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COPPER: First Quantum cuts costs at Cobre Panama development

Source: Daily News | 2015-10-06
TORONTO – Weak metal prices are causing another copper producer to tighten its purse strings. First Quantum Minerals says its focus will continue to be on profitability and cash flow from its mining operations.

Ana Paula is 'great downside insurance,' says Timmins CEO

Source: Daily News | 2015-10-05
VANCOUVER — Timmins Gold (TSX: TMM; NYSE-MKT: TGD) is one step closer to production its high grade Ana Paula gold project in Guerrero, Mexico, following an opportune deal with Goldcorp (TSX: G; NYSE: GG) for a mill and...

Royal Nickel's Dumont nickel project has world scale potential

Source: Print Archives | 2015-10-01
Mark Selby, president and chief executive officer of Toronto-based Royal Nickel Corp., expects to be doing lots of travelling, and even more talking, this fall because he will be knocking on doors at major global trading houses and stainless...

GEMSTONES: True North pours concrete for processing plant

Source: Daily News | 2015-09-30
GREENLAND – Vancouver-based True North Gems has begun pouring the concrete for the mineral processing plant at the Aappaluttoq ruby and pink sapphire project in the Fiskenaesset region. The floor has been poured and the wall and ceiling...

COPPER-GOLD: Nautilus marks start of construction of deep sea support vessel

Source: Daily News | 2015-09-29
TORONTO – Nautilus Minerals has finally reached a major milestone in its quest to become the world’s first commercial deep sea mining company. On Friday, Sept. 25, the first steel was cut, marking the beginning on construction of...

GOLD: QMX updates activity at Lac Herbin

Source: Daily News | 2015-09-29
QUEBEC – Toronto-based QMX Gold Corp. may have suspended production at the Lac Herbin gold mine near Val d’Or, but the company remains very active there. It is taking this time to focus exploration on new discoveries and potential...

DIAMONDS: Stornoway updates resources at Renard project

Source: Daily News | 2015-09-24
QUEBEC – Stornoway Diamond Corp. of Montreal has released an update of the Renard diamond project mineral resource estimate. The project is located 350 km north of Chibougamau in the James Bay region.

OIL SANDS: Total E&P sells part of Fort Hills interest to Suncor

Source: Daily News | 2015-09-21
ALBERTA – Total E&P, an arm of the French petroleum producer, has agreed to sell a 10% working interest in the Fort Hills oil sands project to Suncor Energy of Calgary for a reported $310 million. The $15-billion project 90 km north...

LEAD-ZINC: Canadian Zinc ups resource tonnage at Prairie Creek

Source: Daily News | 2015-09-17
NORTHWEST TERRITORIES - Vancouver-based Canadian Zinc Corp. has increased the resource tonnages by 32% at its Prairie Creek lead-zinc-silver mine 200 km west of Fort Simpson.

GOLD: Pretium secures $540M for Brucejack development

Source: Daily News | 2015-09-16
BRITISH COLUMBIA – Pretium Resources of Vancouver has secured a US$540-million construction finance package for the Brucejack gold development 65 km north of Stewart. Orion Mine Finance and Blackstone Tactical Opportunities will make...

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