Mexivada Signs Diamond Deal In Sierra Leone
The 968-carat “Star of Sierra Leone” diamond was discovered in 1972 — just a few miles north of where Mexivada Mining (MNV-V, MXVDF-o) will soon start its alluvial diamond mining operations.
News
Northern Dynasty, Anglo Update Pebble Resource
Vancouver — As Northern Dynasty Minerals (NDM-T, NAK-x) and Anglo American (AAUK-Q , AAL-l) move the Pebble copper-gold-molybdenum property in Alaska foward, the partners have released an updated res…
Suppliers News: Abb Adds Ber-mac Electrical To Its Ranks
Zurich, Switzerland-based power and automation technology company ABB Inc. (ABB-n) has acquired Calgary-based Ber-Mac Electrical and Instrumentation, expanding the Swiss multinational’s services in We…
Correction (December 22, 2008)
In the story “Second time’s the charm at Boyongan” ( T. N. M., Dec. 8-14/08), we inaccurately stated that Philex Gold is purchasing a further 50% interest in the Boyongan project from Anglo American. …
Editorial: Code Red For Rio Tinto
Rio Tinto’s debt pangs grew acute during the week ended Dec. 13, the fiftieth trading week of 2008. They were set off this time around by the late November collapse of BHP Billiton’s drawn-out hostile…
COMMENTARY: Ontario A Leader In Partnerships With First Nations Communities
The following article was written by the Ontario Mining Association.
Iamgold Spies Opportunity Amidst Market Turmoil
Iamgold (IMG-T, IAG-n) continues to make the most of a slumping market in its effort to become a leading mid-tier gold producer.
Cracking The Mystery Of The Matoush Mineralization
SITE VISIT Chibougamau, Que. — The Matoush uranium deposit is unlike any other. It’s not an unconformity deposit, such as those in Saskatchewan’s Athabasca basin,…
Mongolia Sends Positive Signal To Foreign Miners
Mongolia’s parliament has voted to set a February 2009 deadline for completing a long-awaited draft investment agreement for Ivanhoe Mines (IVN-T, IVN-n) and Rio Tinto’s (RTP-N, RIO-L) massive Oyu Tol…
Rusoro Makes Formal Bid For Gold Reserve
Rusoro Mining (RML-V, RMLFF-o) says its unsolicited takeover bid for Gold Reserve (GRZ-T, GRZ-x) offers a “compelling premium” and would create the “premier” Venezuelan gold company. But Gold Reserve …
Freeport-McMoRan To Run Lean In 2009
Vancouver– Freeport- McMoRan Copper & Gold (FCX-n) is making deep cuts to capital spending, nixing its dividend and chopping copper production by 5% in 2009 and by 11% in 2010.
Selwyn Strikes More High-Grade Zinc-Lead
Vancouver — Results are rolling in from a summer exploration program at Selwyn Resources’ (SWN-V, SWNLF-o) namesake project in the east-central Yukon, revealing new zones in the zinc-lead-rich Don Va…