R/€ = 16.10 Change: -0.05
R/$ = 14.35 Change: -0.15
Au 1317.20 $/oz Change: -9.33
Pt 1072.50 $/oz Change: -3.00

Henry Lazenby

Henry Lazenby

Henry Lazenby is Creamer Media Deputy Editor: North America for Mining Weekly.

Tel: +27 11 622 3744 / +1 647 352 1305

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International Frontier formalises partnership with Mexican govt over Tecolutla JV

27th August 2016 TSX-V-listed International Frontier Resources (IFR) announced Friday that Tonalli Energia met all the terms and conditions and signed a license contract with the Mexico Comision Nacional de Hidrocarburos (CNH) for the Onshore Oil and Gas Development Block 24 (Tecolutla), granting Tonalli the... 

Goldsource stock stumbles on revised lower guidance

27th August 2016 VANCOUVER ( – The TSX-V-listed stock of junior gold producer Goldsource Mines on Friday fell as much as 20% after the company revised lower its full-year guidance, citing weather related issues, a delay in the shipment of a 40-t truck to site and low grade ore. The... 

Wealth Minerals aggressively advances Chile lithium asset acquisitions

26th August 2016 The Vancouver- and Santiago-based teams of junior explorer Wealth Minerals has since February put together the largest brine property package in Chile of any junior mining company in the hopes of capitalising on the rising tide of the energy metal. On Wealth’s team is Marcelo Awad, a former... 

Vale ordered to pay C$30 000 for 2013 Voisey’s spill

26th August 2016 A Vale subsidiary has been ordered to pay C$30 000 in penalties for a 2013 incident, where untreated and acutely lethal effluent was discharged from the Voisey’s Bay nickel mine, in Newfoundland and Labrador, into the Anaktalak Bay. The St Johns provincial court ordered Vale Newfoundland and... 

Kinross suspends Chile mine ops, lays off 300 workers

26th August 2016 Canadian miner Kinross Gold has laid off about 300 workers at its Maricunga mine, in Chile, after it was forced to suspend operations earlier than planned owing to a court ruling upholding a local regulator’s resolution to close the mine’s water pumping wells. Kinross previously stated that it... 

Noront expands RoF land-holdings, outlines exploration and development strategies

26th August 2016 Northern Ontario-focused project developer Noront Resources has increased its position as the dominant land-holder in the prospective Ring of Fire (RoF) mining camp after closing the acquisition of 75% of MacDonald Mines’ claims in the region, the company said this week. Through the transaction,... 

Ivanhoe expands Kakula mineralisation as Kamoa construction gathers pace

25th August 2016 Africa-focused explorer and project developer Ivanhoe Mines has reported further intercepts of greater than 10% copper, at a 3% cut-off, highlighting the high-grade nature of the thick, flat-lying, shallow, chalcocite-rich core of the Kakula Discovery zone, near the Kamoa copper project in the... 

Anglo Pacific reports strong interim results as royalty income rises

25th August 2016 Royalty streaming firm Anglo Pacific Group has reported strong results for the first half of 2016, more than doubling free cash flow and narrowing its net loss, which was helped by a weaker pound and higher royalty income. For the interim period ended June 30, the London, UK-based firm reported a... 

Paladin narrows FY net loss, to lower output amid low price environment

25th August 2016 Falling uranium prices are forcing dual-listed uranium miner Paladin Energy to cut back production even further. The TSX- and ASX-listed miner on Wednesday announced that it was working on a proposed plan to reduce mining and mill throughput at the Langer Heinrich Mine (LHM), in Namibia, with... 

Fission finds more uranium to the west of PLS’s Triple R deposit

25th August 2016 Explorer Fission Uranium has found uranium pathfinder elements and strong radioactivity in two new drill holes completed to the west of the western-most deposit at the Patterson Lake South (PLS) project, in Canada’s Athabasca basin. The Kelowna, British Columbia-based junior on Wednesday... 

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