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…
News
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…
PDAC award latest for Rebagliatis
Vancouver — When Ross Rebagliati won the first Olympic Gold medal for snowboarding in Nagano back in 1998, he was merely showing a competitive streak that appears to run in his family.
Louvem, Richmont short on gold production in 2006
The Beaufor gold mine, near Val d’Or, Que., was a disappointment in 2006 for both of its 50-50 joint- venture owners, Louvem Mines (LOV-V) and Richmont Mines (RIC-T, RIC-X).
Deacon resource boosts Lanfranchi
Vancouver — Initial resource estimates for Brilliant Mining’s (BMC-V) recently discovered Deacon deposit significantly boosts the overall nickel inventory on its Lanfranchi mine joint venture in West…