The power of economic geology
After establishing himself as a geological expert in the world of academia, David Groves has shifted his focus to mining.
Canada
Facts ‘n’ figures: 2011 nearly a record year for mining M&A, says PwC
The following is an edited excerpt from PwC’s report, entitled: On the road again? Global mining 2011 Deals Review and 2012 Outlook. All figures are in U.S. dollars unless otherwise indicated. To see the full report go to…
McEwen charms investors at PDAC
“Gold is money. If you don’t have gold, you better get some,” says Rob McEwen, chairman and CEO of McEwen Mining (MAQ-T, MUX-N), in a corporate presentation at the Prospectors and Developers Association of Canada’s…
La Ronge soars 150% on preliminary results from Preview
Add La Ronge Gold (LAR-V) to the list of junior gold explorers that enjoyed triple-digit percent gains this quarter.
Editorial: McEwen bets on innovation, calls $200 silver
Rob McEwen is known for thinking outside the box, so it wasn’t surprising to learn that McEwen Mining — a company he created in January through the combination of U.S. Gold and Minera Andes, in which he owns a 25% stake — is…
PDAC celebrates 2012 award winners
During this year’s Prospectors and Developers Association of Canada (PDAC) convention, the annual awards evening on March 5 at Toronto’s Fairmont Royal York hotel honoured outstanding contributions and excellence in the minerals…
Nunatsiavut government lifts moratorium on uranium
A measure of certainty mixed with relief has flooded back into the market about uranium exploration in Labrador after the Nunatsiavut government lifted its three-year moratorium on working, producing, mining and developing uranium on lands…
Prophecy Platinum and Ursa Major to merge
Looking to add near-term production potential, Prophecy Platinum (NKL-V) has entered a binding letter of agreement to merge with Ursa Major Minerals (UMJ-T) in an all-share deal.
Claude ups inferred resources by 236%
Shares of Claude Resources (CRJ-T, CGR-X) gained 17% a day after updating its gold reserves and resources on its wholly-owned Seabee gold operation in Saskatchewan.
Aurizon doesn’t budge on positive 2011 financials
Last year was a good year for the company, says George Paspalas, the president and chief executive of Aurizon Mines (ARZ-T, ARK-X), which has been mining the Casa Berardi gold project in Quebec since 2006.
Canadian Environmental Assessment Report echoes government priorities, opposition cries foul
Vancouver — Proposed changes to Canada’s Environmental Assessment Act could streamline and simplify the environmental approval process, much in line with pledges already made by the Conservative government.
Xstrata expands Canadian-coal footprint with Peace River acquisition, agrees to joint venture with JX Nippon
Vancouver — Switzerland-based mining giant Xstrata PLC (XTA-L) has agreed to buy the Sukunka coking coal deposit in the Peace River region of northern British Columbia from Calgary-based Talisman Energy (TLM-T, TLM-N), in a cash-only deal…