Glass Earth sees clear potential in New Zealand
New Zealand is an uncommon destination for gold exploration, but the low-profile presents opportunities for smaller and determined players.
Australia, NZ & South Pacific
Soaring Q2 profits for Uranium One
Uranium One’s (UUU-T) second-quarter profits surged 450% to US$29.7 million, compared to the year-ago period, as revenue nearly doubled.
PNG’s Whittington looks to repeat Farallon success
Vancouver – Having dealt himself out of a job earlier this year, Dick Whittington now has his eyes firmly set on developing an advanced-stage underground gold project in Papua New Guinea.
Joe Conway to lead combined Northgate and Primero
Only a year after Joe Conway took the helm at Primero Mining (P-T), the former Iamgold (IMG-T, IAG-N) president and CEO is set for another big change.
Glass Earth sees clear potential in New Zealand
Vancouver – New Zealand is hardly a major destination for gold exploration, but the low-profile presents possible opportunities for smaller and determined players.
Aldershot Resources adds uranium properties in U.S.
Philip Crabb says he “isn’t phased by the current opinion of uranium” and would, if asked, probably urge critics of the nuclear industry to take a trip to China if they needed any convincing that nuclear energy is the way to go.
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Editorial: Aussie windfall taxes 2.0
Yes, they’re back. And probably here to stay this time. Rebounding from the June 2010 defeat of its proposed 40% “Resource Super Profits Tax” (RSPT) on miners, Australia’s centre-left government has spent the past year developing a more…
Stan Bharti explains Forbes & Manhattan’s market success
Vancouver – Hitting it big with one company during a career spanning more than two decades in the public mining sphere is certainly commendable. Two big market successes might even be considered remarkable. When it reaches three or more,…
Letter to the Editor: Back off Berukoff
As a former Western Editor of your newspaper, I was disappointed to read the Lion One Metals (LIO-V) story (T.N.M., May 2-8, 2011).
Fiji-bound: Lion One hunts for elephants
After 14 unsuccessful years trying to build Cuba’s grandest chain of tourist resorts, North Vancouver stock promoter Walter Berukoff has moved on to a new tropical destination: Fiji. There, he plans to explore and develop a gold project named…
China Minmetals walks from Equinox; Chinalco signs copper JV with Rio Tinto
As China Minmetals turns its back on Equinox Minerals (EQN-T, EQN-A) saying Barrick Gold’s (ABX-T, ABX-N) $7.3 billion offer for the copper producer is above its “most optimistic assessment of value,” another Chinese state-owned company has…