R/€ = 16.63 Change: -0.02
R/$ = 14.84 Change: -0.03
Au 1341.29 $/oz Change: -13.63
Pt 802.05 $/oz Change: -12.04


Taseko appoints new president, Hallbauer remains CEO

By: Creamer Media Reporter      14th June 2019 Copper miner Taseko Mines on Friday announced several senior management changes, including the appointment of current CFO Stuart McDonald as its new president – a position that Russell Hallbauer previously held. Hallbauer, who was president and CEO, would remain as CEO of the company. 

Canada’s highest court clears way for Taseko’s New Prosperity

By: Mariaan Webb     14th June 2019 Efforts to move the New Prosperity mine project near Williams Lake, British Columbia, forward have gained traction this week, when the Supreme Court of Canada (SCC) cleared the way for Taseko Mines to undertake geotechnical work at the project. The SCC on Thursday dismissed the Tsilhqot'in First... 

Australian rare earth miners push development deals to counter China grip

By: Reuters     14th June 2019 Rare earth developers in Australia say they are edging closer to signing deals with new customers that would drive forward their projects amid mounting global supply concerns over the minerals that are crucial to high-tech industries. Australia contains only 2.8% of the world's rare earth... 

Allegiance raises funds for Tenas

By: Esmarie Iannucci     14th June 2019 ASX-listed Allegiance Coal will raise A$2.6-million through a share placement priced at 7.5c a share. The company on Friday said that it would place more than 35.3-million shares to institutional investors, to fund its working capital requirements at its Tenas metallurgical coal project, in Canada. 

European lithium projects gain attention amid push toward EVs

By: Reuters     14th June 2019 European lithium projects are making a fresh push for capital, eager to supply the white metal to a burgeoning network of battery manufacturers and electric vehicle makers across the continent, the world's second-largest EV market after China. A regional EV supply chain would help achieve... 

Defining the heavy-haul railway of the future

14th June 2019 Heavy-haul railways are under constant pressure to optimise operational efficiency, a factor that has led the sector to spearhead many new technologies. Michael Roney, special advisor to the International Heavy Haul Association (IHHA), explains in this article, originally published in the... 

Iamgold’s Stothart to chair MAC for two years

By: Creamer Media Reporter      13th June 2019 Executive VP and COO of Iamgold, Gordon Stothart, has been elected chairperson of the Mining Association of Canada (MAC) for a two-year term. He is succeeding Suncor Energy VP for the Fort Hill operation, Anne Marie Toutant, who served as chairperson from 2017. 

Heavy Haul Game Changer  

12th June 2019 International Heavy Haul Association (IHHA) chairperson Brian Monakali, who is also acting Rail Network GM at South Africa’s Transnet Freight Rail, believes collaboration is the key to ensuring that global heavy haul operators mitigate the risks associated with the Fourth Industrial Revolution... 

New kimberlite discovered at Mountain Province and De Beers Canada JV

By: Creamer Media Reporter      12th June 2019 TSX- and Nasdaq-listed Mountain Province Diamonds has discovered a new kimberlite at its Gahcho Kué joint venture (JV) leases – the first to be discovered in the area in more than two decades. The Wilson kimberlite, which was named after Canada’s first female geologist, Alice Evelyn Wilson, is... 

US tariffs will send Mexico gold, silver abroad for processing

By: Bloomberg     10th June 2019 Donald Trump’s tariffs targeting Mexico risks backfiring on the US, at least in the global metals market. Miners of Mexican precious metals are unlikely to be hit significantly if Trump imposes levies on goods from its neighbour, which is the biggest source of US silver imports and its... 

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