News

RCMP investigates Cardero’s activities in Ghana

Despite promising early results from its Sheini iron ore project in Ghana, Cardero Resource (CDU-T) could be facing a few legal headaches.The Royal Canadian Mounted Police (RCMP) has launched an investigation into how Cardero won the…


People

Allana Potash — Richard Kelertas appointed senior VP of corporate development.American Vanadium — Ron Espell appointed  VP of environmental.Atico Mining — Fernando Ganoza appointed CEO.Augusta Resource — Raghunath…


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 2 June 29 June 28 June 27 June 26   US$ in C N/A 1.0191 1.0333 1.0257 1.0265  …


Gran Colombia builds up Marmato

Gran Colombia Gold (GCM-T) has boosted the resources at its Marmato gold project in Colombia, although it cost a bit of grade to do so.The company says measured and indicated resources stand at 409.7 million tonnes grading 0.9 gram gold…


A driller at Almonty Industries' Los Santos tungsten project in western Spain, 50 km from Salamanca. Photo by Almonty Industries

Almonty Industries: Black’s second act?

Almonty Industries (AII-V) may be a relative newcomer to the TSX Venture Exchange — it listed just nine months ago — but the junior tungsten producer is probably better known in the industry for its depth of management. CEO Lewis…


Orbite to produce alumina, rare earths in 2013

Orbite Aluminae (ORT-T) has been busy proving that its patented technology to extract alumina from clay, bauxite and red mud — the residue left from traditional extraction processes — works on a large-scale. It plans to…


At MAG Silver and Fresnillo's Juanicipio silver project in Mexico, from left: Canaccord Genuity analyst Nicholas Campbell; MAG Silver founder and director Peter Megaw; Cinco de Mayo project manager Jim McGlassen; and Macquarie Securities analyst Michael Gray. Photo by MAG Silver

MAG Silver sings Juanicipio’s praises

In a conference call on June 14, MAG Silver’s (MAG-T, MVG-X) president and CEO, Dan MacInnis, enthusiastically described the company’s Juanicipio polymetallic project in Mexico as “bulletproof” and “one of —…


New Gold starts up New Afton in BC

New Gold (NGD-T, NGD-N) has brought a fourth mine online with the timely start-up of its New Afton gold-copper mine near Kamloops, B.C.  The Vancouver-based producer says the first ore from the newly minted underground mine was processed…


Editorial: Fleece Navidad

At the halfway mark of the year, the political difficulties are starting to pile up for North American and European explorers and miners operating in several Latin American countries. But front and centre these days is Argentina, with its rich…



Bolivian President Evo Morales.

Bolivian gov’t seizes Glencore’s Colquiri mine

The Bolivian government’s recent decision to ­nationalize Glencore International’s (GLEN-L)Colquiri lead-tin mine “will pose a number of serious questions relating to the government’s future policy towards foreign…


Centerra drops as Kyrgyz gov’t reviews Kumtor

Centerra Gold (CG-T) plunged more than 30% on June 22, as the Kyrgyzstan parliament debated the fate of the company’s Kumtor gold project in the country while investors worried about the possibility of Centerra losing its mining…


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