DRC Government Confirms Banro’s Holdings
Banro (BAA-T, BAA-X) says it had received official confirmation that its mining convention and mining licences in the Democratic Republic of the Congo (DRC) “are in accordance with Congolese law.”
Regulatory Issues
Canadian miners restart their engines in Ecuador
The government of Ecuador used the Prospectors & Developers Association of Canada (PDAC) convention in Toronto to a…
HudBay battle gets nasty
Vancouver – After spending $460 million to acquire a nickel project that’s now unfeasible to develop and then att…
Mongolia’s cabinet endorses in principle Oyu Tolgoi draft agreement
Shares of Ivanhoe Mines (IVN-T, IVN-q) rose 2% or 11¢ to $5.99 apiece in mid-morning trading following news th…
Swedes Revisit Ban On New Nuclear Plants
Dependence on foreign energy and worries about global warming have ignited debate about overturning Sweden’s nearly 29-year moratorium on building nuclear power plants.
DRC government confirms Banro’s titles
Banro’s (BAA-T, BAA-x) shares jumped 8.1% or 12¢ per share to $1.61 apiece in early afternoon trading in Toron…
Record Year For US Mine Penalties
VANCOUVER — Fines for safety violations at American mines soared to an all-time high in 2008. Over the past three years, since former president George W. Bush signed a new mining code into law, the v…
Sweden mulls overturning ban on new nuclear power plants
Dependence on foreign energy and worries about climate change have ignited debate about overturning Sweden’s nearly…
Rio Tinto Woos Chinese
The week ended Jan. 31, the fourth trading week of 2009, was rife with speculation over Rio Tinto’s future, and just what the debt-crippled giant might hand over to its deep-pocketed 9% shareholder, s…
Record year for US mine penalties
Vancouver – Fines for safety violations at American mines soared to an all-time high in 2008. Over the past three y…
Anvil Rises On New Mining Contracts In DRC
VANCOUVER–The biggest copper producer in the Democratic Republic of the Congo (DRC) has finalized mining contract renegotiations for two of its three mining operations. After more than a year of disc…
The Bell Tolls For HudBay-Lundin Merger
The unravelling of the controversial HudBay-Lundin merger was the biggest mining story in Canada during the week ended Jan. 24, the third trading week of the year, as weeks of relative quiet over the …