Volume 97 Number 47 Jan 9 - 15, 2012

A drill crew at work at Transition Metals' Haultain gold project near Kirkland Lake, Ontario. Photo by Transition Metals

McLean’s Transition to gold

When Scott McLean packed up and left Xstrata (XTA-L) after a long and fruitful career with Falconbridge, he knew exactly what he wanted to do with his time: find another world-class mine.






Drill rigs at HudBay Minerals and VMS Ventures' Reed copper project in Manitoba. Photo by VMS Ventures

HudBay to build Reed copper mine

The board at HudBay Minerals (HBM-T, HBM-N) has agreed to develop the high-grade, near-surface Reed copper deposit in Manitoba into a mine. Production of copper in concentrate is expected to average 17,000 tonnes per year over the five-year…



Welsh gold: The ‘rarest gold in the world’

If you’re ever looking for expensive gold jewellery – not just any old gold jewellery, mind you, but with gold of such fine quality and such rarity as befits a royal family – you might want to consider having it made of Welsh gold.


An open pit at Gold-Ore Resources' Bjorkdal gold mine 750 km north of Stockholm, Sweden. Photo by Ian Bickis

Gold-Ore and Astur Gold to merge

Vancouver-based juniors Gold-Ore Resources (GOZ-T) and Astur Gold (AST-V) are joining forces to form a single, European-focused  company with a producing gold mine and another gold project with upside.


People

Alcoa – Mark Davies appointed president of global business services.




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