Silver Wheaton invests $20.7M in Ventana for rights to future silver production
Silver Wheaton (SLW-T, SLW-N) has agreed to buy $20.7 million worth of Ventana Gold (VEN-T) shares in a p…
News
Rubicon’s F2 gold system returns high-grade intercepts
More drilling at Rubicon Minerals’ (RMX-T, RBY-X) 100%-owned Phoenix project in the Red Lake gold district of …
RX revitalizes Drumlummon mine
SITE VISIT MARYSVILLE, MONT. — The gold dribbles off the shaker table as the various players behind RX Exploration (RXE-C, RXEXF-Q) look on with excitement. Crowding around the machine in…
Initial resource tally for Big Daddy chromite
The Big Daddy chromite deposit in the McFaulds Lake area of northern Ontario is living up to its name as one of the largest and highest grade deposits of its type in the world.
Oyu Tolgoi could be one of world’s biggest mines
An independent study of Oyu Tolgoi shows Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) to have one of the world’s largest copper and gold projects on its hands.
Barker Minerals searches for BC diamonds (May 17, 2010)
VANCOUVER — Many thought Chuck Fipke and Stu Blusson were crazy when Canada’s diamond pioneers tried to convince the world they could find diamond-rich kimberlites in Canada’s Far North.
Nevsun pushes towards production in Eritrea (May 17, 2010)
VANCOUVER — Nevsun Resources (NSU-T, NSU-X) is now more than halfway through building Eritrea’s first mine, on schedule to commission the gold-silver-copper-zinc operation before the year end.
Red Back gets boost from Kinross
Kinross Gold (K-T, KGC-N) is investing $600 million for a 9.4% stake in Red Back Mining (RBI-T). The placement should help finance the expansion of Red Back’s carbon-in-leach (CIL) plant and develop a…
Jinshan’s Dadiangou to be sold to Zhongjin
Jinshan Gold Mines (JIN-T) has agreed to sell its Dadiangou gold project in China’s remote Gansu province to Gansu Zhongjin Gold Mining Co., a subsidiary of Zhongjin Gold.
Golden Queen secures environmental permit
VANCOUVER — Golden Queen Mining’s (GQM-T) Soledad Mountain gold-silver project near Mojave, Calif., finally looks to have environmental approval.
Tax showdown in Oz
While the European debt crisis and all-time record-high gold prices above US$1,200 per oz. grabbed the biggest headlines, the ordinary talk amongst miners continued to be the shocking new tax regime b…
Mincor slams Australia’s mining tax
As Australian Prime Minister Kevin Rudd and his Labor Party argue the merits of their newly proposed Resource Super Profits Tax, the Australian mining industry is gearing up to fight it.