2012


Northland production on track for Q4

Before joining Northland Resources (NAU-T), an emerging iron ore concentrate producer in Europe, Karl-Axel Waplan served as president and chief executive of Lundin Mining (LUN-T) where he began as executive vice president of operations and was…



Lundin’s NGEx targets copper-gold in Chile

VANCOUVER — NGEx Resources (NGQ-T) looks to have a promising collection of copper-gold porphyry properties in Chile’s prolific Region III, but considering the company comes under the umbrella of the serially successful Lundin Group…



Update: Ivanhoe to sell SouthGobi stake to Chalco

 Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) says it will sell its stake in Mongolian coal producer SouthGobi Resources (SGQ-T) to Aluminum Corp. of China (Chalco) and use the proceeds to fund development of its massive Oyu Tolgoi mine, where it…


Rockex advances island deposits in Ontario

The iron ore deposits on Eagle Island, Fish Island and Wolf Island at the southwestern end of Lake St. Joseph in northwestern Ontario were first detected at the turn of the century by employees of the Hudson’s Bay Company, long before…


Extorre enjoys 8% share boost following Cerro Moro PEA

VANCOUVER — Markets reacted with enthusiasm to Extorre Gold Mines’ (XG-T, XG-X) preliminary economic assessment on its Cerro Moro gold-silver project 70 km southwest of Puerto Deseado in Argentina’s Santa Cruz province.


B.C.’s next copper kings

VANCOUVER — With capital costs escalating all over the industry and mine financing not getting any easier, infrastructure is looking as crucial as ever for those looking to build a major copper mine in British Columbia while keeping costs…




U.S. stocks on solid ground, Mar. 26-30

The Dow Jones Industrial Average rose 131.31 points or 1.0% to 13,212.04 during the Mar. 26-30 trading week, while the S&P 500 index edged 11.36 or 0.81% higher to 1,408.47. The Dow and the S&P 500 closed out their best first quarter…


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