Medellin, Colombia – The administration of former President Alvaro Uribe (2002-2010) opened the door to modern mining in Colombia. It was political foresightedness that is bearing fruit as various mineral projects advance to resource estimates…
The opening technical session “Commodities and Market Outlook” of the Prospectors and Developers of Canada convention in Toronto gave a relatively upbeat outlook for precious metals and uranium prices this year, especially considering the wild…
Vancouver – Continued unrest in the Middle East and rising commodity prices helped the S&P-TSX Venture composite index up 64.21 points between Feb. 28 and March 1 to close at 2,439.83.
The TSX composite index rose 200.65 points in the Feb. 28 to March 4 period to recover from its late February dip and end at 14,252.77 points. The capped metals and mining index managed to gain 25.71 points to end at 1,463.86, its first period…
U.S. equities failed to make up much ground in the Feb. 28 to March 4 period after losses the period before, but they also managed not to lose more ground as oil prices stayed high and mid-east instability continued. The S&P 500 eked out a…
A disproportionate number of mining companies have been subject to securities class actions in recent years in Canada. Each action raises different facts and complaints about “misleading” disclosure. The impact on stock price and the resulting…
The mining sector was thrust into the media spotlight in 2010 as the number of mining mergers and acquisitions (M&A) hit an all-time high. A new PricewaterhouseCoopers (PwC) report tracked 2,693 global mining M&A deals worth US$113…
After 25 years at the helm of Silver Standard Resources (SSO-T, SSRI-Q), Robert Quartermain is back in action with a start-up company called Pretium Resources (PVG-T).
Record gold production at low cash costs averaging US$186 per oz. contributed to a record net profit after-tax of US$58.1 million in the six months ended Dec. 31, 2010, Medusa Mining (MLL-T, MML-L, MML-A) reports.
A 50% increase of indicated resources at the Bakyrchik gold deposit “bodes well” for the definitive feasibility study that is due by June, Altynalmas Gold and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) say.
Iron ore mining and exploration in Quebec is focused in the northeast, but Georges-Yvan Gagnon, CEO of Augyva Mining Resources (AUV-V), is convinced there is great potential farther west in the province, specifically at the Duncan Lake project…
In late December 2010 a spokesman for the National Democratic Front (NDF), a confederation that encompasses many of the Philippines’ leftist groups – including the Communist Party of the Philippines (CPP) and its New People’s Army (NPA)…
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