The share price of Vancouver-based Turquoise Hill tanked to a new one-year low on the TSX and NYSE exchanges on Tuesday, following news of a cost overrun and delays at its major mine project in Mongolia.
The stock closed 43% down at C$0.79 a share in …
Oyu Tolgoi troubles hit Turquoise Hill share price Read More »
London-listed uranium fund Yellow Cake said on Monday that activity in the uranium market should pick up in the near term, following US President Donald Trump’s decision at the weekend to steer clear from imposing import tariffs on uranium.
The Sectio…
Yellow Cake expects market activity to return to ‘more normal’ levels Read More »
London-listed uranium fund Yellow Cake said on Monday that activity in the uranium market should pick up in the near term, following US President Donald Trump’s decision at the weekend to steer clear from imposing import tariffs on uranium.
The Sectio…
Uranium market activity seen returning to ‘more normal’ levels Read More »
US President Donald Trump’s decision to back away from implementing new trade restrictions on uranium imports into the US has won praise from Canadian and Australian producers, which argue that the uranium they supply is not a threat to US national sec…
Canadian, Australian miners cheer Trump’s uranium import decision Read More »
While the outlook for the US coal industry over the next 12 to 18 months is stable, fading utility demand in the 2020-to-2030 decade will drive the ongoing contraction of the domestic coal industry, presenting a significant challenge for US coal miners…
Fading US utility demand for coal to hit Powder River Basin hardest Read More »
British mining company Cornish Lithium has turned to crowdfunding to raise £1-million for drilling at its lithium project in Cornwall, south-west England, further advancing its strategy of opening a domestic source of the strategic mineral.
This is th…
Cornish Lithium gets crowdfunding behind Cornwall project Read More »
The acquisition of mines in Africa through a merger with Randgold Resources early this year, has raised the overall risk of Toronto-headquartered Barrick Gold’s mining portfolio, but analysts at Fitch Solutions believe that South African geologist Mark…
Africa adds risk to Barrick portfolio, but Bristow is positive – Fitch Read More »
The expansion of the Proyecto Riotinto mine to 15-million tonnes a year is about to be finalised, paving the way for the Spain-based copper operation to increase production to between 50 000 t/y and 55 000 t/y in 2020. Mechanical completion was expecte…
Mechanical completion of Proyecto Riotinto expansion ‘imminent’ Read More »
The board of Toronto-based miner Hudbay Minerals has initiated a search for a new CEO, following the resignation of Alan Hair, who has been with the company for more than 20 years.
The TSX-listed mining firm appointed Peter Kukielski, former Nevsun Re…
Hair resigns as Hudbay CEO, Kukielski to lead in interim Read More »
Canadian gold miner Yamana Gold on Wednesday reported strong preliminary second-quarter production results and updated its guidance for the year to reflect the completion of the sale of the Chapada mine, in Brazil, to Lundin Mining.
The company produc…
Yamana adjusts FY guidance, reports strong second-quarter production Read More »
