Situation in Madagascar worsening
Madagascar is in a state of upheaval, and while foreign miners with operations there say they have thus far been un…
Nickel
Tanzanian Royalty and Songshan Mining sign option agreement
In a deal that brings together two of his interests — Africa and the emerging economies of Asia, and in particular…
Vale Inco, Alcoa And U.S. Steel Cutting Back
Responding to the ongoing slowdown in the nickel market, Vale Inco, the nickel division of Vale (RIO-N), has announced 900 job cuts worldwide. Most of the affected jobs are in the corporate, managemen…
Crowflight soldiers on in tough nickel environment
While the market remains chilly to nickel projects, Crowflight Minerals (CML-T) continues to improve the economics …
Canadian Royalties to renegotiate debentures
If market conditions don’t improve, Canadian Royalties (CZZ-T) might not have enough cash to pay interest on $137.5…
Sherritt Plots Return To Low-Cost Glory Days
Sherritt International (S-T, SHERF-O) wants to get back to where it started — or at least where it was eight years ago.
SRM And Palmiere Go Head To Head
The week leading up to the Prospectors and Developers Association of Canada, the eighth trading week of the year, continued to see fallout from HudBay Minerals’ failed takeover of Lundin Mining,
Yemen seeks to gain its share of the mining spotlight
Exploration companies looking for the next big find have seldom thought to look in the Middle Eastern country of Ye…
Vale Inco, Alcoa and U.S. Steel cutting back
Responding to the ongoing slowdown in the nickel market, Vale Inco, the nickel division of Vale (RIO-N), has anno…
Anglo American to cut 19,000 jobs this year
Anglo American( AAUK-Q, AAL-L) plans to axe 19,000 jobs or about 10% of its global workforce this year due to trimmed-back production plans and rescheduled projects.
Getting To The Ring Of Fire
Despite the industry slump, exploration in the McFaulds Lake area of northern Ontario continues apace as Noront Resources (NOT-V, NOSOF-O) and other explorers drill off deposits they hope will add up …
Hawk Uranium terminates interest in joint venture with Noront
Disappointing exploration results in the “Ring of Fire” McFauld’s Lake area of northern Ontario have forced Hawk Ur…