Changes ahead for mining balance sheets
Starting in 2011, Canadian public companies will be migrating from using Canada’s own generally accepted accounting principles (Canadian GAAP) to using International Financial Reporting Standards (IFR…
News
Almaden rises on Ixtaca hits
VANCOUVER — First-ever drilling on part of Almaden Minerals’ (AMM-T, AAU-X) Tuligtic copper-gold project in Mexico has returned a long intersect of significant gold and silver mineralization.
Mine museum rebranded
Quebec minister refuses uranium ban
Quebec’s government has rejected calls for a moratorium on uranium exploration in the province. “It’s out of the question,” said Quebec’s Minister for Natural Resources and Wildlife, Serge Simard, as …
PEOPLE (August 30, 2010)
Anvil Mining — Philippe Monier appointed VP corporate and CFO.
33 trapped Chilean miners alive, well and waiting
After 17 days trapped 688 metres below the surface, a group of Chilean miners announced they are alive by attaching a note to a probe that was pulled to the surface through a freshly drilled narrow sh…
First Quantum calls ENRC’s buy illegal
Kazakhstan-based mining group Eurasian Natural Resources Corp. or ENRC (ENRC-L) has agreed to pay US$175 million for mining assets in the Democratic Republic of the Congo, including the Kolwezi copper…
URS to acquire Scott Wilson
The boards of Scott Wilson Group (SWG-L) and URS Corp. (URS-N) have agreed on a cash offer by Universe Bidco Ltd., a wholly owned subsidiary of URS.
Scorpion Gold hands out US$3m contract
Vancouver-headquartered Scorpio Gold’s (SGN-V) 70% joint-venture subsidiary Mineral Ridge Gold has awarded a US$3-million contract to Nevada-based Canyon Construction pertaining to the re-stacking of …
Aeroquest to survey Deadhorse Creek
Canadian International Minerals (CIN-C) has signed a contract with Aeroquest (AQL-T) to fly a close spaced AeroTEM III-Radiometric- Mag survey over the Deadhorse Creek property, 43 km east of Terrace …
TORONTO STOCK EXCHANGE -August 16-20
After enduring a couple of tough weeks, the TSX composite index rebounded slightly for the Aug. 16-20 period, carving out a gain of 200 points to finish at 11,722.
TSX VENTURE EXCHANGE -August 16-20
The S&P/TSX Venture composite index made small but steady gains during the Aug. 16-20 trading period, ending up 22.57 points. Trading volume was below average but up from the prior week at 83.5 mi…