News

Dynatec to operate gold mine

Once the Ken Snyder gold-silver mine is up and running early next year, royalty companies Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) plan to turn over operational management to Toronto-…



COMMENTARY — Miners seeking GSC data

.BMichael ThomasThe regional geophysics section of the Geological Survey of Canada (GSC) focuses on the acquisition, archiving, distribution and analysis of aeromagnetic and gravity data. Historically…


CIM shipshape for boat cruise

The Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum will host its annual boat cruise and Monte Carlo Night on Aug. 19.Boarding of The Northern Spirit at the docks at the f…




Rio Algom posts profits

Despite tough times for base metal producers, Rio Algom (ROM-T) enjoyed a profitable second quarter as it continued to expand both its copper production and its metals distribution business.Earnings t…


Freegold outlines Alaskan targets

Although assays are pending, International Freegold Mineral Development (ILF-V) reports that potentially economic mineralization has been uncovered at its Golden Summit project, 20 miles north of Fair…


Conference to cover global investing

A conference examining the opportunities and pitfalls of international mining operations will be held Oct. 26-27 in London, England.The event, titled “Global Emerging Markets,” will include such topic…


FACTS ‘N’ FIGURES — The rise of gold swaps

The launch of the European Central Bank in July and the approach of European monetary union raise a number of interesting possibilities for gold in the official sector. At the same time, the lack of t…


Placer emergency team helps with cleanup in PNG

An emergency services team from Placer Dome’s 50%-owned Porgera gold mine will remain in the Aitape region on the northern coast of Papua New Guinea to aid victims of tidal waves that destroyed four v…


Sunshine Mining boosts reserves at Pirquitas

Drilling by Sunshine Mining & Refining (SSC-N) has expanded, by nearly 50%, the size of the Pirquitas silver-tin deposit in northern Argentina.The company completed 37,000 ft. of a planned 66,000 ft.,…


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