Crocodile reaches commercial production at Union Reefs
After having its first gold pour six months ago, Crocodile Gold (crk-t) has reached commercial production at i…
News
Prophecy Resource makes headway in Mongolia
Prophecy Resource’s (PCY-V, PCYRF-O) Ulaan Ovoo coal project in Mongolia is expected to be in production this …
Teck goes ahead with Aqqaluk (May 31, 2010)
VANCOUVER –After months of uncertainty, Teck Resources (TCK. B-T, TCK-N) has said it will develop the Aqqaluk deposit at its Red Dog zinc mine in northwestern Alaska.
Goldcorp defends mining practices (May 31, 2010)
While Goldcorp (G-T, GG-N) discussed plans for production growth and dividend increases at its annual shareholders’ meeting in Toronto on May 19, much of the conversation surrounded the gold miner’s p…
Cliffs makes play for majority stake in Big Daddy
A battle for control over the high-grade Big Daddy chromite deposit in the McFauld’s Lake area of nor thwes tern Ontar io has erupted. For the moment, it looks like KWG Resources (KWG-V) and Spider Re…
SouthGobi looks to reverse slide
Realigning an open-pit mine and large losses have dampened the recent market enthusiasm for SouthGobi Resources (SGQ-T) and its Ovoot Tolgoi coal project in Mongolia.
Argentinian porphyry attracts Peregrine Metals (May 31, 2010)
Peregrine Metals (PGM-T) is fast-tracking a preliminary economic assessment (PEA) on a solvent extraction-electrowinning (SX/EW) copper heap-leaching operation for its near-surface higher-grade copper…
B2Gold expands potential of Nicaraguan gold mines (May 31, 2010)
VANCOUVER — B2Gold (BTO-T) has hit long and high-grade gold intercepts as part of a drill program to extend the life of its 100%-owned La Libertad open-pit gold mine in central Nicaragua.
Commodities sink in jittery markets
The twentieth trading week of the year was characterized by a wide retreat in commodity prices as doubts grew regarding the health of the global economy in the face of continued sovereign debt problem…
Who will follow Australia’s lead on mining tax? (May 31, 2010)
The global mining team at UBS Investment Research is fingering Brazil, the Democratic Republic of the Congo (DRC) and Mongolia as “potential early adopters” of taxes similar to Australia’s proposed ne…
Western Copper denial justified
In regards to the article “Western Copper permit denial casts shadow on Yukon permitting process” ( T. N. M., May 24-30/10), the record needs to be set straight.
Industry donates $11M to BC Museum of Mining
VANCOUVER –The mining industry in British Columbia is constantly fighting an image battle, trying to convince the wider public that the industry’s environmental practices have improved dramatically i…