Rusoro plans to take out Mena
Venezuelan explorers Rusoro Mining (RML-V) and Mena Resources (MEA-V) have announced a friendly takeover by Rusoro …
Gold
Expansions for Gold Fields’ Tarkwa mine
Gold Fields (GFI-N, GOF-L, GOGOF-J) has decided to nearly triple the throughput capacity of its carbon-in-leach pla…
Mining sector eyes leftist tilt in Ecuador
Vancouver Mining companies with operations in Ecuador say they remain cautiously optimistic after leftist economi…
Gryphon Gold dealt major blow
Vancouver – Reserve and resource miscalculations in a recently completed feasibility study for Gryphon Gold’s (GGN-…
Entre takes the long view in Mongolia
Ulaanbaatar — The introduction of windfall taxes on gold and copper last spring coupled with talk of government earn-ins on “strategic” deposits stopped many foreign exploration companies in Mongolia…
Freeport to swallow Phelps
If shareholders give the go-ahead, Freeport-McMoRan Copper & Gold’s (FCX-N) proposed takeover of Phelps Dodge (PD-N) will create the world’s largest publicly traded copper company and the largest …
New Gold outlines deep zone at Afton
Vancouver — Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, B.C., is confirming a new, deep zone of copper mineralization beneath the existing resource.
Queenston cuts new gold at Upper Beaver
Drill holes north of the established mineralization at the Upper Beaver gold property in Gauthier Twp., about 20 km east of Kirkland Lake, Ont., have intersected gold on two previously unknown mineral…
Aurizon gold mine almost ready
Vancouver-based Aurizon Mines (ARZ-T, AZK-X) is about to begin operations at its Casa Berardi gold mine in the Abitibi region of Quebec with just a few jobs left to cross off its preproduction checkli…
More gold at Palmarejo’s Guadalupe
Vancouver — Deep drilling by Palmarejo Silver and Gold (PJO-V, PJOFF-O) on its Guadalupe project in Chihuahua state, Mexico has tapped into a zone of high-grade gold mineralization.
Newmont ups earnings
Third-quarter earnings at Newmont Mining (NEM-N, NMC-T) grew by 57% year-on-year thanks to the rising gold price.
Editorial: Friedman’s fight for freedom
We note the passing this week of the great American economist, libertarian and public thinker Milton Friedman, who died at the age 94 in San Francisco, of all places, where he was a senior research fe…