News

Silver Quest to raise $12M for Yukon, BC exploration

With exploration programs ongoing at three properties near New Gold’s (NGD-T) multimillion-ounce Blackwater gold project in north-central British Columbia and at 17 properties near Kinross Gold’s (K-T, KGC-N) White Gold deposit in the Yukon,…


Iamgold completes sale of Tarkwa and Damang stake

Flush with US$667 million in cash from the sale of its 18.9% stake in the Tarkwa and Damang projects in Ghana to Gold Fields (GFI-N), Iamgold (IMG-T, IAG-N) could be on the lookout for other acquisitions in West Africa, Canaccord Wealth…


Letter to the editor: China Coal and Mei Feng

In the article “China Coal aims to become a mid-tier producer,” (T.N.M., May 30 – June 5/11), statements were made in respect of China Coal and its intended acquisition of the operating interest in the Mei Feng coal mine.


Senior geologist Jay Jackson at the Ct Lake deposit at Trelawney Mining's Chester gold project in northern Ontario. Photo by Trelawney Mining and Exploration

Ct Lake: How big can it get?

There is no debating that Trelawney Mining and Exploration’s (TRR-V) Côté Lake deposit is big. But the question on the minds of many junior gold investors is: Just how big?  



Largo Resources' Maracas vanadium property in Brazil, 800 km northeast of the capital Brasilia. Photo by Largo Resources

Largo makes headway with vanadium venture

Largo Resources (LGO-V) acquired its Brazilian Maracas vanadium project in 2006. By 2008, Largo had taken the resource from 10 million tonnes to 23 million tonnes and completed a feasibility study. Between 2005 and 2008, the company’s market…


Osisko, Clifton Star part ways at Duparquet

Four days after Osisko Mining (OSK-T) and Clifton Star Resources (CFO-V)  released a resource estimate for the Beattie deposit – part of their larger Duparquet project – Clifton Star reported that Osisko is withdrawing from the project.


The Panzi Hospital near Bukavu, in the eastern Democratic Republic of the Congo. Photo by Banro Foundation

Banro raises $80K for Congolese hospital

The Banro Foundation, a charity created by Canadian gold miner Banro (BAA-T, BAA-N) in the Democratic Republic of the Congo, has raised $80,000 for the Panzi Hospital in the eastern part of the country.


People

Alcoa – Kay Meggers appointed a VP.



Augusta moves closer to decision on Rosemont Copper

The preliminary draft Environment Impact Statement on Augusta Resource’s (AZC-T, AZC-X) Rosemont Copper project near Tucson, Ariz., has been delivered by the Coronado National Forest to Arizona State and local cooperating agencies, bringing it…


The treatment plant at Fortuna Silver's San Jose silver-gold project in Oaxaca, Mexico. Photo by Ian Bickis

Fortuna Silver updates San Jose

Fortuna Silver Mines (FVI-T) started building its San Jose underground silver-gold mine 47 km south of the city of Oaxaca in southern Mexico in the second quarter of 2010. Now, the company says it can increase the start-up production rate from…


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