Acadian looks at Scotia startup
Acadian Gold (ADA-V, ADGLF-O) is hoping to move to early production at the Scotia Zinc project near Gays River, N.S., after receiving results of a recent feasibility study….
2006
New World drills wide intercept at Lipea (August 14, 2006)
Vancouver — Initial drilling by New World Resource (NW-V, NWFFF-O) on its Lipea project in southwestern Bolivia has returned a wide intercept of copper, gold and silver mineralization….
The Uzbek taxman cometh (August 14, 2006)
The government of Uzbekistan has seized some gold and banned further shipments of the yellow metal from Newmont Mining’s (NMC-T, NEM-N) 50%-owned Zarafshan heap-leach operation in the Kyzylkum desert,…
High River takes on Russian silver project (August 14, 2006)
The Russian subsidiary of High River Gold (HRG-T), Buryatzoloto, has lined up an agreement with private Russian company Gazteck Industry that will give Buryatzoloto a 50% interest in an undeveloped si…
Major’s gold reserves to last 14 years
Halifax, N.S.-based Metals Economics Group’s (MEG) recent study, Strategies for Gold Reserves Replacement: The Costs of Finding and Acquiring Gold, concludes that the world’s largest gold producers ha…
TSX Short Positions (August 14, 2006)
Short positions outstanding at July 31, 2006 (with changes from July 15)….
Exmin, Hochschilds not finicky about Moris
Vancouver-based junior Exmin Resources (EXM-V, EXMFF-O) has teamed up with Peru’s Hochschild Mining Group to buy the closed Santa Maria de Moris heap-leach gold-silver mine located in the Moris distri…
Teck snaps Inco’s olive branch (August 14, 2006)
Teck Cominco (TCK.B-T, TCK-N) has politely declined Inco’s (N-T, N-N) invitation to the negotiating table, instead preferring to stick to its game plan and existing cash-and-share takeover bid for the…
U.S. Markets august 1-7
Trading on U.S stock markets was flat over the report period Aug. 1-Aug. 7, with the Standard & Poor’s 500 Index up barely a point to close at 1,275.77. Three penny juniors were the most active tr…
Tiomin lines up funding for Kwale (August 14, 2006)
Tiomin Resources (TIO-T, TMIRF-O) has reached final agreements with a lending syndicate for US$155 million in debt financing for the Kwale titanium-sands project in Kenya, fulfilling conditions on an…
TNM on Market Matters radio
On Saturday, Aug. 12, catch Northern Miner editor John Cumming speaking about junior gold stocks with Michael L. Le…
Goldcorp nearly doubles Q2 earnings to US$190 million
Vancouver – After digesting the producing Canadian assets of Placer Dome, Goldcorp (G-T, GG-N) has turned in a stel…