Volume 98 Number 48 Jan 14 - 20, 2013

Cline keeps its head above water

Six months after Toronto-based Cline Mining (CMK-T) suspended operations at its wholly owned New Elk metallurgical coal mine outside of Trinidad, Colo., the company is still searching for answers.

Market news: U.S. Markets

The benchmark S&P 500 Index reached its highest close since December 2007 during the holiday-shortened trading week, which saw politicians strike a deal to avert the fiscal cliff, while data from the Institute for Supply Management…

Processing facilities under construction at Santacruz Silver's Rosario silver-gold-zinc-lead project,184 km north of San Luis Potosi city in central Mexico. Source: Santacruz Silver

Santacruz Silver on the fast track

For Mexico-focused Santacruz Silver Mining (SCZ-V), 2013 could be the year that well-planted seeds take root and grow. The Vancouver-based company is working on a trio of advanced-stage silver projects with the goal of achieving inaugural…

Drill roads on Mount LaCasse at Copper Fox Minerals' Schaft Creek copper project in northwestern British Columbia. Source: Copper Fox Metals

Copper Fox falls on Schaft Creek feasibility

After four years of drilling, designing, consulting and number crunching, Copper Fox Metals (CUU-V) has produced a feasibility study for its planned Schaft Creek mine in B.C. that increases throughput by 30% compared to earlier plans, while…

Zamin Ferrous founder Pramod Agarwal.

Anglo American, Cliffs exit Amapa

Miners shed more non-core assets in the new year to help free-up capital, with Anglo American (AAL-L, AAUKY-Q) and Cliffs Natural Resources (CLF-N) selling their stakes in the Amapa iron ore operation in northern Brazil.

Barrick fails to sell African assets to CNG

Barrick Gold (ABX-T, ABX-N) has ended talks with China National Gold regarding the potential sale of its 74% interest in African Barrick Gold (ABG-L), putting off hopes that the major could distance itself from its…

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