End in sight for Sudbury strike
It looks like the bitter and dogged strike in Sudbury, Ont., that has stretched on for almost a year might soo…
News
New Pacific Metals hopes to acquire debt-ridden Tagish Lake Gold
Shares of indebted Tagish Lake Gold (TLG-V) soared 50% to 6¢ apiece with 6.39 million shares changing han…
Anglo American sells Australian coal assets
London-based Anglo American (AAL-L) is selling its stakes in five undeveloped coal assets in Australia to a …
U.S. equities clobbered in the June 28-July 2 trading week
It was a slaughter for U.S. equities in the June 28-July 2 trading week as anxiety mounted about the likelihoo…
Site visit: Anfield believes in Guatemalan nickel
EL ESTOR, GUATEMALA — “Our business plan is very simple — we want to do what we did with Lumina,” says David Strang, chairman of Anfield Nickel (ANF-V).It sounds easy, just repeating something that you already managed once.The reality is…
Landmark hearing for Pacific Rim at World Bank arbitration centre
Pacific Rim Mining (PMU-T, PMU-X) wants its money back: all US$77 million of it. The Vancouver-based mining company is embroiled in a dispute with the government of El Salvador over the country’s fail…
Where should investors spend, if not gold?
If you ask economist William Gamble which metals he believes have the most upside over the next two years his answer is an unequivocal “None whatsoever.”
Guatemala to suspend Goldcorp’s Marlin
The Guatemalan government has announced plans to suspend mining at Goldcorp’s (G-T, GG-N) contentious Marlin gold mine over concerns the mine may be contaminating the local water supply. But it appear…
Olympus raises US$21.9M for gold plant
Southeast Asian gold producer Olympus Pacific Minerals (OYM-T, OYM-A, OLYMF-O) has become one of the first companies to develop and present a syndicated gold loan offering through a brokerage firm.
Centamin’s Sukari tops 14M oz. gold
Over the last several years, Centamin Egypt (CEE-T, CEY-L) says it has clocked an average discovery rate of about 500,000 oz. gold per quarter — not bad for a company focused entirely on Egypt, a cou…
Rudd’s fall stokes miners’ optimism
The swift and surprising ouster of controversial Australian Prime Minister Kevin Rudd brought with it new hopes for miners that the dreaded Resource Super Profits Tax (RSPT) proposal in Australia can …
Financing the future of exploration
The following is an edited and condensed version of a presentation given by incoming Prospectors and Developers Association of Canada (PDAC) president, Scott Jobin-Bevans to the Association of Mining …