Western Copper permit denial casts shadow on Yukon permitting process
Vancouver – The Carmacks copper project in the Yukon looked primed for development, with owner Western Coppe…
News
Denison drills high-grade uranium in Athabasca
Vancouver – Denison Mines (DML-T, DNN-X) has 20,000 metres of drilling planned for the summer at its 60%-owned…
Vale sells assets to Norsk Hydro in $4.9 billion deal
Vale (VALE-N) rmay be locked in a 10-month labour dispute in Canada but it is making headway in Eur…
Silver Wheaton invests $20.7M in Ventana for rights to future silver production
Silver Wheaton (SLW-T, SLW-N) has agreed to buy $20.7 million worth of Ventana Gold (VEN-T) shares in a p…
Rubicon’s F2 gold system returns high-grade intercepts
More drilling at Rubicon Minerals’ (RMX-T, RBY-X) 100%-owned Phoenix project in the Red Lake gold district of …
RX revitalizes Drumlummon mine
SITE VISIT MARYSVILLE, MONT. — The gold dribbles off the shaker table as the various players behind RX Exploration (RXE-C, RXEXF-Q) look on with excitement. Crowding around the machine in…
TORONTO STOCK EXCHANGE -May 4-10
It was a wild ride for the TSX composite index over the May 4-10 period.
TSX VENTURE EXCHANGE -May 4-10
The S&P/TSX Venture composite index dropped during the May 4-10 trading period, following jitters about Greek sovereign debt and wild market trading, possibly caused by runaway computer trading. T…
U.S. MARKETS -May 4-10
A US$1-trillion emergency rescue package to contain Greece’s debt crisis is not a long-term fix for the problems afflicting Europe but was enough to resurrect U.S. equity markets after their biggest-e…
Red Back gets boost from Kinross
Kinross Gold (K-T, KGC-N) is investing $600 million for a 9.4% stake in Red Back Mining (RBI-T). The placement should help finance the expansion of Red Back’s carbon-in-leach (CIL) plant and develop a…
Jinshan’s Dadiangou to be sold to Zhongjin
Jinshan Gold Mines (JIN-T) has agreed to sell its Dadiangou gold project in China’s remote Gansu province to Gansu Zhongjin Gold Mining Co., a subsidiary of Zhongjin Gold.
US$401-M IOC expansion greenlighted
Rio Tinto (RIO-N, RIO-L) stands to be one of the biggest losers if Australia passes a proposed 40% tax on windfall profits on all operating mines in Australia and it appears the U.K.-headquartered min…