Canada’s largest uranium miner, Cameco, has cautioned against investing in new uranium mines, saying that “even the promise” of new supply could create a headwind and put downward pressure on uranium prices.
The Saskatoon-headquartered company, which …
Uranium market improvements not enough to warrant new supply – Cameco Read More »
TSX-V-listed Cornerstone has told its potential suitor that it will not be successful in a takeover of the company, after LSE- and TSX-listed explorer SolGold on Friday announced for the second time its intention to make an offer for Cornerstone.
SolG…
Cornerstone tells SolGold that its proposed offer will not succeed Read More »
The shareholders of development stage company Yellowhead Mining have approved a takeover by base metals miner Taseko Minerals, giving the larger company full ownership of the Harper Creek copper/gold/silver project, in British Columbia. The acquisition…
Green light for Taseko’s BC copper project buy Read More »
US iron-ore miner Cleveland-Cliffs posted net income of $1.1-billion in 2018, eclipsing the previous year’s income of $363-million, on the back of an increase in revenue.
Revenue jumped to $2.3-billion, from the prior year’s $1.9-billion, while cost o…
Cliffs upbeat about 2019 as 2018 net income hits $1.1bn Read More »
Two Brazilian towns near iron-ore tailings dams in Minas Gerais state were evacuated on Friday as a precautionary measure while inspections of the structures were under way.
Vale, which is reeling from a deadly dam wall burst last month, said that the…
ArcelorMittal, Vale dam inspections trigger evacuations Read More »
Australian company SolGold on Friday expressed its frustration at the rejection of its planned bid for Canadian firm Cornerstone – a company that holds 15% of the Cascabel copper/gold project in Ecuador.
Cornerstone rejected the intended offer meant to…
SolGold disappointed by Cornerstone’s quick snub Read More »
Canadian iron-ore developer Black Iron says high-grade iron-ore pellet product should sell at a premium for the next few years, resulting in attractive project economics for its planned Shymanivske project, in the Ukraine.
A deadly dam burst in Brazil…
Flying iron-ore prices to boost Black Iron’s project economics Read More »
Disaster-hit Vale has announced a R$1.5-billion (about $390-million) investment in the implementation of dry stacking technology, as the company moves to reduce its reliance on tailings dams.
By 2023, Vale will rely on dry processing for 70% of its pr…
Vale moves to reduce reliance on tailings dams Read More »
Following a challenging year for silver, reflected in the muted price performance of 2018, the Silver Institute expects 2019 to be a better year for the metal and that prices will regain some shine.
The Washington-based nonprofit industry association …
Institute forecasts better year for silver Read More »
Despite promises to revive the US coal mining industry, analysts are saying that the country’s policy actions are not enough to reverse the trend of declining coal demand from the power generation industry.
In 2018, US coal production fell to 755-mill…
Rising US coal exports fail to stem domestic decline Read More »
