Anvil gets big financing from Trafigura
It remains busy days in the Democratic Republic of the Congo’s (DRC) mining sector.Shortly after the governm…
News
Gammon discovers US$10-million accounting error
Gammon Gold (GAM-T, GRS-N), which operates two mines in Mexico, has had its fair share of problems over the la…
Andean Resources expands Bajo Negro gold-silver mineralization
Vancouver – Andean Resources’ (AND-T, AND-A) latest drill hole results extend gold-silver mineralization at de…
Vale strikes in Canada could last into 2010
The head of the Steelworkers Union for Ontario and the Atlantic provinces says it could be four or five months…
New Hurdle For Pebble Project
VANCOUVER — The Pebble deposit in southwestern Alaska is one of the largest undeveloped ore-bodies in the world, home to resources totalling 72 billion lbs. copper, 94 million oz. gold, and 4.8 billi…
U.S. Markets – JULY 28-AUG. 3
U. S. markets enjoyed another buoyant week during the July 28-Aug. 3 reporting period. The Dow Jones Industrial Average climbed 189.84 points or 2.09% to close at 9,286.56. The Standard & Poor’s 5…
Toronto Stock Exchange – JULY 28 -31
Despite marginal gains for the holiday-shortened July 28-31 reporting period, the TSX composite index was playing catch up on Aug. 4, after the S&P 500 broke through the 1,000-point mark for the f…
TSX Venture Exchange – JULY 28-31
On the last day of the truncated July 28-31 trading period, the S&P/TSX Venture composite index had one of its best showings in several months. It gained 32.53 points to close at 1,179.57. The gai…
Newmont Misses Its Q2 Guidance
Higher sales volumes and lower operating costs were the good news for Newmont Mining (NMC-T, NEM-N) during the second quarter.
UEX Boosts Resource At Hidden Bay Property
VANCOUVER — UEX Corp. (UEX-T, UEXCF-O) wanted to define 40 million lbs. of uranium oxide at Hidden Bay in 2009 and, in a new resource estimate for the Athabasca basin property in Saskatchewan, it has…
Barrick’s Regent Sees Broader Mandate
Increasing profits to US$492 million would be good news for many miners. But for Barrick Gold (ABX-T, ABX-N), the bar is set a little higher — and while its second-quarter profits were up from US$485…
Athabasca Potash Up For Sale
VANCOUVER — Athabasca Potash (API-T, ABHPF-O) has made it clear that as part of a strategic review process formed to consider possible partnerships on the Burr potash project in Saskatchewan, it is n…