Barrick appoints Aaron Regent as CEO
Barrick Gold (ABX-T, ABX-N) founder and chairman, Peter Munk, has appointed former Falconbridge CEO, Aaron Regent, …
News
Velocity finding new moly in old Cassiar
Vancouver – The historic northern British Columbia mining town of Cassiar has a new resident: another junior explor…
Adanac avoids ‘fire-sale’ for 28 days
Vancouver – With more than US$80 million owed on a bridge-loan maturing Jan. 31, 2009, and about $100 million commi…
Avalon gets top drill grades in the Lake zone
Avalon Ventures (AVL-T) set out to define the eastern, southern and western margins of the Lake zone at its Thor La…
Fronteer plans to acquire Aurora Energy Resources
Fronteer Development Group (FRG-T, FRG-x) is the single largest shareholder, with 42%, of Aurora Energy Resources (…
Scott Lake Delivering For Cogitore
Cogitore Resources (WOO-V) reported its best-ever zinc grades from recent drilling at Scott Lake, near Chibougamau, Que.
BHP OKs Aussie Iron Ore Expansion
BHP Billiton (BHP-N, BLT-l) has approved an expansion at its iron ore mining operations in Western Australia, which will raise production by 50 million tonnes to 205 million tonnes per year in 2011.
Selwyn Strikes More High-Grade Zinc-Lead
Vancouver — Results are rolling in from a summer exploration program at Selwyn Resources’ (SWN-V, SWNLF-o) namesake project in the east-central Yukon, revealing new zones in the zinc-lead-rich Don Va…
Freeport-McMoRan To Run Lean In 2009
Vancouver– Freeport- McMoRan Copper & Gold (FCX-n) is making deep cuts to capital spending, nixing its dividend and chopping copper production by 5% in 2009 and by 11% in 2010.
Rusoro Makes Formal Bid For Gold Reserve
Rusoro Mining (RML-V, RMLFF-o) says its unsolicited takeover bid for Gold Reserve (GRZ-T, GRZ-x) offers a “compelling premium” and would create the “premier” Venezuelan gold company. But Gold Reserve …
Cracking The Mystery Of The Matoush Mineralization
SITE VISIT Chibougamau, Que. — The Matoush uranium deposit is unlike any other. It’s not an unconformity deposit, such as those in Saskatchewan’s Athabasca basin,…
Iamgold Spies Opportunity Amidst Market Turmoil
Iamgold (IMG-T, IAG-n) continues to make the most of a slumping market in its effort to become a leading mid-tier gold producer.