Plan B: Northgate pitches for Aussie miner
Vancouver — After a recent blow against its Kemess North copper-gold project in B.C., Northgate Minerals (NGX-T, NXG-X) has set its sights on buying Australian gold producer Perseverance Corp. (PSV-A…
Gold
Barrick bids for Arizona Star (November 05, 2007)
Don’t look now, but Barrick Gold (ABX-T, ABX-N) is going on a spending spree.
Editorial: US House tightens noose around miners’ necks
The biggest story during the week ended Oct. 27, the 43rd trading week of 2007, was the growing momentum in the U.S. House of Representatives for the passage of the pernicious Hardrock Mining and Recl…
Kinross unloads Kubaka for US$15M (November 05, 2007)
Kinross Gold (K-T, KGC-N) is selling the formerly producing Kubaka gold-silver mine and related assets in Russia’s Far East to St. Petersburg-based silver major Polymetal for US$15 million in cash plu…
Southwestern slashes Boka resource
Vancouver – Southwestern Resources (SWG-T, SWGGF-O) has greatly reduced the resource estimate for its troubled Boka…
Pediment climbs on Los Planos results (November 02, 2007)
Vancouver – San Antonio keeps on growing for Pediment Exploration (PEZ-V), with drills on the Los Planos zone consi…
New Gold gets mine permit for New Afton
Vancouver – Its been a busy week for New Gold (NGD-T), as the company picked up a signed mine permit for its New A…
Cardero settles Baja lawsuit
Cardero Resources (CDU-T) has decided that paying a royalty and issuing shares to the company suing it over a coppe…
Island in full production
The Island gold mine near Dubreuilville, Ont., has moved into commercial production after producing 7,200 oz. gold …
High grade intersections at Seabee
Mine-site exploration at the Seabee gold mine in northern Saskatchewan has indicated new mineralization at depth….
Newmont reports solid results (October 31, 2007)
Higher metal prices helped buoy third-quarter results for gold heavyweight Newmont Mining (NEM-N). The gold pr…
Gold prices then and now: a little perspective
The United States dollar and the dollar-denominated gold price almost invariably sit on opposite ends of a seesaw, …