Victoria Gold Bids For StrataGold
Nevada-focused Victoria Gold (VIT-V, VITFF-O) has made a friendly offer for StrataGold (SGV-T, SAGDF-O) in pursuit of its advanced Dublin Gulch gold project in the Yukon.
United States
Quadra Mining To Buy Centenario Copper
VANCOUVER — Patience has paid off for Quadra Mining (QUA-T, QADMF-O). The Vancouver-based company, which has been quietly stockpiling cash from its Robinson copper-gold mine in Nevada, waiting for th…
Update: Atna primed to pour gold again at Briggs
[adds updated reserve and production numbers]
Record Year For US Mine Penalties
VANCOUVER — Fines for safety violations at American mines soared to an all-time high in 2008. Over the past three years, since former president George W. Bush signed a new mining code into law, the v…
Mesquite Mine Back In The Saddle
With one year of operations at the past-producing Mesquite gold mine under its belt, Western Goldfields (WGI-T, WGW-X) reports it churned out 110,410 oz. gold for 2008, just short of the 117,000 oz. g…
Federal Court Rules For Barrick In Cortez Hills Case
A U. S. judge has ruled against a preliminary injunction that would have halted construction at Barrick Gold’s (ABX-T, ABX-N) Cortez Hills gold project in eastern Nevada, disappointing groups who oppo…
Livengood Grows To 6.8M Oz. Gold For Tower Hill
VANCOUVER — With its Livengood project, 110 km north of Fairbanks, Alaska, International Tower Hill Mines (ITH-V, THM-X) already had a significant gold deposit amenable to bulk-tonnage heap leaching …
Hecla Restructures Debt, Raises US$65.6M
Hecla Mining (HL-N) is juggling debt and issuing shares to help repay a loan it took to buy out its majority partner Rio Tinto (RTP-N, RIO-L) at their co-owned Greens Creek silver mine, near Juneau in…
Victoria Gold and StrataGold propose merger
Nevada-focused Victoria Gold (VIT-V) has made a friendly offer for StrataGold (SGV-V), which has an advanced gold p…
Rio Tinto enters strategic partnership with Chinalco
China’s largest aluminum producer will invest US$19.5 billion in Rio Tinto (RTP-N, RIO-L) through joint ventures an…
Japanese consortium finances Canada’s Uranium One
Uranium One (UUU-T) will raise C$270 million through a private placement with a Japanese consortium made up of Th…
Thompson Creek To Close Moly Mines For A Month
VANCOUVER — Following the lead of other molybdenum miners, Thompson Creek Metals (TCM-T, TC-N) is slashing its production forecast for 2009.