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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

Email: newsdesk@engineeringnews.co.za / henry@miningweekly.com

 

Paladin bides time as uranium market turnaround gets underway

29th August 2015 Dual-listed Paladin Energy has narrowed its 2015 after-tax net loss attributable to shareholders, saying it was optimistic about a long-awaited uranium market turnaround getting underway. For the 2015 financial year ended June 30, the Perth, Western Australia-based uranium producer reported a... 

Cerro Grande pares Q3 loss

28th August 2015 Chile-focused miner Cerro Grande Mining has slightly narrowed its third-quarter loss despite lower sales and prices being offset somewhat by lower costs. The Canadian firm reported a net loss before income taxes for the period ended June 30, of $1.42-million, compared with a loss of... 

New US law a boost for space exploration aspirations

28th August 2015 The US House of Representatives took a firm stance on commercial space exploration when it passed the Space Resources Exploration and Utilisation Act of 2015 (SPACE Act) in May, providing an opportunity for companies to get off the ground and embrace a new era of space pioneering. “I think that... 

Energizer’s graphite qualifies for next phase of supply chain testing

28th August 2015 Two independent third parties have successfully manufactured spherical graphite from project developer Energizer Resources’ Molo flake graphite concentrate, with initial test results indicating that it has met all specifications and quality requirements for battery anode material production.... 

PDAC welcomes consultation draft to reform Canada’s fragmented capital markets

28th August 2015 The Prospectors and Developers Association of Canada (PDAC) has applauded the release of a revised consultation draft of the Capital Markets Act (CMA) and initial regulations for consultation, labelling it a key milestone in the transition to a cooperative capital markets regulatory system.... 

New US law a boost for space exploration aspirations

28th August 2015 The US House of Representatives took a firm pro stance in the advance to commercial space exploration when it passed the Space Resources Exploration and Utilisation Act of 2015 (SPACE Act) in May, providing an opportunity for companies to get off the ground and embrace a new era of space... 

Freeport-McMoRan again chops 2016 budget, to cut 10% of US jobs

27th August 2015 US-diversified miner Freeport-McMoRan (FCX) on Thursday again laid into its 2016 capital plans, advising that falling copper prices and lower US production levels would result in about 10% of its US jobs being terminated. The Phoenix, Arizona-based miner trimmed its mining budget by 25%, or... 

Goldcorp, Teck to combine Chile projects into massive 50/50 JV

27th August 2015 Gold major Goldcorp and Canadian diversified miner Teck Resources will combine their El Morro and Relincho projects, in Chile, to leverage increased financial returns and dramatically reduce capital expenditure. The miners announced on Thursday that both companies would contribute their separate... 

Fortune Minerals sells remaining Hemlo equipment for $415 000

26th August 2015 Project developer Fortune Minerals has replenished its coffers through the sale of the remaining equipment it salvaged from the Golden Giant mine, at Hemlo, in Ontario. While the equipment was originally meant for use at the proposed Nico gold/cobalt/bismuth/copper development, in the Northwest... 

Titanium industry weakness to endure amid added supply, slow demand

26th August 2015 Titanium dioxide producers would see their earnings under pressure at least into 2016, as the industry continued to weaken in the near term amid price pressures associated with increased supply and sluggish demand growth, ratings agency Moody’s Investors Service said on Wednesday. In it's report... 

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