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North America
 
EXPLORATION

Talon Metals reports maiden resource at Tamarack project, MN

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TSX-listed Talon Metals on Tuesday reported a maiden resource estimate for its Tamarack nickel/copper/platinum project, located in Minnesota. British Virgin Islands-based Talon in June clinched an earn-in agreement with Kennecott Exploration, a...
2nd September 2014
 
 
IRON-ORE

Lacklustre Chinese demand drives iron-ore prices to 5yr low

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Benchmark iron-ore prices, which had fallen by more than a third since the start of the year, last week breached the $90/t level and this week continued to spiral lower to 86.2/t on Monday, as a supply glut faces reduced demand growth from the...
2nd September 2014
 
 
COPORATE ACTIVITY

Vale, Glencore break off talks over Canada nickel deal – sources

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Vale and Glencore have broken off talks over combining their nickel assets in Canada in a deal that could have produced over $1-billion in annual cost savings, sources close to the matter said. The discussions over linking the two companies'...
2nd September 2014
 
 
ENVIRONMENT

Grupo Mexico says Buenavista mine not affected by search of offices

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Grupo Mexico, a metals miner and railroad operator, said on Monday that operations at its Buenavista mine were not affected by a search of its offices late last week by the federal prosecutor's office, part of an investigation into a toxic spill....
2nd September 2014
 
 
INDONESIA EXPORTS

Newmont agrees tentative deal with Indonesia in export dispute

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Newmont Mining has reached a tentative agreement with the Indonesian government on contract renegotiations, the CEO of the firm's local unit said, as both sides moved closer to ending an eight-month tax dispute that halted copper exports....
2nd September 2014
 
 
IRON-ORE

Tsodilo defines 441Mt resource estimate at Botswana iron-ore play

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Toronto-listed Tsodilo Resources has defined a large inferred mineral resource estimate of 441-million tons with an average grade of 29.4% iron in Block 1 of its flagship Xaudum iron project, in north-west Botswana. The company believed this...
2nd September 2014
 
 
URANIUM

Quebec to hold public hearings on province’s uranium industry

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Quebec will start holding public inquiries on the province’s uranium industry next week in an effort to iron out the issues concerning the industry in the province, with the help of specialists and resource persons. Created by the Bureau...
29th August 2014
 
 
RENEWABLE ENERGY

Goldcorp reducing costs by embracing renewable energy

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Over the past 18 months, Goldcorp, based in Vancouver, has built the organisational infrastructure to manage its energy demands far more efficiently, explained corporate energy manager Flyn McCarthy. He discussed how Goldcorp measured energy...
29th August 2014
 
 
CORPORATE ACTIVITY

Osisko Gold Royalties ups stakes in two juniors

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Canadian explorer Osisko Gold Royalties on Friday announced that it had lifted its interest in gold explorer Niogold Mining and base metals explorer Falco Resources. The TSX-listed firm closed a C$4.9-million private-placement for 14-million...
29th August 2014
 
 
PHOTOVOLTAIC PLANT

Cronimet turns sod on large Namibian PV plant

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Mining and energy solutions firm Cronimet Mining Power Solutions officially broke ground and began its engineering, procurement and construction (EPC) contracting activities for a large Namibian photovoltaic (PV) power plant on August 18. The PV...
29th August 2014
 
 
LEGISLATIVE ENVIRONMENT

Mineral beneficiation, industrialisation key to development – Finance Minister

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Finance Minister Nhlanhla Nene The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nene told the Centre for Education In Economics and...
29th August 2014
 
 
COAL

Atrum completes consolidation in Canada

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Coal developer Atrum Coal has completed the final round of consolidation of coal licences in the Groundhog coal field, in British Columbia. The company on Friday reported the acquisition of an additional 12 granted coal licences and one coal...
29th August 2014
 
 
 
 
 
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