Sunnyside up for Altius
Easter is nine months away, but Altius Minerals (ALS-S) is busy hunting for eggs in its home province of Newfoundland.On the Paradise Lake property in Botwood Basin, the junior has identified what it …
News
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS –Dow plunges 300 in a day
The Dow Jones industrial average was off 447 points, or 5%, for the report period July 29-Aug. 4, after a precipitous drop of nearly 300 points on Aug.4. The average closed at 8,487.31 points, led by …
PEOPLE — Rio Algom
John Lill appointed vp of mining operations.
PEOPLE — Intercap Res.
Michael Smith appointed director.
PEOPLE — Black Swan Gold
Bryce Porter appointed president, Augusto Kishida appointed vp of exploration.
PEOPLE — Armada Gold
Geoff Donahue appointed director.
Romarco cuts high grade in Nevada
Romarco Minerals (R-T) has intercepted high-grade gold values at its newly acquired Red Rocks project in western Nevada.The company completed 12 reverse-circulation and three core holes, totalling 12,…
Inmet Mining returning to profitability
Restructuring has paid off in higher second-quarter earnings for troubled base metal miner Inmet Mining (IMN-T), which posted a profit of $25.2 million for the three months ended June 30.The company e…
Dynatec to operate gold mine
Once the Ken Snyder gold-silver mine is up and running early next year, royalty companies Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) plan to turn over operational management to Toronto-…
EDITORIAL — Tobin tells miners, ‘my way or the highway’ — Rat pack tactics
Planning to explore for minerals in Newfoundland or Labrador? If you find something big, be prepared to butt heads with Brian Tobin, rat pack premier of The Rock and environs, fearless defender of the…
COMMENTARY — Miners seeking GSC data
.BMichael ThomasThe regional geophysics section of the Geological Survey of Canada (GSC) focuses on the acquisition, archiving, distribution and analysis of aeromagnetic and gravity data. Historically…
CIM shipshape for boat cruise
The Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum will host its annual boat cruise and Monte Carlo Night on Aug. 19.Boarding of The Northern Spirit at the docks at the f…