Michael Allan McCrae

Michael McCrae is publisher of MINING.com, the world's leading news site for the global mining industry. Before coming to MINING.com, Michael working in banking and the IT sector. He began his career in journalism, working as a reporter and editor for newspapers throughout British Columbia. Michael has an MBA and CMA.

Mexican-focused junior pops on PEA results

Minera Alamos files PEA for its La Fortuna gold project with after-tax IRR of 93%.

Truck driver dies after attempting to scan RFID

Fell out of his truck.

Osisko Mining to acquire Beaufield Resources

Strategic location.

Rosy Canadian jobs report gets no help from resource sector

On a year-over-year basis, natural resources employment is little changed.

Graphite mine in Madagascar achieves nameplate production

Miner is based in Perth.

Pretium Resources grows cash by $72 million, produces 111,340 ounces of gold

The company is up 18.5% today to $12.04 a share.

Sunstone Metals to sell Scandanavian copper asset for $30.3 million

The two companies have just signed a non-biding letter of intent.

Teck's Quebrada Blanca project gets green light

Teck Resources received regulatory approval for its Quebrada Blanca Phase 2 project in the Tarapac√° Region in northern Chile.

Golden Triangle junior trades up on drill results

Aben Resources

Glencore credits China's 'Blue Skies' program for strong H1

Protectionism could limit future growth.

Yamana Gold names new CEO, creates executive chairman role

Founder gives up CEO role.

Large diamond retailer drops 22% after cutting guidance

Pandora cuts expected revenue from 7 to 10 per cent to 4 to 7 percent.

Water shortage threatens BC copper-gold mine

Not the first time.

Selling autonomous trucks moves from push to pull: Caterpillar

The technology has gained traction and customers are asking for them.

Anglo American approves $5 billion copper project in Peru

30-year reserve life.

An 85.7 gram gold nugget found in Scotland

Believed to be the UK's largest.

Newmont drops $275 million on northern BC project

Golden Triangle.

Cameco lays off 700 staff

The news bumped Cameco's stock (CCO.TO) five per cent on Thursday send it to $14.97 a share.

Western Australia lithium producer approves $382 million expansion

Batteries.

Newmont trades up on earnings beat

Going up.

Barrick Gold reports Q2 loss of US$94 million

Barrick said earnings and cash flow impacted by planned maintenance activities at Barrick Nevada and Pueblo Viejo.

Goldcorp reports net loss of $131 million in Q2

Guidance reconfirmed.

Vale's Q2 capex reaches lowest level since '05

Vale announced an adjusted EBITDA of US$3.9 billion in Q2 with iron ore production of 96.8 tonnes and sales of 86.5 tonnes.

Debt financing doubles

"Not a typical financing vehicle for non-revenue generating exploration companies."

Cleveland-Cliffs EPS jumps 171% in 2Q

U.S. iron ore pellet sales volume expectation to increase to 21 million long tons.