News

Cambior reaps benefits from base metal production

Unlike many other gold producers, which stick to a gold-only philosophy, Cambior (CBJ-T) has taken up base metal production with enthusiasm. The Montreal-based company deliberately moved into base met…


Sherritt stays afloat despite low prices

Sherritt International (S-T) posted a profit in the second quarter, when lower nickel prices were partially offset by lower operating costs and higher cobalt prices.The Toronto-based company earned $1…


Aurizon buys gold mine

With three drills on surface and three underground, Aurizon Mines (ARZ-T) will carry out a 5,000-metre program aimed at boosting reserves and reviving the dormant Casa Berardi gold mine in northern Qu…


Deals to boost Armenian minerals sector

The Armenian minerals sector is getting a boost by way of a new diamond processing partnership and a cash injection for the copper industry from the Chinese government.The Diamond Company of Armenia w…


Indochina develops Monywa

With the Bakyrchik gold project on hold pending optimization studies and restructuring of an agreement with the government of Kazakstan, Indochina Goldfields (ING-T) is focusing on improving the econo…





Homestake sweetens deal for Prime Resources

Homestake Mining (HM-N) has upped the ante for the remaining 49.6% of Prime Resources (PRU-T).According to an agreement reached by the board of directors of each company, Homestake will grant Prime’s …


Barrick options Rossi property in Carlin trend

In an effort to expand its holdings in Nevada’s Carlin trend, Barrick Gold (ABX-T) has entered a joint-venture agreement to explore the Rossi gold property, held by Meridian Resources (MNG-T).Barrick …


Tri Origin inks two deals

One new agreement and modification to an existing one are allowing Tri Origin Exploration (TOE-T) to explore for gold and base metals in Australia and central Nevada.In the Cobar region of New South W…


Native-mining relationship to be explored

The Canadian Aboriginal Minerals Association will host a conference on the relationship between native Canadians and resource companies, to be held Nov. 15-17 at the Delta Bessborough Hotel is Saskato…


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