Newmont Posts Record Revenues In 2008
Newmont Mining (NMC-T, NEM-N) saw higher multiples in 2008, with the gold major posting revenues of about US$6.2 billion for the year, up 12% over 2007’s US$5.5 billion.
2009
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.
Volta Defines Copper-Gold Resource In Burkina Faso
VANCOUVER — A few days after its joint-venture partner returned full ownership of the Gaoua coppergold property in Burkina Faso to Volta Resources (VTR-T, VLTAF-O), the junior announced a sizable ini…
BC Holds Its Own
The performance of exploration and mining industries in British Columbia remained strong in 2008. Exploration spending in the province was $367 million, the second highest yearly expenditure on record…
Salazar Resources drill-ready in Ecuador
Vancouver – After ten months lying idle Salazar Resources (SRL-V) is chomping at the bit to get drills turning ag…
Temex gets little praise for solid results
Temex Resources (TME-V) continues to get solid intersects from drilling at the Hallnor mine block at its Whitney To…
Arehada extends loan payments with Chinese bank
Arehada Mining (AHD-T) is getting ready to resume operations by mid-March at its zinc-lead-silver underground mine …
U.S. stimulus package puts money into mine reclamation
U.S. President Barack Obama’s US$787 billion stimulus package includes US$125 million earmarked for the remed…
It’s not too late to donate to The Townships Project
Women in Mining networks in Toronto and Vancouver have raised nearly US$70,000 for The Townships Project, with the …
Breakwater Resources struggles to stay above water
Breakwater Resources (BWR-T) posted a net loss of C$88.3 million or C$0.20 per share in 2008 compared with net earn…
Aquiline advances giant Navidad
Gastre, Argentina – There are surely very few places where one can stand atop a deposit holding resources of 450-60…
SNS Silver takes on cursed Sunshine mine
SNS Silver (SNS-V) could soon be the operator of the troubled Sunshine silver mine in the Coeur d’Alene mining dist…