United States

Equipment in the pit at Kinross Gold's Tasiast gold mine in Mauritania. Credit:  Kinross Gold

Kinross defers Tasiast mill expansion

Kinross Gold (TSX: K; NYSE: KGC) has put its US$1.6-billion Tasiast mill expansion project on hold to keep its balance sheet intact in the current low gold price environment, with at least one analyst thinking the firm is considering other…



Rocks travel on a conveyor at Coeur Mining's mill at its Kensington gold mine in Alaska. Credit: Coeur Mining

Coeur takes US$1B writedown in 2014

Coeur Mining (TSX: CDM; NYSE: CDE), the largest U.S.-based silver producer, reported a wider net loss for 2014 as it took a US$1-billion after-tax writedown in the fourth quarter, following weaker silver and gold prices.


A conveyor moves ore out of the crusher at Hudbay Minerals' new Constancia copper mine in southern Peru. Credit: Hudbay Minerals

Hudbay looks forward to big returns on investment in 2015

VANCOUVER — According to Hudbay Minerals (TSX: HBM; NYSE: HBM) president and CEO David Garofalo the past year marked a “turning point” for the company that will see roughly five years of expansion and capital investment…



Facilities at Whitehaven Coal's Narrabri thermal coal mine in New South Wales, Australia. Credit: Whitehaven Coal

Contrarian investor Anglo Pacific picks up coal royalty

Anglo Pacific Group (TSX: APY; LSE: APF) is forking over US$60 million in cash and US$5 million in shares for a royalty on Whitehaven Coal’s (US-OTC: WHITF; ASX: WHC) Narrabri thermal coal mine in Australia at a time when the price of…







Mining personnel exit Klondex Mines' Fire Creek gold mine in Nevada. Credit: Klondex Mines

Klondex Gold’s Paul Huet ‘is all in’

With two producing underground mines in Nevada, plans to spend $33 million on exploration and development in 2015, and a goal of growing production to between 150,000 and 200,000 equivalent oz. gold by 2016, one could argue that Klondex Mines…


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