Henry Lazenby

Northland halts operations after creditors block bank accounts

Scandinavia-focused iron-ore project developer Northland Resources on Friday stopped all its operations after its financing problems were not resolved and its creditors moved to block its bank accounts. “As a consequence Northland lacks the...

Agnico Eagle adds to its portfolio of strategic investments

Gold miner Agnico Eagle Mines on Friday announced another strategic investment in a junior company, this time paying $11.25-million for 7.5-million share units of explorer Probe Mines. Agnico Eagle bought the units from Cormark Securities at $1.50...

Verde Potash stocks jump on finance executive’s board appointment

The Toronto-listed stock of Verde Potash, which is developing the Cerrado Verde project, located in the heart of Brazil’s largest agriculture market, the ‘Cerrado’, in the state of Minas Gerais, on Friday rose more than 24% on news that the...

Rockwell posts Q4 loss as impairments impact on performance

JSE- and TSX-listed Rockwell Diamonds posted a fourth-quarter loss of C$3.6-million, owing to its having taken decisive action at its loss-making operations to bring about a corporate turnaround, which resulted in impairments totalling...

Brigus Gold temporarily suspends milling due to water

Abnormally heavy rainfall and the melting of the remaining snowpack have caused water levels in the holding facility and water management facilities at gold producer Brigus Gold’s Black Fox mill to be higher than recommended, forcing the company...

Belo Sun reports positive metallurgic results for third Brazilian deposit

Canadian explorer Belo Sun Mining on Thursday said it had received positive results from preliminary metallurgical leach test work on samples from the South Block deposit of its Volta Grande gold project, located in Brazil’s Para state. The...

Primero completes Cerro takeover

Canadian gold and silver producer Primero Mining this week finalised its takeover of Brisbane-based Cerro Resources for about C$119-million, giving the Joseph Conway-led company access to a highly prospective gold project, as well as other assets,...

EMED completes TMF design for flagship Spanish project, timeline slips

Project developer EMED Mining, which is working to restart production at its flagship Rio Tinto mine, in Spain’s Andalucia region, on Thursday said it had completed the design of the tailings management facility (TMF) after it was confirmed that...

Lucara’s first large-stone tender delivers ‘exceptional’ results

Southern Africa-focused diamond producer Lucara Diamond Corp on Wednesday said its first special tender of large and exceptional diamonds had fared exceptionally well, confirming the quality of diamonds mined from its flagship Karowe mine, in...

Metals and mining seen as Ontario’s ‘star performer’ this year

Metals and mining are expected to be Ontario’s “star performer” on the export stage this year, with the sector that makes up 34% of the province’s exports expected to grow by 15% in 2013. Export Development Canada's (EDC’s) ‘Global...