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Market doldrums support ‘good times for streaming firms’ – Smallwood

Silver Wheaton president and CEO Randy Smallwood The current sideways-to-down market was providing good opportunities for the handful of precious metals streaming firms which were consistently turning a profit – albeit at lower margins – despite the continued doggedly low commodity price...
17th September 2014

Primero revises FY output, cost guidance

Precious metals miner Primero Mining now expects to produce between 220 000 and 240 000 gold-equivalent ounces at a cash cost per ounce of between $675 and $725 in 2014. This represented a modest drop in output and a modest increase in costs when...
16th September 2014

Kirkland Lake proposes changes to its board of directors

TSX- and Aim-listed Kirkland Lake Gold, an operating and exploration gold company with operations in Ontario, Canada, on Monday announced proposed changes to the company's board of directors. Barry Cooper, Jeffrey Parr and Barry Olson would be...
15th September 2014

High-purity alumina production plant, Canada Restricted

The first phase of building at Orbite’s 3 t/d high-purity alumina facility at Cap-Chat, in Quebec, has been completed.
12th September 2014

Ontario to create database of miners' health

The Ontario provincial government has revealed that it would develop a mining health database that would track incidents of illness and miners’ exposure to a number of carcinogenic substances to help prevent exposure to unsafe levels and assist...
10th September 2014

Orbite Aluminae completes first phase of HPA construction project

Canadian technology development company Orbite Aluminae on Wednesday reported that the first phase of building its 3 t/d high-purity alumina (HPA) facility at Cap-Chat, in Quebec, had been completed, placing the $105-million project on schedule to...
4th September 2014
Electra Mining

ThoroughTec’s differentiation leads expansion in new simulation markets

Not only are mines increasingly buying into advanced simulation, but more simulator cabs are being developed across a diverse range of original-equipment manufacturers (OEMs) to meet the demand for this type of training, aimed at improving safety...
29th August 2014

Ontario creates Ring of Fire Infrastructure Development Corporation

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

Higher nickel prices a boon for Panoramic

Nickel miner Panoramic Resources has narrowed its loss during the full year ended June, as the company increased its output to take advantage of higher nickel prices. During the 2014 financial year, Panoramic reported a net loss of A$9.3-million,...
28th August 2014

Canada’s Mines Ministers back enhanced payment transparency in sector

The Mining Association of Canada (MAC) and the Prospectors and Developers Association of Canada (PDAC) on Tuesday welcomed a joint announcement made by Canada's federal and provincial Mines Ministers, in which they lent their support to efforts to...
27th August 2014

Transition Metals consolidates Sudbury platinum prospect

Project generator Transition Metals on Monday reported that subsidiary Sudbury Platinum Corp (SPC) had consolidated its interest in the Aer-Kidd nickel/copper/platinum-group metals (PGMs) project, near Sudbury, in Ontario. SPC had completed a...
25th August 2014

Next generation of graphite producers to partake in transformed market

A wave of new graphite producers that have recently started or will start production in the coming years will participate in a significantly different market than that witnessed over the last several decades, as new technology is set to turn the...
22nd August 2014
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