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Detour Gold's Gerald Panneton (left) accepts the Bill Dennis award from PDAC president Scott Jobin-Bevans. Photo by EnvisionDigitalPhoto.com

PDAC celebrates 2012 award winners

During this year’s Prospectors and Developers Association of Canada (PDAC) convention, the annual awards evening on March 5 at Toronto’s Fairmont Royal York hotel honoured outstanding contributions and excellence in the minerals…



First Uranium to sell its South African assets

First Uranium (FIU-T) says it will sell chief assets — the Mine Waste Solutions (MWS) tailings recovery project and the Ezulwini gold-uranium mine, both in South Africa — for US$405 million as the underperforming junior…


Personnel at Coro Mining's San Jorge copper-gold project in Argentina. Photo by Coro Mining

Coro takes a second swing at San Jorge

One week after renegotiating a purchase agreement on its San Jorge copper-gold porphyry project in Argentina’s Mendoza province, Coro Mining (COP-T) will take another shot at getting the government permits it needs to proceed with mine…


Geologist Rory Calhoun leads an analyst into an adit at Prophecy Platinum's Wellgreen PGM-nickel-copper project in the Yukon. Photo by The Northern Miner

Prophecy Platinum and Ursa Major to merge

Looking to add near-term production potential, Prophecy Platinum (NKL-V) has entered a binding letter of agreement to merge with Ursa Major Minerals (UMJ-T) in an all-share deal.


Great Western arranges $80-million bond financing

Vancouver — Great Western Minerals Group (GWG-T) has secured US$80-million in a bond financing as it works to open its flagship rare earths mine in South Africa and build or upgrade several processing facilities.



Claude ups inferred resources by 236%

Shares of Claude Resources (CRJ-T, CGR-X) gained 17% a day after updating its gold reserves and resources on its wholly-owned Seabee gold operation in Saskatchewan.



McEwen bets on innovation

Rob McEwen is known for thinking outside the box so it wasn’t surprising to learn that McEwen Mining (MUX-T, MUX-N)—a company he created in January through the combination of U.S. Gold and Minera Andes and in which he owns a 25%…


Aurizon doesn’t budge on positive 2011 financials

Last year was a good year for the company, says George Paspalas, the president and chief executive of Aurizon Mines (ARZ-T, ARK-X), which has been mining the Casa Berardi gold project in Quebec since 2006.



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