Volume 98 Number 33 Oct 1 - 7, 2012

Equipment at Canadian Zinc's Prairie Creek zinc-lead-silver project in the Northwest Territories. Photo by Anthony Vaccaro

Unfinished business at Prairie Creek, part II

When and if the final water licence and road permits are issued, Canadian Zinc (CZN-T) will at last be in a position to get its Prairie Creek zinc-lead-silver project here in the southwest corner of the Northwest Territories into…

Alpha closes mines, cuts 9% of workforce

Alpha Natural Resources (ANR-N), the number-two coal miner in the U.S., may have its credit ratings lowered by Standard & Poor’s after curbing production and shutting eight coal mines, to stay profitable as demand drops.


In the article “Pretium cuts Brucejack’s resource” (T.N.M., Sept. 24–30/12), it was incorrectly stated that the company had a 24,000-metre drill program with six rigs at the project. In fact, Pretium has a total 100,000-metre…

Construction at CGA Mining's Masbate gold mine in the Philippines in 2008. Photo by John Cumming

B2Gold aims to grow via CGA bid

Gold miner B2Gold (BTO-T) looks to be banking on its proven ability to operate in difficult locales, as it moves forward with a US$1.1-billion, all-stock friendly bid for Australia’s CGA Mining (CGA-T, CGX-A), and its Masbate gold mine in…

Blackwater PEA drives New Gold higher

A preliminary economic assessment of New Gold’s (NGD-T) Blackwater gold project in central B.C., 112 km southwest of Vanderhoof, suggests it should generate robust economic returns, even at a gold price that is US$500 per oz. below where…

Cameco picks up BHP’s Yeelirrie in WA

It appears that Cameco(CCO-T, CCJ-N), Canada’s major uranium power, is viewing a downswing in uranium markets as an opportunity to diversify its project portfolio, and acquire another foothold in Australia.

Editorial: South Africa on the brink?

Post-apartheid South Africa has provided duelling optimists and pessimists with plenty of fodder to back up their long-standing positions. There have been unabashed triumphs — such as the country’s avoidance of Zimbabwe-style…

Exco Resources fights hostile takeover

Just two weeks after the board of Australian junior Exco Resources (ESX-A) rejected a hostile, all-cash takeover offer from one of its institutional shareholders, the explorer released an updated resource estimate for its Turpentine copper-gold…

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