MNDM wants your input on staking changes
The Ontario Ministry of Northern Development of Mines (MNDM) is conducting a 60-day public consultation on possible changes to claim staking and mineral exploration rules on property where the mining …
2007
Air report a success: OMA
A final report from the Ontario Mining Association’s (OMA) compressed air leak management program, Implementing a Sustainable Compressed Air Leak Program, indicates mines in Ontario are now better pre…
Dividends (August 06, 2007)
Company Div.($) Pay Date Record Date Sherritt 0.03 July 13 June 29 Yamana 0.01* July 16 June 26 Fording 0.65 July 16 June 29 Royal Gold 0.065 July 20 July…
Platmin gets positive study for Pilanesberg (August 06, 2007)
Platmin (PPN-T, PPN-L) will go ahead with production from the Pilanesberg platinum group element project, in the Bushveld camp of northern South Africa, following a positive feasibility study.
Lundin eyeing Chariot
Lundin Mining (LUN-T, LMC-X) is in a better position to acquire Chariot Resources (CHD-T, CHDSF-O), now that shareholders in the Toronto-based junior have rejected a poison pill proposal.
Currie Rose moves ahead in Tanzania
Currie Rose Resources (CUI-V, CUIRF-O) will continue drilling along strike to both the north and south of its Mwamazengo gold prospect, in Tanzania.
Denison now holds most of OmegaCorp
Having relaxed its conditions to an earlier takeover offer, Denison Mines (DML-T, DNN-X) now has just under 79% of the shares of Australian-based uranium developer OmegaCorp (OMGCF-O, OMC-A).
Lake Shore, Porcupine JV finalize Bell Creek deal (August 06, 2007)
After protracted negotiations and an extension to due-diligence investigations, Lake Shore Gold (LSG-T, LSGGF-O) and the Porcupine Joint Venture have reached a final agreement on the sale of the Bell …
PDAC endorses new flow-through initiative
The Prospectors and Developers Association of Canada (PDAC) board of directors is endorsing an initiative to make Qualified Environmental Trust (QET) contributions that are applied to the reclamation …
People (August 06, 2007)
AK Steel — Ralph Michael III appointed director.
Toronto Stock Exchange July 24-30
Those who thought the TSX Composite Index was due for a correction were proved right during the July 24-30 trading period. The index fell 603.61 points to 13,864.72.
U.S. Markets July 24-30
The trading period July 24-30 saw United States equity markets take a battering. The sell-off was sparked by adverse economic news, although the market appears to have been primed for a fall. In fact,…