Rio revisits Saskatchewan’s potash scene
Rio Tinto (RIO-N) is investing back into potash, after selling its potash interests in Canada and Argentina to Vale (VALE-N) for US$850 million in 2009 to help pay off its debt during the 2008-09 recession.
2011
Nevada copper lures Enexco south
Having some money kicking around from the old uranium boom days has its advantages.
Allana Potash adopts shareholder rights plan
In an effort to discourage any unsolicited and unfair takeover bids Allana Potash (AAA-T, ALLRF-O) announced yesterday that it is adopting a shareholder rights plan. But the company emphasized that while it is in talks with various strategic…
Plunging gold prices knock down the TSX, Sept.19-23
It was a horrendous trading week for the Canadian markets as prices for gold and silver crashed.
Vista Gold boosts resources at Mt. Todd
Vista Gold (vgz-t, vgz-x) is on a move to bring its Mt. Todd gold project in Australia’s Northern Territories to feasibility and permitting.
Wall Street was a sea of red, Sept. 19-23
It was a disastrous week on Wall Street as mounting fears about the possibility of a double-dip recession pummeled U.S. equities. Continued anxiety over debt in Europe and sobering comments from the U.S. Federal Reserve contributed to the…
A Mutiny at Gullewa
The Gullewa project in Western Australia has attracted some interest of late both for its high grade gold, silver and copper mineralization and for the wheeling and dealing being done around it. The project had, just a short time ago, been the…
Commentary: Resource Development and Indigenous Peoples – Finding the path to co-operation
The following is an edited portion of a speech given in Toronto in early September by Assembly of First Nations National Chief Shawn Atleo at a joint luncheon of the Law Society of Upper Canada and the Indigenous Bar Association. For the full…
Mandalay looks for discounted properties
The strategy at gold and antimony producer Mandalay Resources (MND-T) is to find assets that can generate enough cash to grow themselves as well as fund the next acquisition. So far, that strategy appears to be working at the…
Venture falls to 13-month low during Sept. 19-23
Vancouver – The S&P TSX Venture Exchange Index lost a dismal 216.77 points during the Sept. 19-23 period, falling to a 13-month low at 1,534.18 points. The index declined on all five days as European debt worries and slower-than-expected…
8 new mines to open in BC by 2015 – but which ones are they?
Vancouver – British Columbia’s new premiere, Christy Clark, unveiled a new jobs plan for the province on Sept. 22. Long on rhetoric and short on details, the plan is titled, “Canada Starts Here,” a coy reference to how B.C. is both Canada’s…
Precious Metals Summit stakes its claim as destination number one for juniors
Think of a mining conference in the latter half of the year and your mind probably goes to the Denver Gold Forum – which remains one of the premier mining destinations on the calendar year. And while there are no shortage of top level…