BHP plans spinoff to focus on ‘four pillars’
With a spinoff of its aluminum, manganese, nickel, silver and some of its non-core coal assets, BHP Billiton (LSE: BLT; ASX: BHP; NYSE: BHP) is driving to simplify its portfolio.
Canada
Editorial: Once more into the breach
It was another week of major developments in the fast-moving story of Imperial Metals and the massive, 15-million-tonne tailings and waste-water breach at its Mount Polley copper–gold mine in central B.C.’s Cariboo region.
Silver Wheaton CEO: we’re ‘busy pursuing acquisitions’
VANCOUVER — Since pioneering the stream financing model nearly a decade ago, Randy Smallwood and his team at Silver Wheaton (TSX: SLW; NYSE: SLW) have turned it into a multi-billion dollar business. It’s been around two years since…
TSX Venture declines for a second week, Aug. 5-8
The S&P/TSX Venture Composite lost ground during the shortened trading sessions, dropping 3.16 points en route to a 997.47-point close. Investors seemed to favour safe-haven instruments like gold and government bonds. Statistics Canada…
Questions remain after Mount Polley spill
There have been several developments in the days since Imperial Metals (TSX: III; US-OTC: IPMLF) reported a disastrous tailings spill at its Mount Polley gold–copper mine, near the town of Likely, B.C., which sent nearly 15 million…
PotashCorp ups 2014 earnings forecast
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has upped its full-year earnings guidance for the second time this year after a better-than-expected second-quarter profit of US$472 million.
Fission going strong at PLS
VANCOUVER — Fission Uranium (TSXV: FCU; US-OTC: FCUUF) hit mineralization in every one of the first 14 holes of its mid-year drill program at Patterson Lake South (PLS), continuing a drilling success story that has delineated shallow,…
Building roads to resources a priority, says NWT premier
Mining is the largest industrial sector in the Northwest Territories (NWT), and building transportation and other important infrastructure is the key to unlocking its potential, NWT Premier Bob McLeod said at a symposium in Toronto on Aug. 6.
Commentary: Road to Ring of Fire is paved with legal briefs
Now that Cliffs Natural Resources has finally won a round in Ontario’s legal system, are they any closer to gaining access to their Ring of Fire chromite motherlode?
Editorial: Who designed the Mount Polley tailings dam?
It’s a week and a half after the massive tailings spill at Imperial Metals’ Mount Polley copper–gold mine in B.C.’s Cariboo region, and many unclear aspects of the disaster are coming into better focus.
Kennady climbs on more high-grade diamond results
Ahead of a maiden resource estimate due out later this year, results from Kennady Diamonds’ (TSXV: KDI) Kennady North project in the Northwest Territories continue to confirm expectations of a high-grade project.
Trevali to restart Caribou mine
VANCOUVER — With $51 million in new debt funding on hand, Trevali Mining (TSX: TV; US-OTC: TREVF) is finding that it’s a good time to rehabilitate an underground zinc mine in New Brunswick.