Volume 98 Number 22 Jul 16 - 22, 2012

From left: Geologist Jacques Stacey, exploration manager Bill Cronk and COO Andrew Berry, in front of the Nutaaq Camp at Kivalliq Energy's Angilak uranium project in Nunavut. Photo by Kivalliq Energy

Kivalliq eyeing new uranium district in Nunavut

Kivalliq Energy (KIV-V) is cashed-up and moving forward with an ambitious exploration program on its 1,000-sq.-km Angilak property in Nunavut, just as the Nunavut government has formalized its uranium policy.The company completed an…



Global Minerals' country manager Martin Zahorec doing rehabilitation work at the historic Maria iron ore mine, part of the Strieborna project in Slovakia. Photo by Global Minerals

Global Minerals seeks silver in historic Slovakian mine

A common story heard in many of the former communist countries of Eastern Europe is the one about an historic, state-run mine that fell into disrepair after freedom blossomed in the 1990s. Explorers like Vancouver-based Global Minerals (CTG-V)…


Drillers at Azimuth Resources' West Omai project in Guyana. Photo by Azimuth Resources

Guyana’s jungle holds rewards for gold explorers

When it comes to unearthing gold in a rough-and-tumble mining jurisdiction like Guyana, explorers are often faced with infrastructure-based speed bumps on the road to establishing an economic deposit. But at least two explorers are making…


Drillers at work at Lupaka Gold's flagship Crucero gold project in Peru 850 km southeast of the capital Lima. Photo by Lupaka Gold

Lupaka and Andean to merge

Lupaka Gold (LPK-T) and Andean American Gold (AAG-V) are proposing to merge in a friendly deal that would create a Peru-focused gold explorer and developer with combined resources of 2.1 million oz. gold equivalent in the measured and indicated…


Cameco's uranium conversion facility in Port Hope, Ontario. Photo by Cameco

Technical analysis report: Uranium stocks show signs of life

Ever since the great bull run in uranium prices leading into 2008, investors have been waiting for the second leg up.The macro story, after all, didn’t change after the 2008 crisis subsided: a surge in nuclear reactor construction in…


Editorial: Goin’ down, down

Working in a coal mine in the U.S. these days involves not only staying focused on getting your job done, but also wondering whether the company you work for can pay its bills and remain a viable concern.The industry was booming as recently as…


Guatemala's president, former military general Otto Perez Molina.

Guatemala proposes 40% stake in mining companies

The Guatemalan government could soon take a 40% stake in mining companies in the country if a proposed constitutional amendment goes through.President Otto Perez Molina announced the proposed change, along with dozens of others, in one of the…


Chubut’s draft mining law confounds miners

Pan American Silver (PAA-T, PAAS-Q) is warning shareholders that if draft mining legislation proposed by the governor of Argentina’s southern Chubut province becomes law, its Navidad silver project in the province will become…



TSX Venture Exchange

The S&P/TSX Venture Composite Index managed a 20.36-point gain in the period to end at 1,211.35 after two days of gains and two days of losses. The climb came despite low volumes and averaged 59 million shares traded daily. The drop in…



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