Volume 97 Number 41 Nov 28 - Dec 4, 2011



Editorial: Closing time at Rick’s golden cafe

A big chapter in the corporate life of NovaGold Resources came to a close, with long-time president and CEO Rick Van Nieuwenhuyse bowing out of the company. The charismatic executive will stick around as a NovaGold director and as president of…






Thumbs-up for Stornoway’s Renard project

Stornoway Diamond (SWY-T) has completed a feasibility study of its wholly owned Renard diamond project in Quebec’s Otish Mountains region that shows potential for a robust, long-life operation, albeit at higher capital costs than expected.


Midway pushes Pan to feasibility

Midway Gold’s (MDW-V, MDW-X) new feasibility study for its Pan gold project in White Pine Cty., Nev., shows it’s viable to build at various gold prices.


Analysts question Iberian’s move

Iberian Minerals (IZN-V) has agreed to allow Trafigura Beheer, its largest shareholder, to acquire all of its shares that it doesn’t already own for $1.10 apiece in cash, causing some analysts to question the bid.


Something’s brewing in Idaho

Idaho is becoming a popular mining destination, and with the Fraser Institute recently ranking the U.S. state as the fifth-best jurisdiction in the world for mining, that trend is likely to continue. 



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