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COAL

Teck to cut 600 from workforce, coal margins at decade lows

Diversified Canadian miner Teck Resources on Tuesday announced that it would reduce its global workforce by 5%, or 600 workers, as it sought to cut costs amid sagging profit and low commodity prices. For the three months ended March 31, the net...
22nd April 2014
 
What's On

International

What’s On provides you with information about conferences, exhibitions, seminars, training courses and other events pertaining to general industry and the mining sector. To include information about an upcoming event, e-mail...
18th April 2014
 
MINING MARIJUANA

‘Zombie’ juniors betting high hopes on medical marijuana

Failing resource juniors look to medical marijuana for a life line. During the last several months a group of entrepreneurial junior mineral explorers have floated the idea of broaching the fledgling medical marijuana industries of Canada and the US, keeping some of their penny stocks afloat amidst a moribund...
17th April 2014
 
SKILLS DEVELOPMENT

Goldcorp donates $300k for new mineral resource engineering professorship

Vancouver-based gold producer Goldcorp has donated $300 000 to Dalhousie University’s Mineral Resource Engineering programme to establish a new professorship that would increase teaching capacity, expand programme breadth and provide more...
16th April 2014
 
SILVER

Fortuna Silver lifts Q1 output to record high

The TSX-listed stock of Fortuna Silver Mines on Monday rallied after the company reported record output from its two operations located in Mexico and Peru. For the first three months of 2014, the Vancouver-based company, which owns the San Jose...
15th April 2014
 
What's On

International

What’s On provides you with information about conferences, exhibitions, seminars, training courses and other events pertaining to general industry and the mining sector. To include information about an upcoming event, e-mail...
11th April 2014
 
DIAMONDS

Lucara Diamond Corp completes another exceptional tender

Lucara Diamond Corp, which produces high-value precious gems from its flagship Boteti Karowe diamond mine, in Botswana, on Thursday held its first exceptional stone tender of the year, which garnered gross proceeds of $50.47-million. The TSX- and...
10th April 2014
 
HOSTILE BID

Osisko CEO says likely Goldcorp will walk away from deal

The CEO of Osisko Mining said on Tuesday it will be tough for Goldcorp to raise its bid for Osisko by enough to trump a rival deal, and it is more likely that the gold producer will walk away from the transaction. Sean Roosen said Goldcorp had...
8th April 2014
 
MINE SAFETY

Endeavour Silver reports second miner killed at Mexico operations

NYSE- and TSX-listed Endeavour Silver Corp on Monday reported that a miner had died at its El Cubo mine, in Guanajuato state, Mexico, just more than a week after a worker died at its Porvenir Cuatro mine, part of the Guanacevi mine operations in...
7th April 2014
 
BASE METALS

Taseko reports rising output at BC mine

Base metals producer Taseko on Friday reported that it had lifted copper output at its Gibraltar mine, in British Columbia, by 49% to 34.5-million pounds and molybdenum output by 59% to 566 000 lb since the first quarter 2013. During the three...
4th April 2014
 
GLOBAL MINING TRENDS

Mining majors prioritising value over volume as profits, valuations sag

Bruised and battered, the global mining industry today is undergoing a sea change. Practices and policies that might have worked wonders in the past are not as relevant today, and new approaches to running profitable mining operations need to be...
4th April 2014
 
What's On

International

What’s On provides you with information about conferences, exhibitions, seminars, training courses and other events pertaining to general industry and the mining sector. To include information about an upcoming event, e-mail...
4th April 2014
 
 
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