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Most Popular Articles - Americas
 
GOLD

Absolute change needed to mine Wits basin’s stranded 1.1bn gold ounces

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Shaun Newberry and Martin Creamer South Africa’s Witwatersrand basin contains another 1.3-billion ounces of gold, almost as much gold as has been mined there since 1886 – but miners can only get to another 200-million ounces of it using today’s mining methods. If the industry...
27th August 2014
 
 
URANIUM

Cameco to shutdown McArthur mine and Key Lake mill ahead of strike

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Canadian uranium producer Cameco on Wednesday announced that it would shut down operations at its McArthur mine and Key Lake mill in Saskatchewan’s Athabasca basin, after receiving a strike notice from the local United Steelworkers union. The...
27th August 2014
 
 
LITHIUM

Nemaska Lithium core patent applications published

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Quebec-based lithium project developer Nemaska Lithium on Wednesday reported that its  two core patents for its proprietary methods to produce lithium hydroxide and lithium carbonate were published as part of the review process under the Patent...
27th August 2014
 
 
DEBT REPROFILING

MBAC extends debt maturity dates, secures $18.2-million working capital

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Brazil-focused fertiliser producer MBAC Fertilizer made strides in addressing its liquidity position after successfully reprofiling its debt obligations and securing an $18.2-million working capital loan. The TSX-listed company had been...
27th August 2014
 
 
EXPLORATION

Fortuna Silver significantly lifts San Jose resources

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TSX- and NYSE-listed Fortuna Silver Mines on Wednesday reported a 42% rise in the contained silver and a 29% rise in the number of gold ounces contained in the measured and indicated categories at its San Jose mine, in Mexico. The South...
27th August 2014
 
 
EXPLORATION

Endeavour Silver continues to follow Terronera high-grade vein

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TSX- and NYSE-listed Endeavour Silver on Wednesday announced that exploration drilling continued to intersect high-grade silver/gold mineralisation in the Terronera vein system at the San Sebastián project, in Jalisco state, Mexico. The...
27th August 2014
 
 
GOLD

Karouni impairment brings down Troy results

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A $61.2-million asset impairment charge on the Karouni gold project, in Guyana, has resulted in dual-listed Troy Resources reporting a net loss after tax of $59.1-million for the year ended June, compared with a net profit of $18.6-million in the...
28th August 2014
 
 
CORPORATE ACTIVITY

Sandfire buys major stake in Canadian miner

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Copper-gold miner Sandfire Resources has acquired a 36% stake in TSX-listed copper developer Tintina Resources by investing some C$16-million. Sandfire on Thursday told shareholders that it had subscribed for 80-million shares in the Canadian...
28th August 2014
 
 
 
 
 
 
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