News

Drilling on the Fort  la Corne Joint Venture in north-central Saskatchewan. Inset: Core from the 148 kimberlite body.

Shore Gold and Kensington to merge

By agreeing to merge and consolidate their respective holdings in the Fort la Corne diamond district of Saskatchewan, management of both Shore Gold (SGF-T) and Kensington…



Royal Gold basks in record royalty revenues

Vancouver — Robust gold prices and an expanded royalty portfolio allowed Denver, Colo.-based Royal Gold (RGL-T) to post record revenue of US$25.3 million for fiscal 2005, an 18% in…




A Batu Mining camp in Mongolia's Gobi Desert. The company is exploring numerous properties throughout the country.

Mongolia’s Aussie ambassador

Perth, Western Australia — In the aftermath of the Bre-X scandal, Canadian Armand Beaudoin, a fellow prospector working with Aussie Doug McGay in Indonesia, suggested McGay should break camp and head…


Front row, second from left, Zijin Mining Group Chairman Chen Jing He, on his left is Pinnacle Mines President and CEO Andrew Bowering, followed by Pinnacle Mines Chairman Paul Saxton. Pinnacle Director Bradford Cooke is on the far right (with cap). The officers of both companies visited the Silver Coin gold-silver-base metal project, near Stewart, in northwestern B.C.

Pinnacle Mines lands major Chinese partner

Vancouver — Pinnacle Mines (PNL-V) has scored a major coup in the Canadian resource scene by securing a significant investment from a Chinese mining company….




St. Jude boosts Hwini-Butre interest to 90%

Vancouver — St. Jude Resources (SJD-V) has served notice that it intends to exercise its call option on Crew Gold’s (CRU-T) 25% interest in the Hwini-Butre gold…


Mittal’s steely resolve

For typical iron ore producers, the past few years’ fragmentation of its customers — the steelmakers — has placed the miners in a better position to raise prices and fatten their bottom lines….



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