Americas Silver’s stock surges after $42m boost
The investment includes a $25m gold stream and royalty on the Relief Canyon mine when it reopens, a $10m convertible debenture, and a $7.5m equity subscription.
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Pretium plans 40% increase in Brucejack throughput, shares jump
The Brucejack mine and mill are increasing throughput to 3,800 t/d from 2,700 t/d over the course of the year.
Profitable coal trade beckons buyers brave enough to test China
It’s high quality and the price is a bargain, but the risk may be too great for Chinese buyers looking for a quick profit.
Growth that’s bought but not paid for
The recent economic growth in the U.S. may have simply been a function of debt creation.
Hunt for Canada’s vast diamond riches reaching an end
Iconic mines, including Ekati and Diavik are now old, tired and running out of diamonds; they will likely both close soon. So far, operations that were designed to replace them aren’t faring well either.
Goldcorp shareholders approve Newmont’s $10B takeover offer
The deal also will be voted on by Newmont shareholders next Thursday. If approved, the deal is expected to close by June.
Peruvian judge jails lawyers for three years over copper mine blockade
The ruling promises to further polarize a dispute between MMG and the village of Fuerabamba in Peru’s southern copper belt.
Two injured, two others missing after mudslide at Freeport’s Grasberg mine
Mining operation is running normally despite the incident, says the company.
West Virginia’s trying to revive coal, one miner isn’t convinced
West Virginia is dangling tax incentives for coal miners in an attempt to revive operations in Coal Country, but Contura Energy Inc. isn’t swayed just yet.