Fluorspar mining set to return to Newfoundland
As part of a $49-million plan to reactivate the St. Lawrence fluorspar mine on the Burin Peninsula of southeastern Newfoundland, the provincial government has pledged to build a $10-million deep-water…
News
Novagold drills Shotgun
Two holes at the Shotgun property in southwestern Alaska have returned long mineralized intersections for Novagold Resources (NRI-T).The holes were drilled vertically into a large rhyolite porphyry bo…
Atna outlines Wolf
Drill results from the Wolf property in southeastern Yukon have returned significant widths of banded zinc, lead and silver massive sulphides.Atna Resources (ATN-T) is earning a 65% interest in the pr…
SUPPLIERS NEWS ROUNDUP — Blast course set for Reno
A short course on blast design and assessment will be held Oct. 1-2 at the Hilton Hotel in Reno, Nev.Sponsored by consulting firm Golder Associates, the course will provide an overview of basic blasti…
Panels set for Voisey’s Bay development
An environment assessment panel has announced that public hearings will be held to review the proposed development of a mine and mill at the Voisey’s Bay base metal deposit in Labrador.The hearings, w…
GUEST COLUMN — Setting the pace for the future
The author is vice-president of economic affairs at the Mining Association of Canada. He has written this article at the request of Mining Works for Canada, an organization designed to increase awaren…
MINING MARKETS & INVESTMENT NEWS – INVESTMENT COMMENTARY — Bulyanhulu viewed as robust despite weak gold prices
Michael Westcott, mining analyst for Goepel McDermid Securities, believes the Bulyanhulu gold deposit in Tanzania’s Lake Victoria Goldfields region will transform Sutton Resources (STT-T) into a low-c…
Gold Fields evaluates stake in Eldorado
Based on an ongoing review of assets, Gold Fields is debating whether or not to hold on to its 40% equity interest in Eldorado Gold (ELD-T).At presstime, Eldorado’s shares were trading at about 45 cen…
ODDS ‘N’ SODS — Not so sure-footed
Back in the early 1960s, I was working as a sample man at the Copper Rand mine in Quebec’s Chibougamau mining camp. The sample man’s job involved shift work, and on this particular day I was working d…
MINING MARKETS & INVESTMENT NEWS — Laramide funds program at Bilbao property
Junior Laramide Resources (LAM-T) will use proceeds of $375,000 from a private placement to explore the Bilbao project in Mexico’s Zacatecas state.The company says mapping and gravity surveying have e…
Manalta issues poison pill to delay Luscar bid
The directors of Manalta Coal Income Trust have recommended that shareholders reject a $550-million takeover bid by Luscar Coal Income Fund, approving a shareholders’ rights protection plan to delay t…
EDITORIAL — Champion needed for licensure — Anyone listening?
Toronto’s status as the mining finance capital of the world is in danger of being undermined unless Ontario’s geologists, geophysicists and geochemists are licensed by a professional organization with…