Asia

Coal is still king in China

VANCOUVER — Shaanxi Coal Industry is preparing for its initial public offering (IPO) and expects to raise $1.6 billion by selling shares representing just 10% of the company. It’s a good reminder that coal is still big business in…



Senior project geologist Chad Sorba examines core samples at Denison Mines' Wheeler River uranium project in northern Saskatchewan's Athabasca basin. Credit: Denison Mines

Denison to drill 60,000 metres in 2014

While challenging market conditions are forcing many companies to axe their exploration budgets, Denison Mines (TSX: DML; NYSE-MKT: DNN) is pumping $15 million into a 60,000-metre drill program in the Athabasca basin in 2014, marking one of its…


OceanaGold posts strong finish in 2013

OceanaGold (TSX: OGC; US-OTC: OGDCF; ASX: OGC) exceeded its gold and copper production guidance for 2013 at lower than planned costs, while slashing debt by US$45 million in the fourth quarter, the company reports.



The processing plant at OceanaGold's Didipio copper-gold mine on Luzon Island in the Philippines. Credit: OceanaGold

OceanaGold sees a strong 2014 at Didipio

OceanaGold (TSX: OGC; US-OTC: OGDCF; ASX: OGC) has reduced the mine life for its Macraes gold mine in New Zealand, but expects a strong production year at its new Didipio copper–gold mine in the Philippines, leaving many investors…



Besra pushes to production in Malaysia

VANCOUVER — Besra Gold (TSX: BEZ) is laying the groundwork for its third gold mine with a feasibility study for a first stage of development at its Bau project in East Malaysia.



Silvercorp short-seller calls BCSC allegations false

Vancouver hedge-fund executive and owner of the Alfred Little financial blog, Jon Richard Carnes, has lashed out at the British Columbia Securities Commission after it accused him of fraud, calling the allegations “false and without…




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