Gleichen To Buy Teck’s Morelos
VANCOUVER — Teck (TCK. B-T, TCK-N) has agreed in principle to sell its 78.8% stake in the Morelos gold property to junior explorer Gleichen Resources (GRL-V, GRLFF-O) for US$150 million and a 4.9% in…
News
Uranerz Reports Resource For Arkose
The Pumpkin Buttes are a series of small buttes or steep-sided hills several hundred feet high in the central portion of Wyoming’s Powder River basin — a district well known for hosting roll-front-ty…
Lundin’s Rebound Buoys HudBay
VANCOUVER– HudBay Minerals’ (HBM-T, HBMFF-O) failed bid to acquire Lundin Mining (LUN-T, LUNMF-O) in the spring led to a nasty boardroom battle and then new leadership for the mid-tier Canadian miner…
Costs Down For FNX In Q2
Cost cutting was the key to FNX Mining’s (FNX-T, FNXMF-O) second- quarter success.
ATW Gold Targets Gold-Copper At Gullewa
VANCOUVER — As part of a confirmation and stepout drill program at its Gullewa project in Australia, ATW Gold (ATW-V, ATWGF-O) has hit a 28-metre intercept grading 1.54 grams gold per tonne, 1.5 gram…
Crescent Gold Expands Laverton
Although Crescent Gold’s (CRA-T, CRE-A) Barnicoat mill in Laverton, Western Australia, will remain on care and maintenance, the company is buying up nearby land packages with a production plan in mind…
First Resource For Crosshair’s Bootheel Uranium Project
The state of Wyoming has produced well in excess of 200 million lbs. of uranium oxide and Crosshair Exploration & Mining (CXX-T, CXZ-X) believes its flagship Bootheel project will play a role in b…
How The Toxics Reduction Strategy Could Label Your Drugstore A Dangerous Place
— The following is an article from the Ontario Mining Association.
CBGA III Bullish For Gold
Early August provided some good news for gold bulls in the form of a second, five-year renewal of the landmark Central Bank Gold Agreement (CBGA), now approaching its 10th anniversary.
People (August 24, 2009)
Allied Nevada Gold — Deborah Lassiter appointed director of corporate environmental affairs.
Yamana Steps In To Aid Orphanage
A US$100,000 donation by Yamana Gold (YRI-T, AUY-N) will allow a folding orphanage in Ethiopia to stay afloat until 43 of its children can come to Canada to live with their new families.
Lower Production Hurts Quadra
Second-quarter production was lower than expected for Vancouverbased copper miner Quadra Mining (QUA-T, QADMF-O), and the company’s shares fell as a result.