ARMZ to take control of Uranium One
Russian state-owned miner JSC Atomredmetzoloto (ARMZ) has signed a deal to acquire a majority stake in Uranium One (UUU-T) in exchange for its interest in two uranium mines in southern Kazakhstan and …
News
US Gold expands El Gallo (June 21, 2010)
As US Gold (UXG-T, UXG-X) awaits the results of an initial resource estimate for its El Gallo silver project in Sinaloa state, Mexico, ongoing drilling on the Main zone is showing that mineralization …
Crystallex sells slice of Las Cristinas dream
Unable to get any traction on developing the fiercely disputed Las Cristinas gold deposit in Venezuela, Crystallex International (KRY-T, KRE-X) has sold two-thirds of its contested operatorship, appar…
Ur-Energy gets permits, cash
Ur-Energy (URE-T, URG-X) continues to drive towards production at its Lost Creek uranium project in Wyoming’s Great Divide basin.
Editorial: Cananea retaken
While copper prices continued to weaken substantially in early June, falling again below US$3 per lb., there were significant new copper developments on the supply side.
Hong Kong Exchange’s new rules for miners
HONG KONG, CHINA — Hong Kong Exchanges and Clearing Ltd. has published its Consultation Conclusions on New Listing Rules for Mineral Companies for both the Main Board and Growth Enterprise Market, an…
Letter to the editor
LETTER TO THE EDITOR
Canadians charged in gold-mining Ponzi scheme
Four Canadians and two Americans have been charged by the U.S. Securities and Exchange Commission (SEC) for their roles in leading a US$300-million international Ponzi scheme that involved what looks …
University of Nevada gets boost from gold miners
Barrick Gold (ABX-T, ABX-N), Goldcorp (GG-T, G-N) and Newmont Mining (NMC-T, NEM-N) have donated US$2.4 million to the University of Nevada, Reno’s mining engineering program. The money will help deve…
PEOPLE (June 21, 2010)
Alamos Gold -Eduardo Luna resigned as a director; Anthony Garson appointed a director.
TORONTO STOCK EXCHANGE -JUNE 7-11
The return of investor confidence in a global economic recovery had the TSX composite index finishing the June 7-11 period higher.
TSX VENTURE EXCHANGE -JUNE 7-11
The second week of June did not start well for the S&P/TSX Venture composite index, which fell for the first three days of the June 7-11 period, before managing two days of gains. By the end of th…