Capstone Cuts More Copper And Gold At Minto Open Pit
Capstone Mining (CS-T, CSFFF-O) has reported promising results from drilling at its Minto copper-gold-silver mine in the Yukon.
News
Far West Doubles Santo Domingo’s Size
VANCOUVER — Far West Mining (FWM-T, FWLMF-O) has nearly doubled the size of the Santo Domingo copper-iron project’s resource and announced a breakthrough in iron ore recovery.
US Gold Raises Gold Bar
US Gold (UXG-T, UXG-X) has upped measured and indicated resources at its Gold Bar project in Nevada by 64% after drilling 20 holes in 2008 and incorporating two other deposits with historic drill data…
Alpha To Take Over Foundation In US$2B Coal Merger
The Big fish Alpha Natural Resources (ANR-N) is using the attractive valuations created by the recession to get even bigger with a friendly all-stock takeover bid for Foundation Coal Holdings (FCL-N).
Golden Goose Updates Magino
Golden Goose Resources (GGR-V, GGOSF-O) has tallied a new resource at its wholly owned Magino property, 40 km northwest of Wawa in northern Ontario, and plans to proceed to a feasibility study.
Uracan Cuts More Uranium Along Quebec’s North Shore
Uracan Resources (URC-V, URCFF-O) has intercepted uranium on the Double S zone at its North Shore project in Quebec, extending the known mineralized zone.
Syncrude Works At Reclamation In The Oilsands
Having been one of the earlier entrants into the oilsands in the 1970s, Syncrude, one of the largest oilsands operators, has had some practice with reclamation.
Anti-Mining Bill Heads To Committee
The 20th trading week of the year was marked by the beginning of committee work on one of the more anti-miner bills to move through Canada’s House of Commons in recent years. Bill C-300, also cited as…
People (June 01, 2009)
Africo Resources — Tony Harwood has resigned as president and CEO.
Uranium One Celebrates Start Of Pilot Mining In Kazakhstan
Japanese, Canadian and Kazakh officials collected in a remote corner of Kazakhstan in April to mark the beginning of the pilot-mining phase at the Kharasan uranium project.
U.S. Markets – May 19-22
Nobel Prize-winning economist Paul Krugman told a Megatrends economic conference in the United Arab Emirates over the Memorial Day-shortened May 19-22 reporting period that he believes the world econo…
Toronto Stock Exchange – May 19-25
The TSX was up during the May 19-25 reporting period, with the S&P/TSX composite index up 307 points, or 3.1%, to 10,070, the Capped Metals and Mining index rising 22 points, or 4.2%, to 534, and …