News

HudBay bids for Norsemont (October 18, 2010)

HudBay Minerals (hbm-t, hbm-n) is looking to venture farther south than it ever has before to acquire its next project. The company has made a friendly $520-million pitch to Norsemont Mining’s (nom-t) shareholders in the hope of nabbing…



An old milling facility near the Semna gold deposit in Egypt. It was once operated by the British but is now one of Alexander Nubia's holdings.

The newest play on the Egyptian gold scene

While Centamin Egypt (CEE-T, CEY-L) has become synonymous with modern gold mining in Egypt, another, much smaller player, is looking to steal a bit of its thunder in the land of the pharaohs.


Geologist Nicole Lasanen stands in front of a drill on hole 21 at the Llama Lake Zone at Sabina Gold & Silver's Back River project in southwest Nunavut.

Sabina rises 260% since May

VANCOUVER — With two new gold zones at Back River and two expanding deposits at Hackett River, Sabina Gold & Silver (SBB-T) is having a fantastic 2010, evidenced by a share price that has quadrup…



Chilean miners’ rescue a glorious success

The amazing story of 33 miners rescued from the San Jose copper-gold mine near Copiapo, Chile, captured the hearts of millions around the world since the mine workings around them collapsed on Aug. 5,…


John F. Kearney is the president of the Northwest Territories and Nunavut Chamber of Mines.

Exploration spikes in NWT, Nunavut

The NWT & Nunavut Chamber of Mines notes that mineral exploration in both the Northwest Territories and Nunavut has increased significantly in 2010 compared to last year.


Conference Board of Canada likes BHP bid

The following is an excerpt from the Conference Board of Canada’s report: “Saskatchewan in the spotlight: acquisition of Potash Corp. of Saskatchewan Inc. — risks and opportunities,” which relates to…



The lithium-brine reserve conundrum

Something to consider when looking at the lithium subsector is that lithium brine “reserves” are noncompliant with Australia’s Joint Ore Reserves Committee and Canada’s National Instrument 43-101 stan…


PEOPLE (October 18, 2010)

AM Gold — Gerald Aberle resigns as president and CEO but remains COO and a director; John Fiorino appointed CEO and a director.


TORONTO STOCK EXCHANGE -October 4-8

The TSX composite index continued to beef up thanks in large part to its strong ties with the commodities sector. For the Oct. 4-8 period, the index gained 160 points to finish up at 12,535.59.


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