Mongolia’s cabinet endorses in principle Oyu Tolgoi draft agreement
Shares of Ivanhoe Mines (IVN-T, IVN-q) rose 2% or 11¢ to $5.99 apiece in mid-morning trading following news th…
Gold
Rubicon expands its Red Lake jewel
RED LAKE, ONT. – In summer, Red Lake (population 5,000) is a charming place, well known for its abundant fishing …
Anglo American to cut 19,000 jobs this year
Anglo American( AAUK-Q, AAL-L) plans to axe 19,000 jobs or about 10% of its global workforce this year due to trimmed-back production plans and rescheduled projects.
Rubicon Expands Its Red Lake Jewel
SITE VISIT RED LAKE, ONT. — In summer, Red Lake (population 5,000) is a charming place, well known for its abundant fishing and annual float-plane festival which attracts spectators from…
Premier Leads Geraldton’s Hardrock Revival
SITE VISIT GERALDTON, ONT. — The bright, cold winter light of a January morning intensifies the stark look of the snow-swept streets of Geraldton, Ont. Built on the back of…
Riverside Takes Novel Approach To Exploration
SITE VISIT PENOLES, MEXICO–Other companies missed it, but not Miguel Heredia. He has strong geological legs. Riverside Resources’ (RRI-V, RVSDF-O)Mexico exploration manager strides up the steepening slope of Capitan Hill…
Atna Primed To Pour Gold Again At Briggs
VANCOUVER — It sat idle for five years but now Atna Resources (ATN-T, ATNAF-O) is firing up the Briggs gold mine in Inyo Cty., Calif., and expects to produce its first gold dor soon.
Terrane Bites The Bullet And Delays Mt. Milligan
SITE VISIT SMITHERS, B. C. — As Robert Pease, the president and CEO of Terrane Metals (TRX-V, TRXOF-O), would later describe it, the timing of the site visit to the…
GlobeStar Undaunted By Copper’s Descent
SITE VISIT MAIMON, DOMINICAN REPUBLIC — A siren wails as GlobeStar Mining (GMI-T) chairman Larry Ciccarelli addresses a crowd of more than 200 people at the Cerro de Maimon open-pit…
Kootenay Steps Out At Promontorio
VANCOUVER — Over the past two years, Kootenay Gold (KTN-V, KOOYF-O) has conducted a tightly focused drill program at the Pit zone on its 900-sq.-km Promontorio property in Sonora state, Mexico.
Barrick Buys Out Teck At Hemlo
In yet another asset sale to deal with its short-term debt crisis, Teck (TCK. B-T, TCK-N) is unloading its half stake in the Hemlo gold assets in northwestern Ontario on its joint-venture partner, Bar…
Centamin Set To Bring Gold Mining Back To Egypt
After a long hiatus, Egypt is on the cusp of getting a new major gold mine.