Bank of Montreal axes homophobic mining bankers
The Bank of Montreal fired four of its mining investment bankers last week because of verbal attacks on a colleague, The Globe and Mail reported on Thursday. The bank conducted…
Articles by Colin McClelland
Plane crash kills 6 on way to Rio Tinto diamond mine in northern Canada
A jet crash in the Northwest Territories killed four passengers and two crew members on its way to Rio Tinto‘s (NYSE: RIO; LSE: RIO; ASX: RIO) Diavik diamond mine, officials…
Gahcho Kué diamond sales fall on weaker demand
Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVD) says lower prices and demand from India and China depressed sales by 15% last year from the Gahcho Kué mine in the Northwest…
OreCorp rebuffs latest takeover bid as Perseus-Silvercorp battle rages
OreCorp (ASX: ORR) has rejected Perseus Mining’s (TSX: PRU; TSX: PRU) new takeover bid as it battles Silvercorp Metals (TSX: SVM; NYSE: SVM) to obtain the Nyanzaga gold project in Tanzania. “The…
Founders links Antino’s high-grade zones in Suriname
Founders Metals (TSXV: FDR; US-OTC: FDMIF) says assays from its Antino gold project in southeast Suriname show potential for significant gold mineralization between two zones. Drilling intercepted six gold intervals…
Bluestone soars on open-pit OK for Guatemalan gold
Shares in Bluestone Resources (TSXV: BSR) doubled after Guatemala approved a plan to change the contentious Cerro Blanco gold project to an open-pit operation from underground as the company considers selling…
Montage hikes Koné gold project economics in Africa
Montage Gold (TSXV: MAU; US-OTC: MAUTF) plans to start building its US$712 million Koné gold project in Côte d’Ivoire late this year after an updated feasibility study nearly doubled its net…
Centamin propels modern mining rules in Egypt
Centamin (TSX: CEE; LSE: CEY) has helped Egypt develop a new mining law due for passage within weeks as it seeks to expand the Sukari gold mine in the ancient land’s…
At Saudi Arabia’s Future Minerals Forum, the buzz word is partnership
Barrick Gold’s (TSX: ABX; NYSE: GOLD) Mark Bristow and Vale’s (NYSE: VALE) Mark Cutifani like Saudi Arabia’s plan to be a regional financial partnership hub because others racing to develop…
Exclusive: Ivanhoe’s Congo copper is what everyone’s after, Cloete says
Ivanhoe Mines (TSX: IVN) receives a constant stream of peers keen on learning its secrets of success in the Democratic Republic of Congo but it won’t sign a partnership deal…
Future Minerals Forum: Vale’s US$10B for Canada targets existing potential
Vale (NYSE: VALE) is spending US$10 billion ($13.3 billion) in Canada over the next decade to keep operations running in a district it values for its low-carbon production.The funds are…
Ivanhoe Electric shocks Saudi geology to spot targets
Ivanhoe Electric (TSX: IE; NYSE AM: IE) has zapped the ground with its Typhoon surveying system to find drill targets in Saudi Arabia and is content with its project portfolio,…