VANCOUVER — On July 31, 1981, nearly 200 geologists and support crews stood speechless along the gravel banks of the remote Toodoggone River in north-central B.C., as a helicopter landed before them alongside the frigid, glacial-fed water.
It’s not every day a company in the mining sector say its project can deliver an internal rate of return (IRR) of more than 300%. But that’s what Gemfields (LSE: GEM) expects of its majority-owned Montepuez ruby deposit in…
The S&P/TSX Venture Composite Index remains near historic lows despite bouncing back slightly during trading, as it jumped 1.8 points en route to a 594.31-point close. Canada’s gross domestic product dropped 0.2% in May, which brings…
VANCOUVER — It may very well be the worst market conditions for explorers, but that hasn’t stopped Wolfden Resources (TSXV: WLF) from mounting a drill campaign across its expansive land position in the heart of…
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) is selling a 50% interest in its wholly owned Zaldivar copper mine in northern Chile to Antofagasta (LSE: ANTO; US-OTC: ANFGY) for US$1 billion in cash. The deal will result…
In a letter to shareholders earlier this year, Amir Adnani, chairman of Brazil Resources (TSXV: BRI; US-OTC: BRIZF), stated that the company’s strategy since its initial public offering in 2011 has been “to take advantage…
OceanaGold (TSX: OGC; ASX: OGC) is offering to buy Romarco Minerals (TSX: R) in a friendly all-share, $856-million deal to secure low-cost growth in the form of the junior’s Haile gold mine, which is under construction in South Carolina.
U.S. President Barack Obama has unveiled his administration’s sweeping plan to curb carbon emissions from U.S. power plants, and the news has domestic coal miners and coal-consuming states squirming.
The following is an edited version of a commentary by Surbiton Associates, an independent consulting group based in Melbourne and specializing in Australian gold mining and minerals industries. Visit www.surbiton.com.au for more…
VANCOUVER — With renewed exploration, Anaconda Mining (TSX: ANX; US-OTC: ANXGF) is laying the groundwork to revitalize its open-pit Pine Cove gold mine, 6 km northeast of the town of Baie Verte in north-central Newfoundland, even as…
VANCOUVER — Rambler Metals & Mining (TSXV: RAB) is looking to upgrade its underground Ming copper-gold mine, 17 km east of the town of Baie Verte on the north-central coast Newfoundland, after positive results from a prefeasibility…
Reservoir Minerals (TSXV: RMC; US-OTC: RVRLF) has reported an 84-metre drill intercept grading 10.8% copper and 10.86 grams gold (17.3% copper equivalent), including 46 metres of 15.9% copper and 16.77 grams gold (25.9% copper equivalent),…
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