News

People (January 10, 2011)

Alcoa – Russell Wisor retired as VP of government affairs; Keith Walton appointed VP of government affairs.Anfield Nickel – Donald Shumka appointed a director.Bear Creek Mining – Frank Tweddle appointed a director.Bowmore Exploration – Richard…


Maptek technology, expertise key to Chilean mine rescue

The rescue of 33 trapped miners at the San Jose copper-gold mine near Copiapó, Chile, relied on the latest mapping technology and expertise to succeed.Entombed over 700 metres below the surface and 5 km from the mine’s entrance, the…


Key 2010 trends in oil and gas deals

Oil and gas deals in the exploration and production (E&P) sector reached US$73 billion in the last quarter of 2010 with deals for the year totaling US$238 billion, compared with US$151 billion in 2009. The total deal value in Q4 2010 is…


Commodities enter 2011 on uptick

Despite all the geopolitical and economic jitters around the world, 2010 proved to be a sweet year for commodities investors.


Battle for Baffinland heats up

Revised offers in the dwindling hours of 2010 from both Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (mt-n) for junior Baffinland Iron Mines (bim-t) have grabbed the headlines in the first week of 2011. Nunavut Iron Ore,…


Shear rolls back shares, changes name

At the opening bell on Dec. 30, 2010, Shear Minerals began trading on a consolidated basis under the new name of Shear Diamonds (srm-v).At the company’s recent annual meeting, shareholders and the board of directors approved a 10-to-1 rollback…


Technical Analysis: Platinum looks good

In this Technical Analysis Report we re-visit the Commitments of Traders (COT) report, supplied by the U.S. Commodity Futures Trading Commission to see if any metals appear ready to make a significant move.


Coalspur develops Vista project in Alberta

Four months after he was hired as managing director and chief executive of Coalspur Mines (cpt-t, cpl-a) Gene Wusaty was still working out of his home and a local coffee shop in Calgary and putting business expenses on his personal credit card.


Rio offers A$3.9 billion for Riversdale

Vancouver – Rio Tinto (RIO-N, RIO-L) wants more coal: the major has offered A$3.9 billion for Riversdale Mining (RIV-A), an Australian coal company with one mine in operation, one in construction, and one primed for development.



Award-winning actor launches gold explorer in Sierra Leone

With roles in the latest James Bond movies Casino Royale and Quantum of Solace and a parallel career on Broadway, award-winning actor Jeffrey Wright is a busy man. His performances have earned him a Tony, a Golden Globe and an Emmy, but over…


Brigus updates Black Fox (January 07, 2011)

The changes continue over at the Black Fox Mine in the Timmins gold district. The mine, which was formerly run by Apollo Gold, came under new management when Apollo merged with Linear Gold to form Brigus Gold (BRD-T, BRD-X) in June of 2010.


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