Volume 98 Number 23 Jul 23 - 29, 2012

A protester opposed to South American Silver's Malku Khota silver project stands in front of a barrier blocking access to the Bolivian presidential palace in the capital La Paz. Photo by Alexis Aubin. al.aphoto@hotmail.com. alexisaubin.blog.com

Bolivian gov’t seizing Malku Khota

The Bolivian government plans to expropriate South American ­Silver’s (SAC-T, SOHAF-O) wholly owned Malku Khota silver-indium-gallium project, the Vancouver-based company announced after markets closed on July 10.South American Silver…


Papua New Guinea scaring off miners

Aldridge Minerals (AGM-V) has added its name to a growing list of mining companies leaving or looking to leave Papua New Guinea (PNG).The company will abandon its Kili Teke gold-copper property in the country now that its licence renewal…




Short position reports

TSX Short Positions                                   Short positions outstanding at July…


NovaGold narrows focus on Donlin

NovaGold Resources (NG-T, NG-X) bounced off 52-week lows after announcing it had achieved a number of milestones on the road to developing its Donlin gold project northeast of Anchorage, Alaska. Donlin is one of the largest potential gold…


Cline hit hard by falling coal demand, suspends New Elk ops

Global economic woes stemming from the Euro crisis and slowing industrial activity in some of the world’s largest economies are taking a toll on coal producers, with Toronto-based developer Cline Mining (CMK-T) halting operations at its…



Facilities at Semafo's Mana gold mine in Burkina Faso. Photo by Semafo

Semafo stumbles on Mana expansion update

Montreal-based gold producer Semafo (SMF-T) found out how punishing markets can be these days when the company released long-awaited exploration results at its Mana gold mine 200 km west of Ouagadougou, Burkina Faso. Originally expected early…


Editorial: A world o’ hurt

Life is full of ebbs and flows, expansions and contractions, and the mining industry is part of that cyclical stream. Right now Canada’s intrepid mining industry and its breathtaking, optimism-fuelled expansion into most of the…


BCSC questions Barkerville’s mega resource

The British ­Columbia Securities Commission has raised concerns about a 10.6-million-oz. gold resource estimate that Barkerville Gold Mines (BGM-V) released on June 28.The concerns, based on a draft technical report supplied to the BCSC,…


Women in Mining during last year's Weekend to End Women's Cancers: Agnico-Eagle Mines senior geologist Jane Werniuk (centre) and Investors Group financial advisor Cathy Fletcher (right), with Gina Pace. Photo by Weekend to End Women's Cancers

Women in Mining walking to end cancer

From Sept. 8–9 in Toronto, 10 women representing Women in Mining will participate in the Weekend to End Women’s Cancers benefiting the Princess Margaret Hospital Foundation.The weekend event is part of the “Believe It!”…


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