NovaGold sells Ambler, mulls further sales
Now that troubled NovaGold Resources (NG-T, NG-X) has found a buyer for the last of its non-core assets, the company says it will consider selling any of its flagship projects in northwestern British …
News
Sherwood and Capstone to merge (September 15, 2008)
VANCOUVER — So long as shareholders at S h e rwo o d Copper (SWC-V, SWOPF-O) bless the marriage, Sherwood and Capstone Mining (CS-T, CSFFF-O) will merge to form a single company with about a half bil…
Soho’s sunny results can’t thaw icy market
VANCOUVER — Like many other juniors, Soho Resources (SOH-V, SHRJF-O) continues to receive a chilly reaction from the market on the release of decent drill results.
Blessed be thy mine: Pope presented with Buffalo Gold chalice
Buffalo Gold’s (BUF-V, BYBUF-O) new connection to Pope Benedict XVI could benefit the company’s future development plans on the Italian island of Sardinia.
TTM’s Chu molybdenum project looks good
VANCOUVER–To offset skyrocketing equipment costs, TTM Resources (TTQ-V, TTMRF-O) took a good hard look at buying used mining equipment in a prefeasibility study of its Chu molybdenum project in centr…
Reserves still on the rise at Pallancata
VANCOUVER–For the second time in five months, International Minerals (IMZ-T, IMZLF-O) and Hochschild Mining (HCHDF-O, HOC-L) have proved up a significant reserve and resource boost at their Pallancat…
Iamgold bids for royalty collector Euro Ressources
In a move to cut cash costs, mid-tier gold producer Iamgold (IMG-T, IAG-N) is making a cash bid for Euro Ressources (EUR-T, EUR-E), a Paris-based company focused on precious metal royalties.
Sulliden drops Shahuindo suit against Century
The last chapter in a bitter, five-year legal battle between Century Mining (CMM-V, CMNZF-O) and Sulliden Exploration (SUE-T, EXSDF-O) over a disputed property in Peru has finally come to an end.
Adanac doles out $26M for new Ruby Creek facilities
Adanac Molybdenum (AUA-T, AUAYF-O) has contracted Edmonton- based Supreme Steel to carry out construction at its Ruby Creek project.
People (September 15, 2008)
Allana Resources — Salisha Hosein appointed manger of investor relations.
Western Areas doubles resource at Spotted Quoll (September 15, 2008)
If Western Areas (WSA-T, WSA-A) had any doubts that its Spotted Quoll nickel project, in Western Australia, has the potential to become a major underground mine, they seem to have been laid to rest wi…
Taca Taca cha-cha: Rio returns option to Lumina (September 15, 2008)
VANCOUVER — After drilling six holes, Rio Tinto (RTP-N, RIO-L) has taken a pass on Taca Taca, giving its option on the Argentinean property back to Lumina Copper (LCC-V, LCPRF-O). And this, as Lumina…