NovaGold, Barrick to split Donlin 50/50
Vancouver — After long legal disputes and lots of nasty words, NovaGold Resources (NG-T, NG-X) and Barrick Gold (ABX-T, ABX-N) have decided to bury the hatchet and work together to advance the large-…
2007
Artisanals point the way for African Gold Group
Miners have long been divided about artisanal miners working their concessions. Although the activity can at times lead to conflict, artisanals are widely credited with providing free — if inadverten…
Mongolia’s minefield
Ulaanbaatar, Mongolia — Mining executives at the recent Discover Mongolia 2007 Conference spoke out strongly against controversial mining laws they claim are strangling mine development and urged the…
Cameco prepares for less cash in Q4 (November 19, 2007)
Record-breaking uranium prices have continued to mask the setbacks that Cameco (CCO-T, CCJ-N) has been confronting over the last year, with third-quarter net earnings reaching $275 million.
Peru’s progress
Commentary — The following is an edited version of a speech by Peruvian President Alan Garcia Perez at a ceremony in late October to open Southern Peru Copper’s new copper…
Editorial: BHP Billiton eyes Rio Tinto in mining’s biggest-ever deal
The mining industry’s merger mania returned to the very top of the food chain during the week ended Nov. 10, the 45th trading week of 2007.
Thompson, Brawner among five added to Canadian Hall
The Canadian Mining Hall of Fame will induct five new members at its 20th annual dinner and induction ceremony, to be held on Thursday, Jan. 17, 2008, at the Fairmont Royal York Hotel, in downtown Tor…
Consmin board good with Palmary offer (November 19, 2007)
The board of Australian chromium and manganese producer Consolidated Minerals (CNM-L, CSM-A) is sticking with its recommendation that shareholders accept a cash takeover offer from Ukrainian businessm…
Bayswater rises on near-surface uranium at Anna Lake
Uranium intersections from the Central Mineral Belt in Labrador that stretched up to 40 metres long, gave Bayswater Uranium (BAY-V) shares a 10% boost recently.
Keegan gets first gold resource from Ghana
Keegan Resources’ (KGN-V, KGNRF-O) first resource estimate for its Esaase gold property in southwest Ghana is in, and the market liked what it saw.
Pinetree loads up on McFaulds Lake juniors
Vancouver — After recently closing a $72-million financing, Toronto-based junior investment and merchant banking firm Pinetree Capital (PNP-T, PNPFF-O) has loaded up on shares of several junior minin…
Aurora drilling adding to resources (November 19, 2007)
Drilling by Guyana Goldfields (GUY-T, GUYFF-O) at the Aurora gold project in north-central Guyana has indicated extensions beyond the recently calculated resources on the Rory’s Knoll and Aleck Hill z…