Who will follow Australia’s lead on mining tax? (May 18, 2010)
The global mining team at UBS Investment Research is fingering Brazil, the Democratic Republic of Congo and Mo…
News
Western Copper permit denial casts shadow on Yukon permitting process
Vancouver – The Carmacks copper project in the Yukon looked primed for development, with owner Western Coppe…
Denison drills high-grade uranium in Athabasca
Vancouver – Denison Mines (DML-T, DNN-X) has 20,000 metres of drilling planned for the summer at its 60%-owned…
Vale sells assets to Norsk Hydro in $4.9 billion deal
Vale (VALE-N) rmay be locked in a 10-month labour dispute in Canada but it is making headway in Eur…
Silver Wheaton invests $20.7M in Ventana for rights to future silver production
Silver Wheaton (SLW-T, SLW-N) has agreed to buy $20.7 million worth of Ventana Gold (VEN-T) shares in a p…
Rubicon’s F2 gold system returns high-grade intercepts
More drilling at Rubicon Minerals’ (RMX-T, RBY-X) 100%-owned Phoenix project in the Red Lake gold district of …
RX revitalizes Drumlummon mine
SITE VISIT MARYSVILLE, MONT. — The gold dribbles off the shaker table as the various players behind RX Exploration (RXE-C, RXEXF-Q) look on with excitement. Crowding around the machine in…
Initial resource tally for Big Daddy chromite
The Big Daddy chromite deposit in the McFaulds Lake area of northern Ontario is living up to its name as one of the largest and highest grade deposits of its type in the world.
Oyu Tolgoi could be one of world’s biggest mines
An independent study of Oyu Tolgoi shows Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) to have one of the world’s largest copper and gold projects on its hands.
Barker Minerals searches for BC diamonds (May 17, 2010)
VANCOUVER — Many thought Chuck Fipke and Stu Blusson were crazy when Canada’s diamond pioneers tried to convince the world they could find diamond-rich kimberlites in Canada’s Far North.
Nevsun pushes towards production in Eritrea (May 17, 2010)
VANCOUVER — Nevsun Resources (NSU-T, NSU-X) is now more than halfway through building Eritrea’s first mine, on schedule to commission the gold-silver-copper-zinc operation before the year end.
Red Back gets boost from Kinross
Kinross Gold (K-T, KGC-N) is investing $600 million for a 9.4% stake in Red Back Mining (RBI-T). The placement should help finance the expansion of Red Back’s carbon-in-leach (CIL) plant and develop a…