3.1M oz. gold resource at Tower Hill’s Livengood
Vancouver – International Tower Hill Mines (ITH-V, THM-X) sees significant potential for its flagship Livengood pro…
News
Richmont raises reserves (February 19, 2008)
While Richmont Mines (RIC-T, RIC-X) increased production slightly in 2007, it raised gold reserves significantly, t…
Kinbauri’s efforts at El Valle paying off (February 18, 2008)
Vancouver – It’s looking more and more like Kinbauri Gold’s (KNB-V) $5-million bet on the past-producing El Valle a…
Northgate closes Perseverance acquisition (February 18, 2008)
Vancouver – Northgate Minerals (NGX-T, NXG-X) has completed its friendly takeover of Australian gold producer Perse…
B2Gold settles into Colombia (February 18, 2008)
Vancouver – In its first major move since debuting on the market in December, B2Gold (BTO-V) has worked a deal with…
DRC mines minister says contracts to be reviewed
saw their share prices drop recently after the DRC’s Minister of Mining and Energy Victor Kasanga announced that the government wants a bigger share of mining profits and plans to renegotiate all mini…
De Beers takes US$965M hit for Snap Lake
Capital cost overruns at De Beers’ Snap Lake diamond mine in the Northwest Territories forced the company to take a US$965-million impairment charge in its 2007 yearend results.
Is coal the new gold? (February 18, 2008)
UBS and Citigroup Global Markets have raised their price forecasts for thermal and coking coal for the coming two years and it’s not just because of the disruptive floods washing across Queensland in …
How to approach a bear: Amsterdam’s advice on Russia
Robert Amsterdam’s advice to Canadian businesses and government regarding Russia is simple: be firm. During a recent speech to members of the Economic Club of Toronto the lawyer to one of Russia’s …
Century withdraws Sulliden offer (February 18, 2008)
Century Mining (CMM-V, CMNZF-O) has withdrawn its hostile offer for rival Sulliden Exploration (SUE-T, EXSDF-O).
Birim and Goldcrest join forces to take on West Africa
West Africa-focused juniors Birim Goldfields (BGI-T, BRGFF-O) and Goldcrest Resources (GCL-V, GCTRF-O) have agreed to merge after unanimous votes by the boards of both companies.
SPOT PRICES (February 18, 2008)
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