TORONTO STOCK EXCHANGE -Aug. 30-Sept. 3
Positive economic data from the U.S. had investors less afraid of the dreaded double-dip recession and the TSX composite index partook in that new optimism as it climbed from 265 points to finish the …
News
Bouwa Whee gets Diavik contract
Bouwa Whee has taken over the contract to provide catering, accommodation, housekeeping, maintenance and camp management services for Rio Tinto and Harry Winston Diamond’s Diavik project in the Northw…
Atlas Copco aquires Hartl Powercrusher
Mining equipment supplier Atlas Copco has entered the crushing and screening business with its recent acquisition of Hartl Powercrusher. The expanded company now offers a wide range of track-mounted m…
Correction (September 13, 2010)
According to a May 2010 integrated development plan for Ivanhoe Mines’ (IVN-T, IVN-N) Oyu Tolgoi copper-gold project in Mongolia, the total project cash requirement to get the mine into production in …
PEOPLE (September 13, 2010)
Adamus Resources — Mark Bojanjac resigned as managing director and CEO; Mark Connelly appointed managing director and CEO.
Quebec Innu lift blockade of New Millennium’s iron ore project
The Innu Matimekush-Lake-John First Nation has agreed to remove barricades that were blocking access to New Millennium Capital’s (NML-V) direct shipping ore (DSO) project near Schefferville, Que., sin…
PDAC: C-300 will hurt Canadian mining
The Prospectors and Developers Association of Canada is advocating against proposed Bill C-300. Below is some of what PDAC has to say about the bill. For more information and advice on how to take act…
M&A frenzy
The unofficial last week of summer in Canada and the U.S. was a surprisingly intense period of mergers and acquisitions (M&A) activity.
Kodiak, Golden Goose set to merge
VANCOUVER — Junior gold explorers Kodiak Exploration (KXL-V) and Golden Goose Resources (GGR-V) have entered into a binding agreement to merge, bringing together several gold properties at various st…
Canaco eyes Ethiopian assets
Canaco Resources (CAN-V) has closed in escrow its acquisition from Beijing Donia Resources of 70% of the outstanding shares of Harvest Mining, a private Ethiopian exploration company. Harvest owns a 1…
Pediment up on San Antonio drilling (September 13, 2010)
VANCOUVER — On the heels of a healthy preliminary economic assessment (PEA) for the San Antonio gold project in Mexico, Pediment Gold (PEZ-T) has hit promising intercepts in an untested zone between …
Goldcorp trumps Eldorado’s bid for Andean
Andean Resources (AND-T, AND-A) was thrust into the spotlight in the early hours of Sept. 3 as two offers for the company came in rapid succession.