New discovery at Amaruk proves diamond-bearing
While microdiamond results are positive for the first of four new kimberlites discovered last year by Diamonds North Resources (DDN-V, DDNFF-O) on the Amaruk property in the Pelly Bay area of Nunavut,…
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Strateco’s hits attract juniors to Otish
Success in drilling new mineralization at the Matoush uranium prospect in the Otish basin of Quebec has drawn a number of junior companies eager to try and find a lookalike in the Proterozoic sediment…
Study says Maskwa has the stuff
A preliminary economic study on the Maskwa nickel-copper deposit in eastern Manitoba says higher metal prices have justified a higher resource figure.
Back to Lynn Lake
It’s been a tough sell to institutional investors, but Independent Nickel (INI-V, INIFF-O) of Sudbury, Ont., has raised the money needed to proceed with an ambitious drill program at the Lynn Lake nic…
High on Tibet
SITE VISIT Shigatse, Tibet Autonomous Region, China — With the Chinese government looking to use Continental Minerals’ (KMK-V, KMKCF-O) Xietongmen copper-gold deposit as a template for future foreign mining deals…
GlobeStar sees opportunity in DR
SITE VISIT Santo Domingo, Dominican Republic — When Bill Fisher, chief executive of GlobeStar Mining (GMI-T), first arrived on the tropical shores of the Dominican Republic, the weather may have…
NEPA process a litigation gauntlet
Vancouver — Anti-mining activists in the United States carry briefcases instead of placards these days, and are racking up victories through the National Environmental Policy Act (NEPA) — the federa…
Marathon PGM cuts high-grade
The two highest concentrations of precious metals drilled to date in the Coldwell intrusive complex in north-central Ontario have been intersected in recent drilling by Marathon PGM (MAR-T, MRPGF-O).
Record earnings for Newmont in 2006 (March 05, 2007)
Vancouver — The world’s number two gold producer, Newmont Mining (NMC-T, NEM-N), posted record net income of US$791 million (US$1.76 per share) in 2006, topping its previous year’s performance of US$…
How to model windfall profits taxes
Commentary In planning a new mine, engineers can draw on a wealth of long-established procedures to prepare a finely detailed study to track construction and operating costs down to the…
Editor’s Picks: the Week’s Top Mining Stories
Even as new record, nominal highs for uranium and nickel prices were being set in the week ended Feb. 24, it was organized labour action in Canada’s railyards that grabbed the most focused attention o…
BC boosts tax credit for exploration in beetle-kill zone
Vancouver — British Columbia is using tax credits in a bid to spur mineral exploration spending in vast areas of the provincial forest that are being ravaged by an infestation of Mountain Pine Beetle…