Bema execs asked for documents in Verde dispute
Vancouver — Bema Gold (BGO-T, BGO-N, BAU-L) CEO Clive Johnson and vice-president Dennis Stansbury have been asked to testify in a dispute between a U.S. insurance firm and the company that was contra…
Gold
Resource up at Young-Davidson (January 01, 2007)
Resources at the Young-Davidson gold project near Matachewan, Ont., have grown substantially in a new estimate commissioned by Northgate Minerals (NGX-T, NXG-X).
Teck Cominco sinks US$25M into Nautilus
Vancouver — Nautilus Minerals (NUS-V, NUSMF-O) has secured another major mining company financing, with Teck Cominco (TCK.B-T, TCK-N) putting US$25 million into the seafloor mineral explorer as part …
Editorial: Our 2006 Mining Person of the Year: Robert Friedland
The world’s top athletes, scholars, artists and gurus all talk one way or another about the importance of finding and then living in that narrow zone that exists at the very limits of your intellect a…
Aura Gold follows trail of Brazil’s garimpeiros
Few garimpeiros are seen these days near Aura Gold’s (ORA-T, AUGIF-O) newly acquired Cumaru gold project in north-central Brazil’s Para state — a dramatic contrast with the scene during a 1980s rush,…
Wayside gets US$10-million loan facility
Vancouver – After an almost three-week trading halt, International Wayside Gold Mines (WGM-V, IWGMF-O) announced ar…
Royal Gold acquires 2% royalty on Penasquito from Minera Kennecott
Minera Kennecott S.A. De C.V. has agreed to sell its 2% net smelter return royalty on the Penasquito project in Zac…
Claude sells Seabee royalty (December 27, 2006)
In return for $39.2 million in cash, Saskatoon-based Claude Resources (CRJ-T, CGR-X) has struck a deal to sell a 10…
‘Culture de coeur’ sets Agnico-Eagle apart
SITE VISIT Val d’Or, Que. — “The gold, it doesn’t rot, it doesn’t eat; it just sits there and waits.” This nugget of wisdom from the late Paul Penna, founder…
Galantas eyes allure of certified Irish gold (December 25, 2006)
Vancouver — Hoping to draw on the allure of certified Irish gold, the Canadian operator of Northern Ireland’s first modern-day gold mine plans to earn a premium on prevailing market prices by brandin…
Exall shareholders approve spinoff (December 25, 2006)
Shareholders of Exall Resources (EXL-T, EXALF-O) have approved a reorganization plan that will see current shareholders receive a dividend of shares in a new company, Exall Energy, that will hold Exal…
Aurizon pours gold at Casa Berardi
Aurizon Mines (ARZ-T, AZK-X) has poured two gold dor bars from its Casa Berardi mine in the Abitibi region of Quebec.