Mexican court denies appeal on Cerro San Pedro
New Gold (NGD-T, NGD-X) has lost an appeal against a Mexican court ruling that cancelled a 2006 environmental impact study on its Cerro San Pedro gold-silver mine in central Mexico, 20 km northeast of…
Court Cases
Paramount to get X-Cal, drops Klondex lawsuit
VANCOUVER — Paramount Gold and Silver (PZG-T, PZG-N) has agreed to acquire X-Cal Resources (XCL-T) just as the company settles a lawsuit surrounding the failed acquisition of Klondex Mines (KDX-T).
Landmark hearing for Pacific Rim at World Bank arbitration centre
Pacific Rim Mining (PMU-T, PMU-X) wants its money back: all US$77 million of it. The Vancouver-based mining company is embroiled in a dispute with the government of El Salvador over the country’s fail…
Guatemala to suspend Goldcorp’s Marlin
The Guatemalan government has announced plans to suspend mining at Goldcorp’s (G-T, GG-N) contentious Marlin gold mine over concerns the mine may be contaminating the local water supply. But it appear…
Court rejects motion to close Denison’s Arizona 1 mine
The District Court of Arizona has denied a motion for a preliminary injunction put forward by several environmental groups and local Native American bands to shut down Denison Mines’ (DML-T, DNN-X) Ar…
Evolving settles lawsuit with former director
Evolving Gold (EVG-V) has agreed to pay $150,000 in an out-of-court settlement to a former director who sued the company for his services related to a recently completed private placement.
Paramount in new acquisition, settles failed one
Vancouver – Paramount Gold and Silver (PZG-T, PZG-N) has agreed to acquire X-Cal Resources (XCL-T) just as the…
Canadians charged in gold-mining Ponzi scheme
Four Canadians and two Americans have been charged by the U.S. Securities and Exchange Commission (SEC) for their roles in leading a US$300-million international Ponzi scheme that involved what looks …
More setbacks for First Quantum in the DRC
VANCOUVER — The situation in the Democratic Republic of the Congo (DRC) has gone from bad to worse for First Quantum (FM-T, FQM-L) after the country’s Supreme Court made a ruling that seemingly inval…
Greystar jumps on Angostura approval
VANCOUVER — Greystar Resources’ (GSL-T) share price soared 44% on news the Colombian government has reversed its recent decision to invalidate the environmental impact assessment (EIS) for Greystar’s…
Pacific Rim Mining seeks justice in day two of arbitration proceedings
Pacific Rim Mining (PMU-T, PMU-X) wants its money back: All $77 million of it.The Vancouver-based mining com…
Western Copper denial justified
In regards to the article “Western Copper permit denial casts shadow on Yukon permitting process” ( T. N. M., May 24-30/10), the record needs to be set straight.