Boart Longyear weathers downturn
When Richard O’Brien left his post as CEO of Newmont Mining (NYSE: NEM; TSX: NMC) in December 2012, after five years in the job and seven at the company, he wasn’t ready to “hang up his pick” just yet.
Canada
Pretium moves forward despite Strathcona’s exit
Shares of Pretium Resources (TSX: PVG; NYSE: PVG) plunged 30.5% on Oct. 9 after Strathcona Mineral Services withdrew from the high-grade Brucejack gold-silver project in northwestern B.C.
Commentary: Surveying the landscape of Ontario’s new mining regime
In Ontario, the new and amended regulations under the Mining Act described in our legal update in September 2012 have since come into force, and Ontario has developed four policies relating to Aboriginal consultation that further clarify the…
Alexco shares pop on Flame & Moth results
VANCOUVER — The first half of the year was rough for shareholders of Yukon-focused silver producer Alexco Resource (TSX: AXR; NYSE-MKT: AXU) and its underground Bellekeno mine, 50 km northeast of the town of Mayo.
Mt. Milligan produces first concentrate
VANCOUVER — Thompson Creek Metals’ (TSX: TCM; NYSE: TC) $1.5-billion investment is about to pay off: the Mount Milligan mine is now producing copper-gold concentrate.
Positive PEA for Colonial Coal’s Huguenot
VANCOUVER — The Huguenot project in northeastern B.C. could become a metallurgical coal operation, according to a preliminary economic assessment (PEA) from project owner Colonial Coal International (TSXV: CAD).
Fortune’s ability to develop Arctos remains in question
VANCOUVER — Finding a solution to an outstanding dispute with the Tahltan First Nation in northwestern B.C. isn’t a new task for Ontario-based Fortune Minerals (TSE: FT), but it is proving to be a serious barrier as the…
SEG conference explores the future of geoscience
WHISTLER, B.C. — More than ever it seems the mining industry is trying to achieve efficient exploration and development: making lower-cost, geologically economic discoveries, and advancing these deposits towards production.
Editorial: Brazilian peekaboo
Recent revelations by former National Security Agency contractor Edward Snowden and Brazil-based Guardian journalist Glenn Greenwald regarding widespread U.S. and allied cyberspying took a curious turn in early October, unexpectedly dragging…
Seabridge finds more high-grade core zones at KSM
VANCOUVER — Seabridge Gold’s (TSX: SEA; NYSE: SA) KSM project encompasses four deposits that contain 38 million oz. gold and 10 billion lb. copper. But mines for deposits that big are usually expensive to build and operate, and KSM…
Commentary: Quebec’s evolving mining regime
Quebec has been making further strides in updating its mining regime to reflect the province’s needs, realities and political priorities.
TSX Venture Exchange, Sept. 23-27
The S&P/TSX Venture Composite Index registered modest gains throughout the trading week, jumping 6.76 points before closing the week at 952.86.