More headaches for Anglo at Minas-Rio
Skyrocketing costs are eating into the pocketbooks of miners across the industry and Anglo American (AAL-L, AAUK-Q) is no exception.
2012
Update: Osisko to acquire Queenston
It’s not easy these days for chief executives and their boards to strike a balance between shareholders who scream for growth and those who demand consistent free cash flow and higher dividends.
TSX drops on fiscal cliff concerns
Canada’s main index fell during the Nov. 5-9 trading week as investors fretted over the U.S. economy toppling over the “fiscal cliff” as several laws, such as the Bush tax cuts, are set to expire at year end, after which a…
U.S. markets down on fiscal cliff fears
U.S. elections results may have settled who will lead the country for the next four years, but that did little to quell fears that a recession could be on the horizon if the fiscal cliff situation is not resolved in the coming months.
Revett presses on in Montana
When Revett Minerals (RVM-T, RVM-N) 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.
Rambler’s Ming takes wing
The Ming copper-gold mine on Newfoundland’s Baie Verte Peninsula officially moved into commercial production on Nov. 1, and Rambler Metals and Mining (RAB-V, RMM-L) says the first 9,000 to 10,000 tonnes of copper concentrate will be…
International Enexco keeps it simple
Mining investors often get caught up in the idea that the bigger the deposit, the better.
Project generation a win for McLean
Scott McLean and Kevin Stevens were part of a four-man team at Falconbridge that discovered the high-grade Nickel Rim South deposit in Sudbury, Ont., in 2001.
More Alaskan high grade for NovaCopper
Since NovaCopper (NCQ-T, NCQ-X) started drilling the South Reef zone on its Bornite concession in northwestern Alaska this year, 16 of the 19 holes returned high-grade copper — a success rate of 84%.
Nevada Copper can’t help but find more red metal
Nevada Copper (NCU-T) keeps hitting more copper, just as it puts its finishing touches on a soon-to-be-released feasibility study on its Pumpkin Hollow property in Nevada’s Yerington district.
Miners give back in Toronto, Mali
Several mining companies are digging into their pockets ahead of the holiday season and donating to charitable causes.
Graphite demand to strengthen: Roskill
London-based resource market analyst Roskill Information Services is predicting significant shifts in the supply and demand dynamics of the natural and synthetic graphite industry.