Boart Longyear weathers downturn
When Richard O’Brien left his post as CEO of Newmont Mining (NYSE: NEM; TSX: NMC) in December 2012, after five years in the job and seven at the company, he wasn’t ready to “hang up his pick” just yet.
United States
Mercator weighs its options
Mercator Minerals (TSX: ML; US-OTC: MLKKF) is delving into a strategic review that is considering any or all of the following: selling the company; a business combination; or selling all or part of its assets, in light of lower commodity…
Hochschild ties up loose ends with IMZ acquisition
With its proposed acquisition of International Minerals (TSX: IMZ), Hochschild Mining (LSE: HOC; US-OTC: HCHDF) will increase its ownership from 60% to 100% in two of its precious metal assets in southern Peru: the Pallancata…
Gold Standard’s drills continue to hit at Railroad
VANCOUVER — Nevada-focused explorer Gold Standard Ventures (TSXV: GSV; NYSE-MKT: GSV) is showing that a promising gold project can still attract financing in these difficult markets.
Corvus rallies on Bullfrog drill results
VANCOUVER — Good news has been rolling in for explorer Corvus Gold (TSX: KOR) at its wholly owned North Bullfrog gold-silver project, 10 km north of Beatty, Nev. Corvus started a 20,000-metre drill program at the project in mid-May, after…
Nevada Copper models open-pit expansion at Pumpkin Hollow
VANCOUVER — Markets have become hesitant towards projects with large development costs, so many companies are contemplating mine development that allows for smaller initial operations that are later expanded. For Vancouver-based Nevada…
Midas optimizes Golden Meadows
Midas Gold (TSX: MAX) is assessing ways to lift the economics of its wholly owned Golden Meadows gold project in Idaho’s historic Stibnite mining district ahead of a prefeasibility study that’s due in mid-2014.
Western phosphate producers look east for growth
AGADIR, MOROCCO — Mosaic (NYSE: MOS) may be the largest producer of finished phosphate products in the world, with four phosphate-rock mines, three processing plants in Florida and a second plant in Louisiana, but permitting new mines or…
Toronto Stock Exchange, Sept. 16-20
The U.S. Federal Reserve’s surprise announcement to maintain its stimulus program helped lift Toronto markets during the trading week.
Rodinia Lithium gives up costly Nevada claims
When the Nevada office of the U.S. Bureau of Land Management raised its annual mining claim fees last year by 700%, from US$140 per claim to US$1,120 — at a time capital markets were even more challenging for miners — juniors like…
Ian Ball takes the reins at McEwen Mining
Outside the tech industry, there aren’t too many sectors of the economy where you can find 31-year-old presidents of major companies, and certainly not in the field of mining, where the demographics in management are often skewed in the…
Pilot Gold sees district-scale potential in Turkey, Nevada
VANCOUVER — Pilot Gold’s (TSX: PLG; US-OTC: PLGTF) large TV Tower property in Turkey has returned a stream of promising drill results over the past few months, including well-mineralized intercepts from the project’s silver…