Southwestern settles lawsuits for $15.5M
Southwestern Resources (SWG-T, SWGGF-O) has settled the class action lawsuits brought against it last year following news that drill grades in the database of its Boka gold project, in China’s Yunnan …
Canada
Copper Rand mine to close its doors
The Copper Rand mine in Chibougamau, Que., will soon be no more.
From Pine Point, Tamerlane sees beyond metals trough
With commodity prices tumbling all around it, Tamerlane Ventures (TAM-V) has finished a bankable feasibility study for its Pine Point project, in the Northwest Territories, 130 km south of Yellowknife…
Permit delays top concern among mining CEOs
Chief executives of small and mid-cap companies are optimistic about the future of Canada’s mining industry despite frustrations with government red tape, land claim issues and a shortage of skilled w…
NovaGold takes another run at Galore Creek
DENVER, COLO.–After halting construction of its Galore Creek copper and gold mine in British Columbia last November when estimated costs more than doubled to $5 billion, NovaGold Resources’ (NG-T, NG…
Ontario seeks input on Mining Act revisions
While there was some controversy at a recent public meeting in Toronto on changes to Ontario’s Mining Act, there wa…
Queenston carves dominant position in Kirkland Lake
Queenston Mining (QMI-T, QNMNF-O) staked its claims in Canada’s second largest gold camp early and often a strate…
Nyah Resources discovers new zones at Agnew Lake North uranium project
Having completed a 3,500 metre, 11-hole drill program on its 100%-owned Agnew Lake North uranium project, Nyah Reso…
URSA Major starts preproduction at Shakespeare nickel mine
As nickel prices plunge below the US$7-per-lb. range and world stockpiles grow, URSA Major Minerals (UMJ-T) is taki…
Goldcorp suspends mining at Pamour (September 18, 2008)
Goldcorp (G-T, GG-N) has suspended mining at its Pamour gold mine, near Timmins, Ont. According to a Reuters news r…
Young CEO forms company to explore Larder Lake break project
Everything was uranium, uranium, uranium, recalls Natasha Blackburn, president and CEO of Golden Harp Resources (GH…
Metanor looking to expand Barry pit (September 18, 2008)
Results from summer drilling at Metanor Resources’ (MTO-V, MEAOF-O) Barry property could lead to a boost in gold re…