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.
United States
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…
Potash Ridge’s SOP story in Utah
VANCOUVER — A prefeasibility study suggests Potash Ridge’s (TSX: PRK; US-OTC: POTRF) Blawn Mountain project in Utah could be transformed for US$1.1 billlion into an economic, long-life, open-pit mine producing high-quality potash.
Hecla sees potential in junior explorers
VANCOUVER — The market landscape has shifted for juniors with exploration-stage assets. And though equity markets remain tough, there are opportunities for producers like U.S.-based Hecla Mining (NYSE: HL) that are looking to get…
Adamera eyes golden upside in historic Washington
VANCOUVER — Vancouver-based Adamera Minerals (TSXV: ADZ) has cut ties with its uranium assets in Nunavut, and picked up gold projects in a less logistically challenging locale: Washington state.
Newmont leads by example
The last few weeks have been upbeat for Newmont Mining (TSX: NMC; NYSE: NEM). The has brought two of its projects into commercial production on schedule and budget: Akyem in Ghana and Phoenix Copper in Nevada. And Newmont revealed in its…
Hudbay sells Back Forty stake, Constancia’s gold
With seven projects in the Great Lakes area, Aquila Resources (TSX: AQA; US-OTC: AQARF) is carving out something of a reputation as a junior explorer to watch in this region of North America. That reputation grew two sizes in early November,…
Mosaic spends US$1.4B for CF Industries’ assets
Mosaic’s (NYSE: MOS) proposed acquisition of CF Industries Holdings’ (NYSE: CF) phosphate business will give it enough product to meet expected demand growth, mostly in North and South America; brings earnings accretion; and exceeds…
Alamos posts solid Q3 results
Alamos Gold (TSX: AGI; NYSE: AGI) had a relatively good run in the third-quarter, with adjusted earnings of US$9.2 million, or US7¢ per share — in line with analysts’ expectations.
Brixton poised to solve geological puzzle at Thorn
ATLIN, B.C. — It’s been a tough time for juniors trying to fund grassroots exploration, but it helps when high-profile investors take notice and decide to support a project. And that’s been the case for…
Northern Vertex mines Moss
BULLHEAD CITY, ARIZONA — Sometimes an old project just needs a new perspective. For the Moss gold-silver mine project in northwestern Arizona, that new perspective arrived two and a half years ago when Northern Vertex Mining (TSXV: NEE)…
Allied Nevada gets back on track
After a rough second quarter slashed its stock price, Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) could make the year’s biggest comeback.