U.S. markets fall but gold miners shine
While fears of an American default amidst a political deadlock on raising the debt ceiling was good news for gold, which hit new highs, the effect on the U.S. markets was less positive.
United States
Aldershot beefs up uranium stable in U.S.
Philip Crabb says he “isn’t fazed by the current opinion of uranium,” and would, if asked, probably urge critics of the nuclear industry to take a trip to China if they needed any convincing that nuclear energy is the way to go.
Glencore increases its bet on PolyMet
Glencore International (GLEN-L) is betting that PolyMet Mining’s (POM-T, PLM-X) NorthMet project in Minnesota has the stuff that profitable mines are made of. The giant metal trader and miner closed the latest round of a private placement that…
Former Idaho Governor encourages mining
When Democrat Cecil Andrus, the only governor in Idaho’s history to have served four terms, retired from the board of Coeur d’Alene Mines (CDM-T, CDM-N) after more than ten years of service, the mining company gave him a Beretta shot gun…
Wallbridge eyes producer’s status
Sudbury, Ont. – It’s been a slow ride for Wallbridge Mining (wm-t), but one that has been picking up. With one successful spin-out, another in the making and a project near production, the explorer is ready to change gears.
Peregrine Metals’ shares spike on acquisition news
Peregrine Metals (pgm-t) saw its shares surge more than 250% after U.S. platinum giant Stillwater Mining (swc-n) agreed to pay US$487.1 million for the junior and its large, yet undeveloped copper-gold project in Argentina.
Revolution explores Carolina slate belt
Drilling along a 25-km-long trend is bound to generate mixed results, and such is the case for Revolution Resources (RV-T) at its Champion Hills project in North Carolina.
Aldershot Resources adds uranium properties in U.S.
Philip Crabb says he “isn’t phased by the current opinion of uranium” and would, if asked, probably urge critics of the nuclear industry to take a trip to China if they needed any convincing that nuclear energy is the way to go.
Romarco delays Haile mine opening by a year
Romarco Minerals (R-T) pushes the reopening of its past-producing Haile gold mine in South Carolina back by a year to complete an environmental impact statement (EIS).
US National Mining Hall of Fame and Museum to induct four new members
The 2011 National Mining Hall of Fame and Museum (NMHFM) inductees in the U.S. represent a cross-section of the industry from the coal, marble and lead sectors to metallurgical and processing research and development.
Wolfpack Gold to be born
Looking to make the most of their respective low-profile gold projects in the U.S., Seabridge Gold (SEA-T) and Golden Predator (GPD-T) have teamed up to spin out the properties into Wolfpack Gold.
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