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North America
 
IRON-ORE

Push to flood iron-ore market crushes smaller suppliers

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A faster-than-expected increase in iron-ore production by the world's biggest miners in Australia and Brazil this year is pushing less efficient smaller suppliers of the steel-making raw material to the edge. From Europe to Australia to the...
29th July 2014
 
 
ENVIRONMENT

Romarco expects final record of decision in November

0 COMMENTS
President and CEO Diane Garrett Project developer Romarco Minerals on Monday said that following the Thursday posting of the final environmental impact statement for the Haile gold project, in South Carolina, on the US Army Corps of Engineers website, the Corps had now informed...
29th July 2014
 
 
URANIUM

Despite tough market, Paladin sales beat expectations

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TORONTO (miningweekly.com) – ASX- and TSX-listed uranium producer Paladin Energy on Monday reported strong full-year 2014 and fourth-quarter output, meeting its guidance. Paladin, which produces yellow cake from operations in Africa, reported...
28th July 2014
 
 
PROJECT DEVELOPMENT

Troy Resources to fast-track production at openpit-only Guyana project

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TORONTO (miningweekly.com) – ASX- and TSX-listed Gold producer Troy Resources on Monday reported positive results from an updated prefeasibility study considering only an openpit mining scenario for its Smarts and Hicks Deposits at its...
28th July 2014
 
 
PROJECT DEVELOPMENT

Ivanhoe starts Kamoa construction

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Africa-focused project developer Ivanhoe Mines last week said it had started construction on the box cut for the initial portal to planned decline ramps that will provide underground access to the proposed Kamoa copper mine, in the Democratic...
28th July 2014
 
 
OIL & GAS

LNG buys Canada project from Anadarko subsidiary

0 COMMENTS
ASX-listed Liquefied Natural Gas (LNG) would spend $11-million to acquire the Bear Head LNG project, in Canada, from a subsidiary of Anadarko Petroleum Corporation. The Bear Head project includes 225 acres comprising industrial-zoned land and...
28th July 2014
 
 
COPPER EXPORTS

Freeport set to resume Indonesian copper exports

0 COMMENTS
Freeport-McMoRan clinched a deal with the Indonesian government on Friday allowing the miner to resume copper concentrate exports from the country, effectively ending a six-month tax dispute and paving the way for more miners to follow suit....
25th July 2014
 
 
IMPORT DUTIES

US sets duties on ferrosilicon from Venezuela, not Russia

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The US Department of Commerce on Friday confirmed final import duties on ferrosilicon from Venezuela and found no dumping of products from Russia, upholding an earlier decision. Final dumping margins on ferrosilicon, used as an alloying agent in...
25th July 2014
 
 
DRILLING SERVICES

Major Drilling expands services underground

0 COMMENTS
Canadian drilling equipment and services provider Major Drilling this week announced its entry into the underground percussive/long-hole drilling sector with an agreement to buy Taurus Drilling Services for C$27.7-million. The Moncton, New...
25th July 2014
 
 
PROJECT FINANCING

Osisko Gold Royalties buys into NioGold for C$4.9m

0 COMMENTS
The TSX-V-listed stock of junior exploration firm NioGold Mining on Friday soared by as much as two-thirds after announcing a C$4.9-million private-placement financing with Osisko Gold Royalties. Vancouver-based NioGold said Osisko would buy...
25th July 2014
 
 
COMPANY REORGANISATION

Veris Gold granted provisional relief in the US

0 COMMENTS
Gold producer Veris Gold was this week granted provisional relief under Section 1519 of the US Bankruptcy Code. As of  Wednesday, the ruling recognised the Canadian proceeding of the Companies' Creditors Arrangement Act (CCAA) and, as a result,...
25th July 2014
 
 
SILVER

Fortune Minerals reports attractive metrics for Colorado silver mine

0 COMMENTS
TSX-listed Fortune Minerals this week reported attractive financial indicators resulting from a preliminary economic assessment (PEA) undertaken on its recently acquired Revenue silver mine, in south-west Colorado. The London, Ontario-based...
25th July 2014
 
 
 
 
 
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