Editorial: Oil, metals and Russia’s triumph
The geopolitical scene is being dominated by the hot war that erupted between Georgia and Russia last week, which h…
Africa
Oromin tallies Sabodala resource
Oromin Explorations (OLE-V, OLEPF-O) has reported an initial inferred resource estimate totalling 1.4 million oz. gold at its Sabodala project in eastern Senagal.
Editorial: Teck, Goldcorp, find there’s no place like home
With Canadian miners running into all sorts of problems overseas dealing with greedy and at times openly hostile governments, assets back home in the Great White North are looking better each year, ev…
UPDATE:Xstrata wants Lonmin’s platinum
Xstrata (XSRAF-O, XTA-L) wants to widen its reach in its efforts to become the world’s pre-eminent diversified mine…
Xstrata signals faith in platinum
Xstrata (XSRAF-O, XTA-L) has signaled its faith in the platinum market by making a $10 billion pitch for London-bas…
Western Bushveld feasibility tackles South African power issues
A feasibility study for Platinum Group Metals’ (PTM-T, PLG-X) Western Bushveld joint venture in South Africa proposes producing 160,000 oz. platinum per year for at least nine years, plus palladium, r…
Historic Q2 can’t lift Etruscan’s shares
Although its second quarter represented a historic time for Etruscan Resources, (EET-T, ETRUF-O), the company has failed to gain any market traction from second-quarter results that saw its Youga gold…
High River Gold buys remainder of Prognoz silver project in Russia
High River Gold Mines (HRG-T) is snapping up the remaining 50% stake in the Prognoz silver project in the Republi…
Banro reports strong intercepts at Twangiza in the DRC
Assay results from an additional 30 core holes drilled at Banro’s (BAA-T, BAA-X) Twangiza project on the Twangiza-N…
Barrick posts strong results despite inflationary pressures
Despite a 91% jump in oil prices, which averaged US$124 per barrel in the second quarter compared with US$65 per ba…
Newmont keeps tight grip on costs; strong second-quarter results
Despite industry-wide challenges of escalating operating and capital costs, Newmont Mining Corp. (NEM-N) says its s…
UAE pours oil money into mining
In an effort to shield itself from escalating costs of infrastructure-related materials, the government of Ras Al Khaimah, a part of the United Arab Emirates (UAE), has set up what may become the firs…