News

NEWS ROUNDUP — Western Copper ups Thermal interest

Vancouver-based Western Copper Holdings (TSE) has acquired 4.6 million common shares of Thermal Exploration from Queenston Mining (TSE). As a consideration, Western Copper has issued to Queenston 600,…



NEWS ROUNDUP — Friedland sells Vengold shares

Controversial Vancouver promoter Robert Friedland is severing his ties with Vengold (TSE). Friedland sold 2.8 million shares to several arm’s-length investors, plus 445,000 shares in a private transac…


NEWS ROUNDUP — Court rejects Exminesa appeal

The Spanish Constitutional Court has rejected an appeal by Exminesa related to royalties owing to Mount Wright Iron Mines (CDN) from the lead-zinc-silver Rubiales mine in Spain. Exminesa was appealing…


COMMENTARY — Marketing clean coal technologies

The Energy Information Administration (EIA) in the U.S. expects world coal consumption to increase by 30% between 1990 and 2010, from 5.1 billion to 6.5 billion tons. Five regions stand out as major f…


Russian gold mining sector undergoes major changes

A major world gold producer for many years, Russia now ranks fifth on an international level, behind South Africa, the U.S., Australia and Canada. Russia produced about 65% of the former Soviet Union’…


Heat sources studied at deep Homestake mine

A graduate student of the University of Nevada, in Reno, has been trying to help Homestake Mining save on its air-conditioning bill at its deep gold mine in South Dakota. Ian Duckworth, a mining engin…


Grant to help complete study

A government grant worth $241,050 will help finance a feasibility study of a spodumene mine and a lithium carbonate plant in Quebec. Montreal-listed partners Charlim Explorations and Wrightbar Mines e…






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