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Tuesday, Nov 15, 2011
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Barrick inaugurates Punta Colorada wind turbines
In mid-November in northern Chile, Barrick Gold (ABX-T, ABX-N) officially opened its Punta Colorada Wind Farm, the largest wind power grid ever built by a mining company in the country.
Commentary: Canada’s new CSR Counsellor not feeling the love
If Marketa Evans thought the mining industry would be her biggest critic, imagine the counsellor’s dismay at her efforts being called “toothless,” a “bogus public relations job” and a “cover for business as usual” by the very type of activists,…
Editorial: Closing time at Rick’s golden cafe
A big chapter in the corporate life of NovaGold Resources came to a close, with long-time president and CEO Rick Van Nieuwenhuyse bowing out of the company. The charismatic executive will stick around as a NovaGold director and as president of…
Bear Creek sees rising costs in Corani feasibility study
A feasibility study on Bear Creek Mining’s (BCM-V) flagship Corani project in southern Peru has added slightly to silver reserves, while capital costs have increased 70%.
Tanzanian Royalty hit by fund sell-off
A fund’s liquidation of its holdings in Tanzanian Royalty Exploration (TNX-T, TRX-X) has sent the stock price plunging on Nov. 10
China comes calling on Jaguar
Investors arguing that gold mining stocks are sitting at historically low valuations were given a serious boost to their case, in the form of the sector’s latest takeover offer.
Rio Tinto, Cameco lock horns over Hathor
The battle over Hathor Exploration (HAT-T) and its Roughrider high-grade uranium project in the Athabasca basin continues to heat up, with Rio Tinto (RIO-N, RIO-L, RIO-A) trumping Cameco’s (CCO-T, CCJ-N) latest offer.
Lake Shore boasts 6.4M oz. resource
Timmins-focused junior Lake Shore Gold (LSG-T, LSG-X) had been aiming for a 6-million to 8-million-oz. gold resource by early next year. But the company has already achieved this goal by tabling initial resources for its Thunder Creek and…
Molycorp’s Mountain Pass: A made-in-America solution
In late October Molycorp (MCP-N) bused journalists from Fortune, Wired, Mother Jones and The Northern Miner, among others, down Interstate Highway 15 from Las Vegas to meet president and chief executive Mark Smith and tour the company’s…
Platinum Group makes new Bushveld discovery
Vancouver – Platinum Group Metals (PTM-T) has hit high grade precious metal intercepts in an area north of the previously mapped Bushveld Complex in South Africa.