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Mexican President addresses tax question

At a gala dinner in Toronto honouring Felipe Calderon, the president of Mexico fielded questions on everything from his administration’s war on drugs to whether the soccer-crazy nation is likely to wi…


Abacus Mining's Ajax west zone at its Ajax-Afton copper project near Kamloops, B.C.

Polish miner agrees to fund Abacus’s Afton-Ajax

Europe’s second largest copper producer KGHM Polska Miedz has agreed to fund up to 80% of Abacus Mining’s (AME-V) Afton-Ajax copper project near Kamloops, B.C., which could be the first of many new pr…



Greystar Resources' high-altitude Angostura gold project in Colombia.

Greystar jumps on Angostura approval

VANCOUVER — Greystar Resources’ (GSL-T) share price soared 44% on news the Colombian government has reversed its recent decision to invalidate the environmental impact assessment (EIS) for Greystar’s…


Artisanal miners pan for gold at Magellan Minerals' Coringa gold project in Brazil's Amazon basin.

A thumbs-up for Magellan’s Coringa

A preliminary economic assessment (PEA) of Magellan Minerals’ (MNM-V) Coringa gold project in Brazil’s Amazon basin, 1,200 km northwest of Brasilia and 995 km southwest of the Atlantic port city Belem…


High-grade uranium for Denison at Athabasca

VANCOUVER — Denison Mines (DML-T, DNN-X) has 20,000 metres of drilling planned for the summer at its 60%-owned Wheeler River project following more high-grade uranium hits this past winter.


Keegan has plans for Ghanaian gold project

VANCOUVER — A preliminary economic assessment for Keegan Resources’ (KGN-T, KGN-X) gold project in southwest Ghana found an open-pit mine at Esaase could produce some 200,000 oz. gold annually for a …


Goodbye ‘Inco’

The end of the Inco era became official in the last week of May, as Vale announced it is killing the name “Vale Inco” for its nickel business. It will now simply be called “Vale.”


STEWART HAMILTON (CENTRE) DEMONSTRATES SEDIMENT SAMPLING TO EARTH SCIENCES STUDENTS ON RAMSAY LAKE IN SUDBURY, ONT., DURING THE 4TH ANNUAL STUDENT-INDUSTRY MINERAL EXPLORATION WORKSHOP. TWENTY SIX OF THE TOP EARTH SCIENCES STUDENTS FROM ACROSS CANADA GATHERED IN SUDBURY FROM MAY 8 TO 22 FOR A TWO-WEEK WORKSHOP ON MINERAL EXPLORATION AND MINING. THE EVENT WAS SUPPORTED BY THE PROSPECTORS AND DEVELOPERS ASSOCIATION OF CANADA.

Killing the golden goose

Chief executives in the mining industry told PricewaterhouseCoopers (PwC) in a recent survey that they feared cash-strapped governments would increasingly look to mining companies as a source of addit…


International Tower Hill to spin off assets

A proposed spin-off transaction that will separate International Tower Hill Mines’ (ITH-T, THM-X) advanced-stage Livengood gold project in Alaska from the company’s earlier stage properties will maxim…


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