SEPT-ÎLES, QUE. — At the corrugated-iron-walled congress centre in this northeastern Quebec city on a snowy late-November day, organizers of a chamber of commerce luncheon are turning away late arrivals. 2,036 more words
Tags » Mining Features
Even before its meltdown, investors watching Rubicon Minerals Corp. could see some troubling warning signs.
Everything seemed fine on the surface. The company said in April that it was on track for first gold production at its Phoenix project in Northern Ontario in mid-2015. 1,214 more words
A young couple passes an elderly one on a walking path, as an acoustic guitar plays the melody to “Stand By Me.”
The younger woman turns around and smiles. 1,015 more words
Plenty of coal industry insiders have spoken out about the collapse of the business in the United States. But nobody does it with quite the same fervor as Robert Murray. 1,280 more words
KIRKLAND LAKE, ONT. • Deep underground in Kirkland Lake, 300 kilometres north of Sudbury, it is hard to think about the rich veins of gold near at hand. 1,926 more words
The mining business has a long history of companies grossly overpaying for assets. But no one will accuse George Dethlefsen of that crime.
Mr. Dethlefsen’s firm, Corsa Coal Corp., was approached this year about buying coal assets in Pennsylvania from Russian steel giant OAO Severstal, which was bailing out of the United States. 1,208 more words
Speaking to an audience of mining industry professionals in Toronto, Tom Albanese made his message loud and clear.
“The consolidation we are seeing heralds a new era that we have not seen before and probably won’t see again,” Mr. 1,039 more words