Volume 100 Number 3 Mar 3 - 9, 2014

Paladin Energy has suspended production at its Kayelekera uranium mine in Malawi (above). It had been operating at a loss due to low uranium prices. Credit: Paladin Energy

Paladin suspends production at Kayelekera

VANCOUVER — In the most significant curtailment of today’s uranium cycle, Paladin Energy (TSX: PDN) is suspending production its Kayelekera mine in Malawi until the uranium price recovers.

Workers unloading rods at a drill site at Colombian Mines and Teck Resources' Yarumalito gold-copper porphyry project in Colombia. Credit: Colombian Mines

Colombian Mines buoyed by assets

VANCOUVER — Colombian Mines (TSXV: CMJ; US-OTC: CMBPF) has remained active on the exploration front through a hybrid strategy of project generation and organic discovery.

Thomas Robyn, Sierra Metals' vice-president of exploration, at the Cusi silver-gold project in Mexico.  Photo by Anthony Vaccaro.

Sierra Metals goes old school at Cusi

CHIHUAHUA STATE, MEXICO — The green foothills an hour west of the city of Chihuahua are peaceful now. There is nothing in the gaze of a lingering llama that would tip a visitor off to the blood spilled here roughly a hundred years ago.

Teck Resources' Red Dog high-grade zinc mine in Alaska. Credit: Teck Resources

Zinc’s price set to rise, analysts say

Patricia Mohr, vice-president of economics and a commodity market specialist at Scotiabank, believes zinc “will be the next big base-metal play for investors.” She forecasts prices will average US94¢ per lb. in 2014 —…

Flotation recovery cells at Trevali Mining's Santander Mine in Peru: Credit: Trevali Mining

Trevali transitions from developer to producer in Peru

It took Trevali Mining (TSX: TV; US-OTC: TREVF) just six months to move its Santander zinc–lead–silver mine in Peru from commissioning to commercial production, and now the Vancouver-based company says it’s ready to develop…

U.S. equities slip, Feb. 17-21

Economic indicators in the U.S. were mixed, with the dollar falling at the start of the week to its lowest level since January and data mid-week showing housing starts in January posted their largest drop in three years, while U.S. factory…

TSX Venture carries momentum, Feb. 18-21

The S&P/TSX Venture Composite Index jumped 2.5%, or 25.31 points, en route to a 1,021.66-point close for the week. The Venture closed in the green for 11 straight trading days as it broke the 1,000-point barrier for the first time in nearly…

TSX stays up, Feb. 18-21

The S&P/TSX Composite rose 150.96 points during the week to end at 14,205.72. The spot price for gold rose US$7 per oz. to $1,326.10, pushing up the gold miners. The S&P/TSX Global Gold Index added 4.03 points to 204.82, while the…

From left: Eurasian Minerals geologist Stefano Gialli, general manager of exploration Eric Jensen, logistics coordinator Anders Norrbck and project marketing manager Chris Greenhoot at the Gumsberg copper-gold project in Sweden. Photo by Gwen Preston.

Eurasian seeks IOCG in Sweden

KIRUNA, SWEDEN — Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX) is a prospect generator. The company takes its prime assets — deep geological expertise and skill navigating difficult socio-political settings  — to…

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