Giustra behind US$300 million sale of Goldcorp mines to junior
Vancouver In what looks to be a US$300 million pruning exercise, Goldcorp (G-T, GG-N) is spinning out mines in Au…
Rio Tinto plc
U.S. Gold in search of the Holy Grail
Robert McEwen, chairman and CEO of U.S. Gold (UGX-T, UXG-X), looks to the recent discovery of the 8-million-oz. Cortez Hills deposit by Placer Dome (now Barrick Gold [ABX-T, ABX-N]) as the motivation …
Base metals make comeback in the Great Lakes states
The three states that surround the upper Great Lakes — Michigan, Minnesota and Wisconsin — have a great mining history, but one that has, over the last four decades, receded further and further into…
Rio Tinto earns US$7.4B in 2006
Surging demand from China for iron ore and copper resulted in a record-setting year for Rio Tinto (RTP-N, RIO-L) in 2006, but the company expects to see some moderation in 2007.
African mining conference draws masses
Cape Town, South Africa — On strong commodity prices and a sustained bull market, the opening day of the 12th annual Mining Indaba conference attracted more than 4,000 delegates to hear about the ong…
Mansfield Expands Lindero
Vancouver — Drilling by Mansfield Minerals (MDR-V, MFMNF-O) on its Lindero gold project in Salta province, northwestern Argentina, continues to encounter zones of blind, non-outcropping mineralizatio…
African Mining Conference draws masses
Cape Town, South Africa On strong commodity prices and a sustained bull market the 12th annual Mining Indaba conf…
Rio Tinto earns US$7.4 billion in 2006
Surging demand from China for iron ore and copper resulted in a record setting year for Rio Tinto (RTP-N, RIO-L) in…
Ivanhoe looks beyond Oyu Tolgoi
Vancouver — Looking beyond its flagship Oyu Tolgoi property in Mongolia, Robert Friedland’s Ivanhoe Mines (IVN-T, IVN-N) says it has found a series of related iron oxide copper-gold systems, some of …
Iberian to reopen Aguas Tenidas
Seville, Spain — Iberian Minerals (IBZ-V, IZNFF-O) president and CEO Peter Miller was “in the jungles of Venezuela,” where the junior had acquired a number of gold properties, when he was first appro…
Rio Tinto rethinks Sweetwater sale
Vancouver — A hot uranium market has prompted Rio Tinto (RTP-N, RIO-L) to pull the proposed sale of its Sweetwater assets in Wyoming to sxr Uranium One (SXR-T, SXRFF-O) and contemplate developing the…
Wealthy foes target Northern Dynasty
Vancouver — Wealthy opponents appear to be lining up against Northern Dynasty Minerals (NDM-V, NAK-X) as it works to develop a remote project in southern Alaska that ranks among the world’s largest c…