2008


Jinchuan Nickel buys new mine hoist from ABB

Chinese mining giant Jinchuan Group has signed a contract with the Swedish power and automation technology group, ABB, to purchase a mine hoist for its nickel mine near Jinchang.


Metallic Ventures taps SRK for Goldfield feasibility

Nevada-based Metallic Ventures Gold (MVG-T, MTLVF-O) has enlisted SRK Consulting to complete a National Instrument 43-101-compliant feasibility study, and conduct environmental baseline data collectio…



Hecla buys Rio’s stake in Greens Creek

Hecla Mining (HL-N) has struck a US$750-million deal to buy out its majority partner Rio Tinto (RTP-N, RIO-L) at their co-owned Greens Creek underground silver mine near Juneau, in Alaska’s panhandle.


Newmont sees new woes in Indonesia

Less than a year after being acquitted of pollution charges on Sulawesi Island in Indonesia, Newmont Mining (NMC-T, NEM-N) is back in hot water again at another mine in the Southeast Asian nation.


(Top) Miners collect their rescue packs, safety equipment and lamps from the Lamproom prior to going underground at AngloGold Ashanti's Mponeng mine in South Africa. (Bottom) Open-pit mining at the Yatela project in Mali.

Mining execs converge at South Africa’s Indaba

CAPE TOWN, SOUTH AFRICA — The keynote session at the recent Mining Indaba conference in Cape Town, South Africa, saw leaders from many of the world’s largest mining houses step to the podium to discu…


President Ewan Downie of Premier Gold Mines (with core) and project manager Matt Long (at right) examine drill core from the Rahill-Bonanza project in Red Lake, Ont.

New Bonanza resource lifts Premier’s stock

A new National Instrument 43-101 resource estimate for the Rahill- Bonanza property in Red Lake, Ont., has pleased joint-venture partners Premier Gold Mines (PG-T, PIRGF-O) and Goldcorp (G-T, GG-N).



Coro to buy Chilean copper mine

VANCOUVER–Looking to fast-track its plan to become a copper producer, Coro Mining (COP-T) has struck a deal to buy the operating CerroNegromine, located in Chile’s Region V.


An aerial view of the camp at Baffinland Iron Mines' Mary River project.

Study predicts robust economics at Mary River

It took four years and $170 million, but the definitive feasibility study on its 100%-owned Mary River direct- shipping iron ore project was well worth the wait, Baffinland Iron Mines (BIM-T, BIMGF-O)…


International Tower Hill Mines president and CEO Jeff Pontius (right) discusses drill core with Bob Moriarty at the Livengood project in Alaska.

Tower Hill tallies Livengood resource

VANCOUVER — International Tower Hill Mines (ITH-V, THM-X) sees major potential for its flagship Livengood project, in Alaska, now that an initial resource estimate has outlined a significant gold dep…


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