Ocampo, meet Young-Davidson
AuRico Gold (AUQ-T, AUQ-N) wants to be the world’s next significant intermediate gold producer, and it has tabled a rich, all share offer for Northgate Minerals (NGX-T, NXG-X) to help it get there.
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.
Mining photo contest winners announced
The winners of the 7th annual photo competition put on by Australia-headquartered mining consultancy Snowden have been announced.
PNG’s Whittington looks to repeat Farallon success
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.
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.
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…