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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
 
 
GOLD

Phosphate Australia divests WA gold asset

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Junior Phosphate Australia has sold its Tuckanarra gold project, in Western Australia, to Canadian miner Monument Mining for A$3.9-milllion. The transaction would include a A$2-million cash payment and 10-million shares in Monument Mining, valued...
29th August 2014
 
 
AFRICA-AUSTRALIA

Opportunities beckon in Africa but Oz firms face stiff competition

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Australian resources firms that were hoping to exploit African minerals would have to address challenges associated with building sustainable opportunities if they were to deepen market penetration on the continent, and to strengthen their...
29th August 2014
 
 
RING OF FIRE

Ontario creates Ring of Fire Infrastructure Development Corporation

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Minister of Northern Development and Mines Michael Gravelle The Ontario government on Thursday announced that it had established the Ring of Fire (RoF) Infrastructure Development Corporation, first mooted in November last year. The provincial government said the not-for-profit corporation’s headquarters...
28th August 2014
 
 
LISTING REINSTATED

Besra’s ASX listing reinstated

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Vietnam-focused gold miner Besra’s listing on the ASX resumed trading on Thursday after the company paid its yearly listing dues. TSX-listed Besra missed the Friday deadline to pay its listing fees, resulting in its stock being immediately...
28th August 2014
 
 
DIAMONDS

Junior explorers partner to look for precious gems in NWT district

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Two TSX-V-listed diamond explorers on Thursday reported that they had formed a partnership to look for diamonds in a promising area of the Northwest Territories. Canterra Minerals – which had been involved in the discovery of two of Canada's four...
28th August 2014
 
 
URANIUM

Paladin Energy narrows full-year loss despite lower prices

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Australian uranium producer Paladin Energy on Thursday reported a 20% narrower net loss of $338.4-million, or $0.34 a share, for the financial year ended June 30, as sliding uranium prices impacted revenues. The Perth, Australia-based company...
28th August 2014
 
 
 
 
 
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