CANADA

E&Y says 2009 ‘extraordinary' for mining with changes to resonate for years

Tuesday , 09 Mar 2010
Ernest & Young's Tom Whelan suggests Canadian mining's openness to foreign investment has put Canadian miners in a unique position on the international stage this year.

Chinese off-shore mining investment must be accompanied by domestic reform

Tuesday , 09 Mar 2010
As Chinese foreign mining investment has yet to truly gather momentum, it needs to be simultaneously accompanied by domestic business reforms for the nation to truly become a major player in the sector.

Shares in Quadra Mining jump on JV with Chinese utility

Monday , 08 Mar 2010
The group has formed the joint venture with China's largest utility company to help expand its Chilean operations

Canadian gold and copper juniors to outpace the pack in 2010

Monday , 08 Mar 2010
And, according to Canaccord Adams analyst Wendell Zerb, more M&A is likely as equity markets return to normal

HPAL process crucial to future nickel market development

Monday , 08 Mar 2010
With a plethora of new nickel projects scheduled to come on line in the next three years, T.D. Newcrest's Greg Barnes said the HPAL process will be critical to the future mining of nickel laterite deposits.

MEG study finds '09 exploration budgets suffered steepest decline

Monday , 08 Mar 2010
A Metals Economic Group study has determined gold has regained its standing as the top exploration target.

As farming returns to health, long-term potash demand looking good

Monday , 08 Mar 2010
T.D. Newcrest's Paul D'Amico suggests investors seeking to gauge the future of potash markets should focus on global corn supplies.

New technology and multi-tasking for today's exploration drilling crews

Sunday , 07 Mar 2010
Drilling developments to minimize drill downtime utilizing adaptable equipment suitable for several roles.

Gold is the standard!

Saturday , 06 Mar 2010
Midas Letter publisher James West believes gold is the store of value everybody resorts to when times are rough. Interview with The Gold Report.

Canadian mining associations praise federal budget mining initiatives

Friday , 05 Mar 2010
Canada's Conservative government Thursday demonstrated its continued commitment to the nation's mining and exploration sector through several initiatives contained within the proposed federal budget.

Silver Wheaton anticipates 35% increase in attributable 2010 silver production

Friday , 05 Mar 2010
Silver Wheaton CEO Peter Barnes says 2009 was a "transformational year" for the company as the groundwork was laid for continued strong organic growth well into the future.

Gold good and silver due a big bounce - Brien Lundin

Thursday , 04 Mar 2010
The gold rally that began last fall and drove the yellow metal through $1,200 doesn't seem to be panning out the way the rallies of 2005 and 2007 did says Brien Lundin. He hasn't lost hope but, he is a bit worries about this runs' breakout. Interview with The Gold Report

HudBay 4Q09 earnings hit by lower copper output, suspension of operations

Thursday , 04 Mar 2010
HudBay's proposed takeover of Lundin was terminated, causing its board of directors and CEO to resign last year. Nevertheless, HudBay reported a $39.4 million increase in earnings in 2009.

Osisko Mining says mining equipment costs, particularly tires coming down

Thursday , 04 Mar 2010
The group said prices on items like oversized truck tires have come down from boom prices and suggested that miners who have planned costs based on 2007-08 prices could be in for savings

Quadra Mining in talks to sell half of Sierra Gorda

Wednesday , 03 Mar 2010
The miner says the group aims to have a deal in place to sell half of the Chilean copper project by the middle of this year

Vale, union continue Sudbury talks this week

Wednesday , 03 Mar 2010
A development that suggests progess has been made in ending the seven-month stalemate

Minefinders shares rise on first-ever quarterly profit

Tuesday , 02 Mar 2010
The group says the numbers were helped by commercial production at its flagship Dolores mine

First Quantum looking to add to growing nickel base

Tuesday , 02 Mar 2010
The group says it currently sees plenty of available targets

Lundin Mining announces a return to profit

Friday , 26 Feb 2010
The group said Thursday it earned 6 US cents per share in the fourth quarter of 2009, boosted by rising metal prices

Vale, union to sit down together at Sudbury

Friday , 26 Feb 2010
The miner will hold exploratory talks with union leaders this weekend in the presence of a mediator in the hopes of reaching a way through the collective bargaining impasse that has kept workers on strike since last July

Cameco forecasts lower trading volumes, decrease in revenue

Thursday , 25 Feb 2010
With the sale of its gold interests, Cameco is focused on doubling annual uranium production by 2018

FLSmidth wins big Voisey's Bay nickel contracts

Wednesday , 24 Feb 2010
Danish headquartered mineral processing giant, FL Smidth, which numbers some major names in the sector among its subsidiaries, has made a major sale of comminution and sedimentation equipment to Vale Inco's Voisey's Bay operation.

Centerra reports 7.3mn ozs of gold reserves, Kumtor mine life extended

Tuesday , 23 Feb 2010
But, the group says its Boroo mine in Mongolia is nearing the end of its mine life and is expected to cease mining by year-end

Lundin Mining reports 44% increase in copper resources

Tuesday , 23 Feb 2010
Although a proposed merger between HudBay Minerals and Lundin Mining collapsed a year ago, Lundin has been strengthening its mineral reserves and resource base.

Giant Mine widows' $10.7mn wrongful death suit rejected by Canadian Supreme Court

Monday , 22 Feb 2010
One of the saddest chapters in Canadian mining and one of the nation's worst mass murders has legally ended in Canada's high court as victims' families learned they would not be compensated for their loss.