Dividend cut and losses hurt Cliffs
Investors were beating up Cliffs Natural Resources (CLF-N) after it cut its dividend and reported a quarterly loss.
Canada
Commentary: Beefing up Canada’s anti-corruption legislation
On Feb. 5, 2013, broad amendments to the Corruption of Foreign Public Officials Act (CFPOA) were tabled in the Canadian Senate through Bill S-14, which will effectively bring Canada’s anti-corruption regime more closely in line with the…
Sona signs MOU with Chinese contractor
Executive chairman Nick Ferris of Sona Resources (SYS-V) had been trying to source financing for some time to advance the junior’s Blackdome-Elizabeth gold project in the Clinton and Lillooet mining districts of British Columbia, about…
Commentary: The case for random alcohol testing by employers in dangerous workplaces
On Dec. 7, 2012, the Supreme Court of Canada heard an argument on the subject of random alcohol testing by employers in dangerous workplaces. The case arose from a union grievance and an arbitration challenging the policy of Irving Pulp &…
Sudbury songbirds snag top prizes
Some might say working in the mining industry is nothing to sing about, but the results of the Canadian Mining Hall of Fame’s (CMHF) mining song contest prove that shovels, shafts and mine safety measures can inspire musical…
Quest fires up mini-pilot plant for Strange Lake
Quest Rare Minerals (QRM-T, QRM-X), which owns the Strange Lake rare earth deposit in northern Quebec, recently held a tour of its mini-pilot plant at Process Research Ortech in Mississauga, Ont., where it’s testing the…
Northcliff goes north on strong economics at Sisson
Northcliff Resources (NCF-T) has shone a spotlight on its Sisson tungsten-molybdenum project in New Brunswick, with a feasibility study confirming it could economically mine the deposit for 27 years.
Taking a closer look at Taseko’s options
Taseko Mines (TKO-T, TGB-X) could become a consolidator in British Columbia and also prey to companies like Lundin Mining (LUN-T), Capstone Mining (CS-T) or Teck Resources (TCK.B-T), Chris Chang of Laurentian Bank Securities says.
Positive prefeasibility fails to stop Champion Iron’s slide
VANCOUVER – A preliminary feasibility study concluded the East and West deposits at Champion Iron Mines’ (CHM-T) Consolidated Fire Lake North project could produce 9.3 million tonnes of concentrate grading 66% iron for almost 20 years,…
Quest fires up mini-pilot plant for Strange Lake
Quest Rare Minerals (QRM-T, QRM-X), which owns the Strange Lake rare earth deposit in northern Quebec, recently held a tour of its mini-pilot plant at Process Research Ortech in Mississauga, Ont., where it’s testing the solvent…
Canada buys back a little Sudbury
The upstart precious metals-streaming business has clearly reached the big leagues, with a blockbuster cash deal being forged between Vale (VALE-N) and Silver Wheaton (SLW-T, SLW-N).
Teck’s Lindsay sees bright future for the careful
VANCOUVER — Donald Lindsay, president and CEO of Teck Resources (TCK-T, TCK-N), is a great storyteller. As he speaks his divergent tales weave together seamlessly and most listeners are left believing every word spoken.