Volume 98 Number 34 Oct 8 - 14, 2012

The R65 kimberlite showing at Stornoway Diamonds' Renard diamond project in Quebec. Photo by Stornoway Diamonds

Stornoway navigates the road to production

Recent media reports have suggested Stornoway Diamonds’ (SWY-T) Renard diamond project in Quebec may face delays given that construction of the Route 167 extension from Chibougamau to the Otish Mountains is slightly behind plan, but the…


Crushing facilities at OceanaGold's Didipio copper-gold project on Luzon Island in the northern Philippines. Photo by OceanaGold

OceanaGold: What’s the dillio with Didipio?

After the financial crisis derailed the Didipio copper-gold project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…



The camp at Oceanic Iron Ore's Ungava Bay iron ore project in Quebec's Far North. Photo by Oceanic Iron Ore

Look out, here comes Oceanic Iron Ore

When Steven Dean stepped down in 2002 as president of Teck Cominco, now Teck Resources (TCK-T, TCK-N), his motivation was simple: he wanted to spend more time with his family after spending years on the road, a fact of life in the…



Buritica resource boosts Continental

Shares of Continental Gold (CNL-T) surged $1.09, or 12%, to $9.90 apiece, with more than 6 million shares changing hands on news of an updated resource estimate for the company’s Buritica project in Antioquia, Colombia.


Sulliden outlines a smaller project in Peru

While a feasibility study for ­Sulliden Gold’s (SUE-T) ­Shahuindo project in northern Peru envisions a somewhat smaller and slightly more expensive gold operation than previously thought, the project’s economics are…



Editorial: Iron ore market gets anemic

Unto everything there is a season; a time to hustle and sell off your vast, frozen iron ore assets in remote parts of the country to foreigners from the tropics, and a time to throttle back production at actual iron ore mines in Canada’s…



People

Afferro Mining — Ousmane Kane appointed a director.


Taseko Mines president and CEO Russell Hallbauer.

Taseko takes a second swing at New Prosperity

Nearly two years after its initial environmental assessment was rejected, Vancouver-based Taseko Mines (TKO-T, TGB-X) is stepping up to the plate for a second attempt at permitting its US$1.1-billion New Prosperity copper-gold project, 120 km…


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