Windfall tax on gold in Mongolia deemed illegal
Mongolia’s infamous windfall tax on gold is not being collected from gold producers — at least not for the time be…
Gold
Holiday strike at Centerra’s Kumtor
Christmas isn’t coming early for Centerra Gold (CG-T). The Toronto-based company with a penchant for operating in d…
Resource up at Young-Davidson (December 18, 2006)
Resources at the Young-Davidson gold project near Matachewan, Ont., have grown substantially in a new estimate comm…
TSX goes global with gold index (December 18, 2006)
To suit its beefed-up list that now includes non-Canadian gold companies, the Standard & Poor/Toronto Stock Exchang…
Gryphon Gold dealt major blow in Nevada
Vancouver — Reserve and resource miscalculations in a recently completed feasibility study for Gryphon Gold’s (GGN-T, GYPH-O) Borealis project in western Nevada’s Walker Lane trend have prompted the …
More massive sulphides at Niblack
Vancouver — Stepout drilling by Niblack Mining (NIB-V, NBLKF-O) has delivered further massive sulphide intercepts from the Lookout zone at its Niblack project on Prince of Wales Island in southeaster…
Noront hits bonanza grades at Windfall (December 18, 2006)
Vancouver — Recent drilling at the well-tested Windfall gold project in Urban Township, Que., has yielded a pleasant surprise for Noront Resources (NOT-V, NOSOF-O).
Osisko outlines 6.5M oz at Malartic
An initial inferred resource for the Canadian Malartic gold deposit in northwestern Quebec shows a resource of around 6.5 million oz.
Gold Fields, Sino now allies
Already holding a significant stake in Australian gold producer Sino Gold (SGX-A), South African mining house Gold Fields (GFI-N, GOF-L, GOGOF-J) has taken a 6.5-million-share placement in exchange fo…
Verena pulls more gold at Volta Grande
Verena Minerals (VML-V) has intersected gold mineralization in a new drill hole at the Grota Seca East zone on its …
Exeter Resources stock drops due to ban on new mining permits in Argentine province
Exeter Resources’ (XRC-V, XRA-X) shareholders were quick to sell after a Dec. 13 announcement by the government of …
Aura Gold starts drilling in former gold rush area
Few garimpeiros are seen near Aura Gold’s new Cumaru project in north-central Brazil, unlike the scene from the Par…