Editorial: Iron ore prices surge higher on Vale disaster
All of those supply and demand, and price forecasts carefully assembled in late 2018 for iron ore have become obsolete in the wake of Vale’s devastating Corrego do Feijao tailings…
South America
TSX Venture dips, Feb 4-8: Max Resources, Bonterra Resources, Redzone Resources
The TSX/S&P Venture Composite Index slipped 1.7% to end the trading week at 611.94. Shares of Max Resource rose 111% to 38¢. The company recently expanded the zone through surface…
Vale evacuates 500 people near Sul Superior tailings dam as ‘safety measure’
Vale (NYSE: VALE) is evacuating 500 people from an area below the Sul Superior dam, an upstream tailings dam that used to support production from the company’s Gongo Soco mine,…
Andrée St-Germain, José Vizquerra named ‘Young Mining Professionals of the Year’
The Young Mining Professionals (YMP) — a non-profit group with chapters in Vancouver, Toronto, Montreal, Sudbury, Perth, Brisbane, Johannesburg and London — has given its Mining Professional of the Year…
Lithium & Uranium Snapshot: Eight energized juniors on the move
While lithium and uranium markets were depressed in 2018, a rebound could occur, as demand pressures for both metals grow in the years ahead. Here’s a look at eight juniors…
Lumina confirms deposit at Gran Bestia
Lumina Gold (TSXV: LUM; US-OTC: LMGDF) has announced drill results from the Gran Bestia zone at its Cangrejos gold project in Ecuador that, along with drilling by the property’s previous…
Vale faces ‘serious reputational risk’ following dam disaster: Moody’s
Potential liabilities from the collapse of a tailings dam at Vale’s Feijao iron ore mine in Brazil that has left at least 99 people dead and another 250 people missing…
Editorial: Tailings spill at Feijao is Vale’s worst yet, with 84 dead, 276 missing
Here we go again. With memories still fresh of Vale and BHP’s deadly Samarco iron ore tailings disaster in Mariana, Brazil in November 2015 — which killed 19 people —…
Great Panther Silver boosts resource at Topia mine in Mexico
Great Panther Silver (TSX: GPR; NYSE American: GPL) has increased the measured and indicated resource at its Topia silver-gold-lead-zinc mine in Mexico’s Durango state to nearly 15 million silver-equivalent ounces….
Uranium Energy lays groundwork for market recovery
Over the last two years, Uranium Energy (NYSE-AM: UEC) has taken advantage of the downturn in uranium markets and acquired uranium projects in the Powder River basin of Wyoming, Canada’s…
Goldcorp expects higher production in 2019
Goldcorp (TSX: G; NYSE: GG) expects to produce more silver, zinc, lead and gold equivalent ounces in 2019 compared to 2018. The company, which is currently merging with Newmont (NYSE:…
US markets rise, Jan. 21-25: Yamana, Iamgold and Freeport McMoRan
The gold price rose 1.66% to US$1,302.60. The Philadelphia Gold and Silver Index rose 4% to 71.17, and the Dow Jones Industrial Average rose 0.12% to 24,737.20. The S&P 500…