Editorial: Pot-ashen in Saskatchewan
December started off in a rather sombre way for Canadian mining, with former Prairie golden child Potash Corp. of Saskatchewan announcing deep and immediate cuts at its Canadian, U.S., and Trinidadian operations.
Canada
Pretium shares surge as bulk sample beats gold target
VANCOUVER — Pretium Resources’ (TSX: PVG; NYSE: PVG) shares soared 80% on news that the Brucejack project bulk sample has already produced more than the 4,000 oz. gold Pretium promised it would — with 20% of the sample…
Capstone misses but still impresses with production profile
Capstone Mining (TSX: CS; US-OTC: CSFFF) has proven that a slump in commodity prices hasn’t curbed its appetite for growth. With its recent acquisition of BHP Billiton’s (NYSE: BHP) Pinto Valley copper mine in Arizona…
Alix Resources all for bitcoin exchange
For those who claim that the mining industry rarely likes to adopt new technology, Alix Resources (TSXV: AIX; US-OTC: ARXFR) has a story to tell.
Copper Mountain sinks on $30M equity raise
Copper Mountain Mining (TSX: CUM) shares have been sliding since the company’s surprise move to raise $30.1 million in a bought deal to fund a secondary crusher and increase throughput at its eponymous copper–gold mine near…
Alberta orders Sherritt to clean up Obed spill
The Alberta government has slapped an environmental-protection order on Coal Valley Resources and Sherritt International (TSX: S) after last month’s waste-water spill in the Athabasca River.
Chieftain finds new feeder zone
Parts of the Tulsequah Chief orebody in northwestern B.C., 100 km south of Atlin and 65 km northeast of Juneau, Alaska, were mined by Cominco — now Teck Resources (TSX: TCK.B; NYSE: TCK) — from 1951 to 1957.
Cliffs shelves Ring of Fire chromite project
VANCOUVER — Five years ago, when explorers discovered chromite in northern Ontario’s James Bay lowlands region, the metal’s primary finished form — ferrochrome, a key steelmaking ingredient — was worth US$6 per kg,…
Strathcona’s Farquharson on the problem with Brucejack
VANCOUVER — Strathcona Mineral Services’ resignation from the Brucejack gold project in early October dealt a huge blow to project owner Pretium Resources (TSX: PVG; NYSE: PVG). Upon its departure, Strathcona raised serious concerns…
TSX Venture Exchange, Nov. 18-22
The S&P/TSX Venture Composite Index dropped 1.92 points during the trading sessions before closing at 932.15, which marked the third straight weekly loss for the exchange. Uncertainty surrounding the U.S. Federal Reserve’s stimulus…
Azincourt CEO talks Peruvian uranium acquisitions
VANCOUVER — Though junior Azincourt Uranium (TSXV: AAZ; US-OTC: AZURF) is a relatively new arrival to the exploration game — the company completed its listing prospectus in April 2012 — it has made waves by locking down a…
Editorial: The Cliffs Notes on the Ring of Fire
Dear Ontario, there’s been way too much off-base and irresponsible commentary in the province about Cliffs Natural Resources’ decision to shelve its Ring of Fire Chromite project. And so, in the spirit of afternoon reality TV and…