Editorial: More pain, no gain
The week ended Oct. 4, the 40th trading week of 2008, was again characterized by global economic uncertainty stemming from the U. S. banking crisis. Miners and mineral explorers are now feeling the pa…
News
Xstrata drops Lonmin offer, then stocks up
The same day that it dropped a hostile US$10-billion bid for Lonmin (LNMIF-O, LMI-l), Xstrata (XSRAF-O, XTA-l) increased its stake in the platinum miner to nearly 25% — buying 22.2 million shares at …
Gammon Gold bouncing back
The evolution of Gammon Gold (GAM-T, GRS-x) from a small junior exploration company to a mid-tier gold and silver producer was a nice growth story — at first.
Goldcorp touts large, low-cost Penasquito project
Just two years after acquiring its Penasquito property in Mexico, Goldcorp (G-T, GG-n) poured its first gold from the project’s oxide circuit and expects the planned open-pit mine to reach full produc…
Mexico ranks tops in mining potential on Fraser Institute survey
Sometimes numbers can tell a story best and certainly that is the case when it comes to Mexico’s mining industry.
Nayarit rides drilling success at Orion
Vancouver — While most others go to slaughter in the market, Nayarit Gold (NYG-v) has bucked the trend and instead found rich pasture in its parallel Del Norte and Animas veins at its Orion gold-silv…
Livengood gets bigger for Tower Hill (October 13, 2008)
Vancouver — The latest set of drill results from International Tower Hill Mines’ (ITH-V, THM-x) Livengood property, about 120 km northwest of Fairbanks, Alaska, has expanded the Core zone mineralized…
Commentary: Economic turmoil: a headhunter’s perspective
As an executive recruiter within the mining industry, I have experienced a very troubling phenomenon over the last four months or so: my phone has been ringing off the hook.
Iamgold says Euro bid timely
Gold miner Iamgold’s (IMG-T, IAG-n) chief executive, Joseph Conway, says the current economic environment makes the company’s all-cash bid for gold royalty company Euro Ressources (EUR-T, EUR-e) an at…
Copper ‘the real gold’
Describing many of the world’s current copper projects as “old ladies waiting in bed to die,” Robert Friedland, chief executive of Ivanhoe Mines (IVN-T, IVN-n), told analysts and investors at the Denv…
Infinito Gold looks to unlock Costa Rica’s mining potential
SITE VISIT San Jose, Costa Rica — When prospector Tim Coates wanted to head up into these tropical rainforests in Costa Rica’s northeastern zone back…
Asian Mineral shelves Vietnamese nickel project
Market conditions, higher export tariffs and lack of capital are preventing Asian Mineral Resources (ASN-V, AIERF-o) from developing the first nickel mine in Vietnam.