News

Agnico-Eagle agrees to option agreement with Golden Goliath

Agnico-Eagle Mines (AEM-T, AEM-N) and Golden Goliath Resources (GNG-V) have signed a letter of intent for an option and joint-venture exploration and development agreement at the junior’s Las Bolas and Los Hilos properties in northwestern…



SouthGobi Resources inks alliance with Winsway Coking Coal

Shares of SouthGobi Resources (SGQ-T, 1878-SEHK) leapt $1.82 or 15.04% to $13.92 apiece by early afternoon in Toronto on news the company had signed a five-year strategic alliance to sell at least two million tonnes of coal a year to Winsway…



Almaden expands Ixtaca gold-silver zone

Almaden Minerals (AMM-T, AAU-X) has extended the Ixtaca gold-silver zone by more than 100 metres along the interpreted strike with the latest drill results from its Tuligtic project in Puebla state, M…


TORONTO STOCK EXCHANGE -Novenber 22-26

The TSX composite index was off 39 points to 12,892 points for the Nov. 22-26 trading period despite solid data on retail spending and signs of inflation. Along with such bullish indicators came incre…


TSX VENTURE EXCHANGE -November 22-26

The last full week of November saw the S&P-TSX Venture composite index bounce back above the 2,000-point threshold after slipping below it the week before. The index ended up 61.13 points at 2,057…


U.S. MARKETS -November 22-26

The Dow Jones industrial average fell 111.55 points or 1% to finish at 11,092.00, while the S&P 500 index slipped 10.33 points to 1,189.40. Nasdaq added 16.44 points to reach 2,534.56. The Philade…


Lead, zinc in oversupply in 2010: ILZSG

The International Lead and Zinc Study Group (ILZSG) released preliminary data for world lead and zinc supply and demand during the first nine months of 2010. A brief summary is listed in the tables be…


At the Willet Green Miller Centre in Sudbury, from left: Dominic Giroux, Centre for Excellence in Mining Innovation (CEMI) board member and president of Laurentian University; Fred Delabbio, Rio Tinto's general manager of underground mining innovation and CEMI board member; Peter Kaiser, CEMI president and CEO; Rick Bartolucci member of provincial parliament for Sudbury; and John Rodriguez, mayor of Sudbury.

Rio Tinto to create Sudbury research centre

Rio Tinto (RIO-N, RIO-L, RIO-A) has announced it will establish the Rio Tinto Centre for Underground Mine Construction at the Centre for Excellence in Mining Innovation (CEMI) in Sudbury, Ont. The min…


Vatukoula Gold Mines' flagship mine in the northern part of Fiji's Viti Levu Island, within the Tavua basin.

Vatukoula Gold seeks North American listing

Dave Paxton was so convinced he could turn around Fiji’s only gold mine that he left a comfortable job as a mining analyst at Hichens Harrison, London’s oldest stockbroking firm, to put his money wher…


North American Energy acquires Cyntech

North American Energy Partners (NAEP) (NOA-T, NOA-N) has bought Calgary-based Cyntech, a designer and manufacturer of screw piles and pipeline anchoring systems and a provider of tank maintenance serv…


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