Maudore gets boost
VANCOUVER — A new set of high-grade gold results from the Comtois project, in western Quebec, gave Maudore Minerals’ (MAO-V, MAOMF-O) share price a lift recently.
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NovaGold sells hydro assets for $40M
NovaGold Resources (NG-T, NG-X) has started cashing in its non-core assets to help it deal with ongoing cost overruns at its three major northern gold projects — but at least one analyst says that No…
Goldcorp dekes out Agnico-Eagle with Gold Eagle bid
The pace of takeovers in the mining sector shows no signs of slowing, with the latest move seeing heavyweight Goldcorp( G-T, GG-N) making a friendly $1.5-billion cash-and-shares bid for Gold Eagle Min…
SouthGobi Energy’s coal resource soars
Shares of SouthGobi Energy Resources (SGQ-V, SGQRF-O) vaulted $1.90 apiece on news that the company’s total measured and indicated surface resource of coal in southern Mongolia has grown by 73% to 258…
Thermo Fisher snags award for new XRF analyzer
Thermo Fisher Scientific (TMO-N) has been awarded the R&D 100 award for technological innovation for the company’s handheld X-ray fluorescence (XRF) analyzer.
Yukon-Nevada eyes Ketza revival
WHITEHORSE, YUKON — Yukon- Nevada Gold (YNG-T, YNGFF-O) has cut one of its best intercepts to date at its Ketza River property, about 125 km northeast of Whitehorse, Yukon. The market thanked Yukon-N…
Delayed startup for Equinox
VANCOUVER–It’s been an up-and-down past few months for Equinox Minerals (EQN-T, EQMIF-O) as it tries to get its Lumwana copper, in Zambia, project into production.
North American Palladium settles crusher litigation
North American Palladium (PDL-T, PAL-X) has settled a six-year-old dispute with its insurer regarding a crusher failure at its Lac des les platinum group metals mine, 85 km north of Thunder Bay, Ont.
Platmin hires MCC as contractor for Pilanesberg
South African-focused platinum miner Platmin (PPN-T, PLNLF-O) has hired MCC Contracts to conduct open-pit mining at its Pilanesberg mine.
Timmins Gold gets San Francisco production-ready (August 11, 2008)
A new crusher is on the way to Timmins Gold’s (TMM-V, TMGOF-O) San Francisco heap-leach open-pit operation in Sonora state, Mexico, where the company is getting ready to restart production at the past…
Rio Tinto Alcan starts $200M community fund
Rio Tinto Alcan has started the $200-million Canada fund, aimed at giving back to communities in Quebec and British Columbia, where the company has operations. The subsidiary of mining juggernaut Rio …
Oromin tallies Sabodala resource
Oromin Explorations (OLE-V, OLEPF-O) has reported an initial inferred resource estimate totalling 1.4 million oz. gold at its Sabodala project in eastern Senagal.