Thunderwood, Joutel propose merger
Thunderwood Resources (THS-T) and Joutel Resources (JTL-T) have agreed in principle to merge their assets.The proposed deal would see shareholders of each company receive one share of the merged compa…
News
Samax, Semafo team up in Ghana
London-based Samax Gold (SMX-T) will team up with Montreal-based Semafo (SMF-T) to develop the latter’s Ebi-Teleku Bokazo gold property in southwestern Ghana.An agreement-in-principal would see Samax …
Quebec passes Law 182
Bringing to a close two years of review and consultation regarding the provincial mining act, the Quebec national assembly has passed legislation that simplifies the process of acquiring mining rights…
Kazakstan sending mixed signals to mining sector
The Kazakstani government has drafted a bill aimed at simplifying regulations for gold miners, but has scrapped value-added tax (VAT) exemptions for foreign companies operating there.The proposed legi…
NEW HORIZONS — Silver and DNA
Israeli physicists are developing a technique that allows DNA molecules to build electronic circuits, and are using extremely thin silver wires as bridges between the molecules.If the technique is per…
Samax discovers more gold at Kukuluma in Tanzania
Samax Gold (SMX-T) has discovered a third gold deposit at its wholly owned Kukuluma property in the Geita region of northern Tanzania.The new deposit, called Matandani, lies in a previously unexplored…
Etruscan intersects gold at Datambi
Etruscan Resources (EET-T) has announced results from its Datambi permit in northeastern Burkina Faso, even as Channel Resources (CHU-T) spurns a takeover bid.Channel’s board announced it would “vigor…
Scoping study completed at Twin Gold’s Atlanta
A feasibility study is under way at the Atlanta gold project near Boise, Idaho, and operator Twin Gold (TWG-T) says it is in discussions with several sources regarding financing.A recently completed s…
Resource boosted at Santa Gertrudis property
Campbell Resources (CCH-T) has made significant advances at its Santa Gertrudis gold property in Mexico’s Sonora state, both through exploration drilling and the acquisition of adjacent gold prospects…
Western Copper advances projects
The latest results from a series of eight infill holes continue to confirm the continuity and grade of the San Nicolas polymetallic deposit in the central Mexican state of Zacatecas.The holes were com…
Mar-West drilling tests Cerro Blanco discovery
Encouraged by results to date from the Cerro Blanco gold discovery in southeastern Guatemala, Mar-West Resources (MSR-V) is planning its next phase of drilling.Cerro Blanco is a hot spring gold prospe…
COMMENTARY — Benefitting from transfer pricing
The Canadian government has been tightening up its transfer pricing regime in an effort to bolster the Canadian fiscal position.The price charged by one affiliate of a multinational to another, across…