Kinross reports strong Q3 results
Kinross Gold (K-T, KGC-N) shares have fallen by 15% since the beginning of October, but strong third-quarter results portend a turnaround is in store, analysts say.
2012
UBC, SFU win $25M federal mining grant
Vancouver’s two biggest universities have been selected to spearhead the establishment of a “Canadian International Institute for Extractive Industries and Development”. The University of British Columbia (UBC) and Simon…
Mining the Canadian markets
With nearly 1,650 companies listed, mining is one of the Toronto Stock Exchange’s most important sectors. The TSX and the TSX Venture Exchange are home to more than half of the world’s public mining companies, as Canada continues to…
Editorial: DRC on the edge
As we go to press, rebel fighters from the M23 group in the Democratic Republic of the Congo have pushed past Goma, the capital of North Kivu province, to the town of Sake, 20 km west, and claim they plan to march to Kinshasa, the…
Denison eyes JNR in the Athabasca
In a move to lock up uranium-rich ground in the Athabasca basin of northern Saskatchewan, Denison Mines (DML-T, DNN-X) plans to buy joint-venture partner JNR Resources (JNN-V) for nearly $10 million.
More headaches for Anglo American
Skyrocketing costs are eating into the pocketbooks of miners across the industry, and Anglo American (AAL-L, AAUKY-Q) is no exception.
Slater’s patience rewarded in Kazakhstan’s goldfields
Business partners Ian Slater and Robert Bell first set their sights on Kazakhstan mineral potential not long after the country declared independence from the Soviet Union in the early 1990s. Two decades later, their vision of developing a…
Thompson Creek slumps, but Mt. Milligan on track
Thompson Creek Metals (TCM-T, TC-N) is sinking deeper into the red as it builds the $1.5-billion Mount Milligan copper-gold mine in central B.C., posting a third-quarter net loss of US$48.2 million, or US29¢ a share, compared with a profit…
Auriga’s new vision for Puffy Lake
Auriga Gold (AIA-V) wants to bring the Puffy gold mine in northwestern Manitoba back to life — only this time, as a more modest and efficient operation.
Revett presses on in Montana
When Revett Minerals (RVM-T, RVM-X) restarted the Troy mine in northwestern Montana in December 2004, the property had a mine life of about four years, based on its known reserves.
Market news: U.S. Markets
U.S. stock markets were closed for the Thanksgiving holiday on Nov. 22, and many Americans marked the occasion with a shopping spree. According to the National Retail Federation, 89 million Americans shopped online and in stores on Black…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, November 27, 2012Precious MetalsPrice…