Highland sells loss-making Darasun mine
Highland Gold Mining (HGM-L) has sold its unprofitable Darasun mine in eastern Russia to a private mining company, Yuzhuralzoloto (Southern Urals Gold), for US$25 million.
Articles by Northern Miner Staff
Getting in Early: Pebble Creek Mining
Pebble Creek Mining (PEB-V) of Vancouver is banking on becoming the first foreign company and the first private-sector company to start up a new precious and base metals mine in India in more than fif…
Toronto Stock Exchange August 14-20
The outlook on Bay Street continued to be grim over the Aug. 14-20 trading period. The TSX Composite Index fell another 317.11 points to 13,110.34 for the period, as word that the U.S. subprime mortga…
Luiri Gold shows lustre in Zambia (August 27, 2007)
Just a little more than two months after completing a 4,200-metre drilling program at its Dunrobin and Matala gold deposits in Zambia, Luiri Gold (LGL-V) released new mineral resource estimates showin…
Continental gets positive feasibility for Xietongmen (August 27, 2007)
Vancouver — Continental Minerals (KMK-V, KMKCF-O) now holds a positive feasibility study for its Xietongmen copper-gold deposit in the Tibet Autonomous Region of southwestern China.
New Guinea Gold pours dor at Sinivit
Vancouver — After a remedying a glitch in its recovery circuit, New Guinea Gold (NGG-V, NGUGF-O) has entered the producers club, pouring its first dor from the Sinivit mine in East New Britain provi…
Editorial: Rotten week for miners
Bad news converged on the mining community from every direction during the week ended Aug. 18, the 33rd trading week of 2007.
Disclosure
MINING EXPLAINED
Freewest to go deeper at Clarence Stream
Freewest Resources (FWR-V, FWERF-O) intersected visible gold in all recent drill holes at its Clarence Stream property 70 km southwest of Fredericton, N.B.
Roxmark pulls high-grade gold at Northern Empire (August 27, 2007)
Recent drilling at the Northern Empire property, northeast of Beardmore, Ont., has intersected high-grade gold mineralization.
Barrick buys more of Porgera
Barrick Gold (ABX-T, ABX-N) has bought Emperor Mines'(EMPMY-O, EMP-A) 20% stake in the Porgera gold mine, in Papua New Guinea, for US$250 million, bringing Barrick’s interest to 95%.
Pediment jumps on gold results from Mexico (August 27, 2007)
Vancouver — A trio of strong drill results from the San Antonio gold project, in Mexico, bumped shares of Pediment Exploration (PEZ-V, PEZFF-O) up as much as 46% last month.