at its Phoenix gold mine, in Red Lake, Ont., Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) has gained the support of a small First Nation band that has argued that its treaty rights to be consulted about the…
After paying almost US$20 billion for Inco in 2006, Vale (NYSE: VALE) says it may sell part of its base metals division to unlock value.
While it won’t come close to covering the entire $747-million price tag to build the Brucejack gold mine in northwestern B.C., an $81-million strategic investment by China’s Zijin Mining in project owner Pretium Resources (TSX: PVG;…
The S&P/TSX Venture Composite struggled during the trading sessions, dropping 5.4%, or 39.88 points, en route to a 701.99-point weekly close. Energy markets were further hit by falling crude oil futures, which reached a five-year low….
MUNICH, GERMANY — Dave Hodge, the president of Zimtu Capital, has a public persona that transcends the Atlantic.
Rio Tinto (NYSE: RIO; LSE: RIO) has approved the development of a US$350-million A-21 kimberlite pipe at its 60%-owned Diavik mine, 300 km northeast of Yellowknife.
After a two-week rally, the S&P/TSX Venture Composite index plunged 6%, or 47.26 points over the trading period, en route to a 741.87-point close. Losses were largely driven by a sell-off in energy stocks, as crude oil spot prices and…
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