News




Denison committed to uranium

Shareholders of Denison Mines (TSE) heard a familiar story at the company’s annual meeting in Toronto recently. More than 400 shareholders filled the concert hall of Toronto’s Royal York Hotel to hear…


TURNAROUND

Not one but two unmanned security huts greet visitors arriving at Placer Dome’s Endako molybdenum mine, the last one proclaiming: “All visitors report here.” It too is empty, but at least it has a tel…


Core Sack SILBAK PREMIER

The Silbak Premier silver-gold Tdeposit, 21 km north of Stewart, TB.C., has mineable, open-pit reserves of 5.9 million tonnes grading 2.16 g gold and 80.23 g silver per tonne. The Silbak Premier will …


Golden Nevada, Bethlehem to buy Goldstream mine

Although the price wasn’t disclosed, Golden Nevada Resources (TSE) and Bethlehem Resources Corp. (TSE) have signed a letter of intent to purchase a 100% interest in the Goldstream deposit and related …


Ridgeway revives Galactic

Success was about as elusive as the gold in its first mining venture, but Galactic Resources (TSE) is reporting an exceptional start for its recently- opened Ridgeway gold mine in South Carolina. The …


Managing TIMELY ADVICE

It has often been said, live for today, not tomorrow. Or that we think of the past with regret and the future with fear. Or never look back — you’ll die of remorse. In other words, when we look back …


World Gold Conference at Lugano, Switzerland

This year’s World Gold Conference will be held in Lugano, Switzerland on June 26-27. The conference attracts investors, miners and dealers from around the world regardless of the state of the gold mar…


Hemlo Gold expanding output

Canada’s second largest gold mine plans to get bigger during the next several years. Golden Giant, owned by Hemlo Gold Mines (TSE) expects to increase its gold output to an average of 430,000 oz per y…


Law DEALING WITH DEFAULT

“Sorry, but we just could not raise the money.” These or similar words often immediately precede, or are used to explain, the occurrence of an event of default under an agreement. The result that can …


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