Retirees reap benefits of labour shortage (March 13, 2007)
Frank Visockas spent 30 years working at Incos Garson mine in Sudbury, but when it came time to retire five years …
News
Fortuna-Continuum post San Jose resource (March 12, 2007)
Vancouver – A new resource estimate has been tabled for Fortuna Silver Mines (FVI-V, FVITF-O) and Continuum Resour…
Uganda ready for the big boys
After watching mining companies flock to its neighbours Tanzania and the Democratic Republic of the Congo, the gove…
Oxus Gold divests Kyrgyz project (March 12, 2007)
Oxus Gold (OXS-L) has sold its interest in the operating company that had developed the Jerooy gold deposit in Kyrg…
Buena takes out a quarter of its hedge book
Minas Buenaventura (BVN-N) has bought back contracts for about a quarter of its hedge book, in a deal worth US$145 …
The revival of mining in the Solomon Islands
At the end of the 1990s the Gold Ridge mine was synonymous with mining in the Solomon Islands. The project then h…
Shining Tree drilling suggests extension
Ursa Major Minerals (UMJ-V) has completed a five-hole program on its Shining Tree nickel property in Fawcett Twp., about 100 km north of Sudbury, Ont. One hole suggests that mineralization persists do…
Zeox signs $15M supply contract
Zeox Corp. (ZOX-V, ZOXCF-O) subsidiary White Cliffs Mining, has signed a 10-year, $15-million supply contract to sell processed zeolite to Oklahoma-based CTOC Go, makers of the Congo Process water pur…
People (March 12, 2007)
Adanac Molybdenum — Mike Petrina appointed general manager of the Ruby Creek molybdenum mine in B.C.
Quadra rolls out 2006 profit
Vancouver — Improved performance at its flagship Robinson copper-gold mine near Ely, Nev., propelled Quadra Mining (QUA-T, QADMF-O) to deliver net earnings of US$54.7 million in last year’s final qua…
GPJ, Goldcorp see higher 2007 production, costs
Vancouver — Canada’s second-largest gold producer, Goldcorp (G-T, GG-N), expects to produce 2.6 million oz. of the yellow metal in 2007, assuming that the planned sale of its Peak mine in Australia a…
Goldbelt to grab Barrick’s West African assets
Vancouver — Goldbelt Resources (GLD-V, GLDRF-O) has entered an agreement to acquire all the exploration assets of Barrick Gold (ABX-T, ABX-N) in the West African countries of Burkina Faso, Mali and G…