Golden Queen relies on high metal prices to generate impressive NPV
Golden Queen Mining (GQM-T) is looking to prove that there is still plenty of gold in California, albeit at a much lower grade than what the ’49ers were used to.
2011
Capstone adds copper resources at Minto (June 13, 2011)
Capstone Mining (CS-T) has bulked up measured and indicated resources by 219 million lbs. at its wholly owned Minto copper-gold mine in the Yukon. The miner also combined two deposits at the project, which were once thought separate, into what…
Editorial: Humula win unsettles miners
It was one of those weeks when miners check the political sections of their newspapers and websites before the business news.
Champion Minerals discovers new iron zone at Lac Moire (June 13, 2011)
The first five drill holes at the Lac Moire iron ore project in northeastern Quebec have identified significant new iron mineralization, and Champion Minerals (chm-t) has increased its drill program there to 7,000 metres.
Commentary: The game is changing for global miners
When the world asks mining companies to jump, they say how high. Thanks to ever-growing emerging market demand and steadily rising commodity prices, the financial prowess of the world’s largest mining companies seems to know no bounds.
Caldera focuses on Marjan in Armenia (June 13, 2011)
Montreal-based Caldera Resources (CDR-V) has a busy season ahead of it at the Marjan gold-silver project in Armenia, as it confirms and upgrades the project’s historical resources.
Facts ‘n’ figures: Gold demand healthy in Q1
The following is an edited excerpt from The World Gold Council’s summary of its report, Gold Demand Trends Q1 2011. The full report can be found at www.gold.org.
Peruvian mining stocks plunge after leftist Humala wins presidency
Peruvian-focused mining stocks took a nosedive this June after left-wing populist candidate Ollanta Humala narrowly won Peru’s presidential electoral run-off held on June 5. With 99% of the ballots counted, Humala captured 51.5% of the…
Hathor doubles size of Roughrider deposit
The first resource estimate for the East Zone of the Roughrider uranium deposit in Saskatchewan’s Athabasca Basin doubles the overall size of the deposit, Hathor Exploration (HAT-T) reports.
Letter to the editor: Poor manners
As a subscriber I take issue with one item on the Kaminak Gold story (TNM, May 2-8, 2011) with no claimant for the article, the excellent photo and damn poor manners from there.
People (June 13, 2011)
Alamos Gold – Jon Morda retired as CFO; James Porter appointed CFO; Greg Fisher appointed VP of finance.
Canada Lithium shrinks Quebec Lithium’s resource
This year has been a bumpy ride for Canada Lithium (CLQ-T). The company has lowered the measured and indicated resource estimate for its Quebec Lithium project near Val d’Or, Que., by 37% compared to the previous estimate, which was prepared…