Buenaventura taking up all of Poracota
Minas Buenaventura (BVN-N) has agreed to take over the 25% interest in the Poracota gold project in Arequipa depart…
Gold
Queenston cuts new gold zone at Upper Beaver
Drill holes north of the established mineralization at the Upper Beaver gold property in Gauthier Twp., about 20 km…
Juniors take over New Britannia (October 10, 2006)
Vancouver-based juniors Garson Resources (GARR-C) and Piper Capital (PCL-V) have agreed to acquire the dormant New …
Resource estimate for Eleonore expected in the new year
When Goldcorp (G-T, GG-N) did the US$425-million deal to acquire the Eleonore gold project from Virginia Gold Mines…
Kinross completes Crown takeover (October 09, 2006)
Shareholders of Crown Resources (CRCE-O) have voted in favour of the acquisition of Crown by Kinross Gold (K-T, KGC-N)….
Editorial: NovaGold, Barrick edging towards year-long stalemate (October 09, 2006)
It’s easy to tell that metal prices are high and the stakes are getting even higher as we witness all the acrimony brewing between some of mining’s top CEOs….
Newmont readies market for shortfalls
Vancouver — The world’s second-largest gold producer, Newmont Mining (NMC-T, NEM-N), has given notice that bullion output from its mines will temporarily decline until it can bring new development pr…
McEwen moves to scuttle Goldcorp-Glamis merger
Vancouver — Goldcorp (G-T, GG-N) founder and ex-chairman Robert McEwen has launched the opening salvo in a proxy fight opposing the company’s plan to merge with mid-tier producer Glamis Gold (GLG-T,…
Cumberland gets Nunavut approval for Meadowbank (October 09, 2006)
Vancouver — After a two-and-a-half-year public review process, Cumberland Resources (CLG-T, CLG-X) has received the blessing of the Nunavut Impact Review Board (NIRB) for development of its proposed…
Freegold trenches high-grade at Golden Summit
Vancouver — Trench results from Freegold Ventures’ (ITF-T, FGOVF-O) Golden Summit project, near Fairbanks, Alaska, show extensive high-grade gold mineralization along significant lengths of newly dis…
Quadra trumped in bid for Equatorial
Losses related to a hedging program and operating challenges at the Robinson copper-gold mine near Ely, Nev., pushed Quadra Mining (QUA-T, QADMF-O) into the red during the latest quarter ended June 30…
Canarc intersects high-grade at New Polaris (October 09, 2006)
Vancouver — Drilling by Canarc Resource (CCM-T, CRCUF-O) at its New Polaris project in northwestern British Columbia has returned a high-grade hole including visible gold in the core….