Volume 98 Number 49 Jan 21 - 27, 2013

The headframe and surface facilities at Metanor Resources' Bachelor Lake gold mine, 225 km northeast of Val-d'Or, Que. Photo by Anthony Vaccaro

Metanor finds the sweet spot

Make a wrong turn while driving along the streets of one of Canada’s great mining towns, and you may feel like you’ve gone through a portal into the past. 

Alamos goes hostile on Aurizon

After pursuing Quebec-focused Aurizon Mines (ARZ-T, AZK-X) for years, Alamos Gold (AGI-T) has finally gone hostile, announcing a $780-million, cash-and-share bid for the junior gold miner.

Commentary: Is iron ore rally overdone?

Spot prices for iron ore fines delivered to China touched a three-year low of US$87 per tonne in September 2012, before rebounding to US$119 per tonne in December and to the US$158- to US$160-per-tonne level of recent days. The question is:…

Market news: U.S. Markets

U.S. equities remained resilient in the wake of the Jan. 2 settlement of the fiscal cliff debate, but the rally slowed slightly ahead of earnings season. The Dow Jones Industrial Average gained 0.4% to close at 13,488.43, while the S&P 500…


In the article “First Majestic buying Orko Silver for La Preciosa” (TNM, Dec. 26/12), there was an error in the silver grade for the La Preciosa resource estimate. It was quoted as 1.04 grams silver per tonne but should have read…

A core sample from Alderon Iron Ore's Kami project in western Labrador. Source: Alderon Iron Ore

Alderon on track for iron ore production at Kami

Vancouver-based Alderon Iron Ore (ADV-T, AXX-X) has passed another milestone in a quest to put its Kamistiatusset (Kami) iron ore project in western Labrador into production by the end of 2015. On Jan. 9, the company announced the results of a…

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