New royalties rattle Gabriel investors
Investors in Gabriel Resources (GBU-T) were hit by post-holiday blues after the Romanian government announced that it would be doubling royalties on gold production in the country.
Regulatory Issues
Commentary: Canada’s Minister of Natural Resources Joe Oliver on diversifying energy markets and streamlining regulatory processes
Canada is on the edge of an historic choice: to diversify our energy markets away from our traditional trading partner in the United States or to continue with the status quo.
Africa’s improving legislative environment
Today more than ever before, there is a growing emphasis across many African countries on accountability and transparency concerning their natural resources. Alongside this, however, is the unpredictable and growing trend of resource…
Commentary: Hide from resource nationalism at your peril
Brian Menell, heir to the South Africa-based Anglovaal mining fortune and a speaker of the Mines and Money conference here in December, states the obvious when he says increased government intervention in the mining industry is not generally…
Afghanistan’s push to develop its mineral resources
As Western powers prepare to fully withdraw their troops from Afghanistan by the end of 2014, Afghanistan’s Minister of Mines, His Excellency Wahidullah Shahrani, is preparing for a very different kind of deployment.
U.K. fraud office looks into Eurasian Natural Resources
London, U.K. – The Serious Fraud Office (SFO), an independent department of the British government that investigates and prosecutes serious or complex financial fraud and corruption, is looking into allegations of unlawful activity at Eurasian…
New NWT Premier looking to revive mineral investments
Two recent news items have underscored the divergent futures of the Northwest Territories (NWT) and Canada’s other two territories. On one side, BHP Billiton (BHP-N) announced possibly selling its Ekati diamond mine in the Northwest Territories…
Newmont suspends Conga construction
Newmont Mining (NMC-T, NEM-N) has indefinitely halted construction activities in agreement with the government of Peru at its 51%-owned Conga gold-copper project in the northern region of Cajamarca, following weeks of protests over the proposed…
Bulgarian government gives the nod to DPM
The wait is over, and Dundee Precious Metals (DPM-T) has finally secured an approval on its environmental impact assessment (EIA) for its Krumovgrad gold project in Bulgaria.
Rye Patch locks horns with Coeur d’Alene
Shares of Rye Patch Gold (RPM-V) surged 84.4% to close at 71¢ yesterday on news that the junior had scooped lapsed mining claims from a subsidiary of major Coeur d’Alene Mines (CDM-T, CDE-N) in the Rochester mining district of Nevada.
Guyana Goldfields gets key licence
Guyana has issued its first large-scale mining licence in the gold sector since 1991 – giving Guyana Goldfields (GUY-T) the permission the company needs to build and operate its Aurora project.
Chinese firms to invest $1.36 billion in private B.C. coal projects
Vancouver – British Columbia’s new Liberal premiere, Christy Clark, has made some bold statements to Canada’s mining sector and the rest of the world these past few weeks.