News

A royal row

Like most companies, those engaged in mining are in the business of making money, and as much as possible. It’s no surprise then that alarm bells sound when new royalties have to be paid. The bells are currently ringing in Peru and Chile.


Diamond strategy necessary

Canada’s first two diamond mines, Ekati and Diavik, are among the best in the world. In just six years, these exceptional mines have propelled Canada into third place in the world by value of rough diamond production.



Trading volume high for Wheaton River

The report period July 28-Aug. 3 saw the price of gold close down US$9.05 at US$390.95 per oz. in the afternoon in London. The Toronto Stock Exchange was closed Aug. 2 because of a civic holiday.



A giant leap for mining

After three years of research and development, “Leapfrog” automated three-dimensional modelling software could change the way the mining industry performs geological modelling.


Juniors weak as gold price climbs

Toronto Venture Exchange-listed companies picked up a bit of ground as gold prices rose on terrorist fears. Following suit, the S&P-TSX Venture Exchange index rose by nearly 44 points, or some 3%, over the trading period July 28-Aug. 3 to close at…


NRCan, Ontario produce mining video

Natural Resources Canada (NRCan) and the Ontario Ministry of Northern Development & Mines (MNDM) are jointly funding a DVD designed to educate Ontario aboriginals about the mining industry.



Etruscan, Semafo rev up Samira Hill

Partners Etruscan Resources (EET-T) and Semafo (SMF-T) expect to pour their first gold at the Samira Hill project in Niger in early September, now that commissioning of the 6,000-tonne-per-day carbon-in-leach…




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