News

A protester opposed to South American Silver's Malku Khota silver project stands in front of a barrier blocking access to the Bolivian presidential palace in the capital La Paz. Photo by Alexis Aubin. al.aphoto@hotmail.com. alexisaubin.blog.com

Bolivian gov’t seizing Malku Khota

The Bolivian government plans to expropriate South American ­Silver’s (SAC-T, SOHAF-O) wholly owned Malku Khota silver-indium-gallium project, the Vancouver-based company announced after markets closed on July 10.South American Silver…




Short position reports

TSX Short Positions                                   Short positions outstanding at July 15/12 (with changes from June…


Women in Mining during last year's Weekend to End Women's Cancers: Agnico-Eagle Mines senior geologist Jane Werniuk (centre) and Investors Group financial advisor Cathy Fletcher (right), with Gina Pace. Photo by Weekend to End Women's Cancers

Women in Mining walking to end cancer

From Sept. 8–9 in Toronto, 10 women representing Women in Mining will participate in the Weekend to End Women’s Cancers benefiting the Princess Margaret Hospital Foundation.The weekend event is part of the “Believe It!”…


People

Bannerman Resources — Mason Hills retired as a director; Ian Burvill appointed  a director.Brazil Resources — Victor Jamarillo appointed technical director; Paulo Espellet appointed senior geologist.Forsys Metals — Rowen…


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 16 July 13 July 12 July 11 July 10   US$ in C 1.0157 1.0151 1.0214 1.0195 1.0203  …


The surface facilities at Goldcorp's Red Lake gold mine in northwestern Ontario. Photo by Goldcorp

Goldcorp sees production shortfalls at Penasquito, Red Lake

A day after Goldcorp (G-T, GG-N) cut its 2012 production guidance, the company saw its share price take a hit.In Toronto on July 11, Goldcorp shares approached a 52-week low of $32.52. They fell $3.74, or 10% to $33.89, on 6.1 million shares…


NovaGold narrows focus on Donlin

NovaGold Resources (NG-T, NG-X) bounced off 52-week lows after announcing it had achieved a number of milestones on the road to developing its Donlin gold project northeast of Anchorage, Alaska. Donlin is one of the largest potential gold…


Cline hit hard by falling coal demand, suspends New Elk ops

Global economic woes stemming from the Euro crisis and slowing industrial activity in some of the world’s largest economies are taking a toll on coal producers, with Toronto-based developer Cline Mining (CMK-T) halting operations at its…



Papua New Guinea scaring off miners

Aldridge Minerals (AGM-V) has added its name to a growing list of mining companies leaving or looking to leave Papua New Guinea (PNG).The company will abandon its Kili Teke gold-copper property in the country now that its licence renewal…


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