News


Shanta Gold makes headway in Tanzania (January 25, 2011)

Junior Shanta Gold (SHG-L) wants to make the leap from explorer to gold producer within two years. On Jan. 25 Shanta said it is on track to complete a detailed feasibility study by the end of June on its Singida gold project in central Tanzania…




Copper Mountain nears production in BC

Princeton, B.C. – Since 2006 Copper Mountain Mining (cum-t) has been quietly but confidently building a large, open-pit mine near Princeton and within six months British Columbia will have its first major new metal mine in years.Well, mostly…


Former bidding rivals team up to chase Baffinland

In a new twist to the takeover battle for Baffinland Iron Mines (bim-t), former rivals Nunavut Iron Ore and ArcelorMittal (mt-n) are teaming up in a joint bid.”It’s been an interesting week,” Nunavut Iron chairman Bruce Walters remarks with…


Thermo Fisher to unveil new analyzers at Indaba

Thermo Fisher Scientific (tmo-n) will demonstrate its newest Niton handheld XRF analyzers at Mining Indaba 2011 on Feb. 7-10 at the Cape Town International Convention Centre in South Africa.The analyzers can quickly determine the elemental…


SRK gets new chairman, opens offices in Mongolia, Mexico

Mining consultancy firm SRK has appointed Michael Armitage as chairman.Armitage, a geologist by profession, has worked in the industry for 25 years, 20 of them at SRK. He replaces SRK’s chairman of 15 years, Nick Rigby.”I bring to the role an…


TECSUR to build Trevali’s power transmission line

Trevali Renewable Energy, a wholly owned subsidiary of Trevali Resources (tv-t), has awarded Peru-based TECSUR a contract to build the power transmission line from its Santander silver-lead-zinc mine to the Peruvian national grid, Sistema…


Obituary: Bud Laporte

Irvin Joseph (Bud) Laporte (b. 1933) died on Jan. 12, at the age of 78, in North Bay, Ont., after a battle with cancer. He was the husband of Shirley (predeceased) and a father and grandfather.Laporte started working in the diamond drilling…


Fredonia looks good to Eaglecrest

Eaglecrest Explorations (eel-v) turned in some interesting results from a first-pass sampling program at its Fredonia gold project in Colombia. The highlight assay returned 8.25 grams gold per tonne and 47.5 grams silver per tonne and came from…


Eastern Platinum rakes in $348M

With platinum prices expected to climb further in 2011, Canada’s biggest platinum producer had little trouble raising $348 million to help pay for the first phase of its Eastern Limb development plan in South Africa.  In an equity…


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