McVicar goes shopping
Armed with around $2.8 million from a recent private placement, McVicar Resources (MCV-V, MCVRF-O) has picked up a group of Chinese gold and molybdenum properties….
Asia
Mill changes pay off for GobiMin
Venture-listed GobiMin (GMN-V, GMNFF-O) posted earnings of US$879,000 on revenue of US$3.5 million in the quarter ended June 30, a net result of US1.4 per share….
China hires 70,000 safety inspectors for coal mines
The state-owned People’s Daily Online is reporting that some 70,000 miners have been recruited by Chinese coal mines to work as mining safety supervisors, a move by the All-China Federation of Trade U…
McVicar goes on Chinese shopping spree
Armed with around $2.8 million from a recent private placement, McVicar Resources (MCV-V, MCVRF-O) has picked up a …
QGX weathering Mongolia’s tax storm (August 25, 2006)
It takes a lot of blood, sweat and tears to develop a deposit in a young democracy. Sometimes all the work gets rew…
Freeport earnings up on higher prices (August 20, 2006)
Despite lower copper and gold production from the Grasberg operation in Indonesia, higher metal prices let Freeport-McMoRan Copper & Gold (FCX-N) make net income of US$367 million on revenue of US…
Vietnam rising
It has been 20 years since Vietnam decided to loosen its totalitarian grip on the economy and open its arms to foreign investment. The policy change was dubbed “Doi Moi,” or “Renovation” in 1986, and…
Mindoro stays the course in the Philippines
Vancouver — Philippines-focused metals explorer Mindoro Resources (MIO-V, MNODF-O) has undertaken an ambitious program of drill-testing on several prospects in its large portfolio of precious and bas…
Newmont’s Uzbek joint venture declared bankrupt
The Uzbek Navoi Economic Court has imposed “supervisory measures” and installed a temporary administrator as part o…
The Uzbek taxman cometh (August 14, 2006)
The government of Uzbekistan has seized some gold and banned further shipments of the yellow metal from Newmont Mining’s (NMC-T, NEM-N) 50%-owned Zarafshan heap-leach operation in the Kyzylkum desert,…
The Uzbek taxman cometh (August 03, 2006)
The government of Uzbekistan has seized some gold and banned further shipments of the yellow metal from Newmont Min…
Freeport earnings up on higher prices (July 19, 2006)
Despite lower copper and gold production from the Grasberg operation in Indonesia, higher metal prices let Freeport…