Former Underworld directors take on Greenland
VANCOUVER — Roughly 2.7 billion years ago, Greenland broke away from Eastern Canada and moved north, taking a chunk of the Archean greenstone belt that has produced 60% of Canada’s gold with it. Now …
News
Technical Analysis Report: platinum
Along with the nascent global economic recovery there has been renewed interest in platinum, largely due to the metal’s crucial role in auto manufacturing.
Hana arranges $21-M financing
A little more than a week after announcing it had significantly increased its resource at the Ghanzi copper-silver project in northwestern Botswana, Hana Mining (HMG-V) is raising $21 million in a pri…
Timmins Gold starts up San Francisco mine
Timmins Gold (TMM-V) has started commercial production at the San Francisco gold mine, a past-producing open-pit heap-leach operation in the Arizona-Sonora Desert in the northern portion of the Mexica…
Volta Resources pulls golden core from Kiaka
VANCOUVER — A drill program aimed at defining a maiden resource at the Kiaka project in Burkina Faso continues to produce near-surface lengths of gold mineralization for Volta Resources (VTR-T).
Tax news wallops Aussie miners
Australia arguably slipped from being a pro-mining country to an anti-mining one in early May, as the left-leaning federal government there unveiled sweeping plans to change the island nation into one…
Taking stock of Quebec’s new mining taxes
The Quebec Finance Minister Raymond Bachand’s budget on March 30, 2010, significantly revamped the Quebec mining duty regime with a view to mitigating the provincial deficit.
ABB to provide electrical equipment at Toromocho
SUPPLIERS NEWS
CAE snaps up Datamine Group
CAE (CAE-T, CAE-N) has acquired mining software developer Datamine Group, gaining what it calls a strategic link to the mining industry.
PEOPLE (May 10, 2010)
Alcoa– Klaus Kleinfeld appointed chairman and CEO replacing Alain Belda, who retired; Judith Gueron appointed lead director; Arthur Collins elected a director; Jim Owens named chairman of the audit c…
TORONTO STOCK EXCHANGE APRIL 27-MAY 3
Fears over Greece’s ability to pay its debt had markets the world over turning downwards and the TSX composite index was no exception. The index was off three points to 12,294 for the April 27-May 3 p…
TSX VENTURE EXCHANGE APRIL 27-MAY 3
The market remained unsure of its next move over the April 27-May 3 trading week, alternating between gains and losses each day to close the period down 7.31 points at 1665.54. Daily trading volumes r…