2012

The exploration crew at WCB Resources' Misima Island copper-gold project in Papua New Guinea. Photo by WCB Resources

WCB hunts gold, copper on PNG’s Misima Island

When  Xstrata (XTA-L) put its share of the  US$5.3-billion Frieda River copper project in Papua New Guinea on the market in late June, there were a few raised eyebrows at the state of affairs in the country — especially given…



Semafo hits new gold zone in Niger

Taking the time to have a look through old data has led to a new discovery for Semafo (SMF-T). The Montreal-based, West Africa-focused miner found a new mineralized trend at Samira Hill in Niger after pouring over a patchwork of historical…


Editorial: Fleece Navidad

At the halfway mark of the year, the political difficulties are starting to pile up for North American and European explorers and miners operating in several Latin American countries. But front and centre these days is Argentina, with its rich…



US markets

U.S. equities jumped late in the week on news that European leaders agreed to distribute rescue funding directly to troubled national banks, which marked a victory for Spain and Italy, where borrowing costs where hitting dangerous levels…


Bolivian President Evo Morales.

Bolivian gov’t seizes Glencore’s Colquiri mine

The Bolivian government’s recent decision to ­nationalize Glencore International’s (GLEN-L)Colquiri lead-tin mine “will pose a number of serious questions relating to the government’s future policy towards foreign…


RCMP investigates Cardero’s activities in Ghana

Despite promising early results from its Sheini iron ore project in Ghana, Cardero Resource (CDU-T) could be facing a few legal headaches.The Royal Canadian Mounted Police (RCMP) has launched an investigation into how Cardero won the…


People

Allana Potash — Richard Kelertas appointed senior VP of corporate development.American Vanadium — Ron Espell appointed  VP of environmental.Atico Mining — Fernando Ganoza appointed CEO.Augusta Resource — Raghunath…



Uranerz discovers new uranium trend in Wyoming

Uranerz Energy (URZ-T, URZ-X) says it has discovered a new uranium trend on its Monument project, 24 km southeast of where the company is building its first in-situ recovery uranium mine at the ­Nichols Ranch project in Wyoming’s…


TSX Venture Exchange

The S&P/TSX Venture Composite Index declined for another week, though losses were limited to 15.04 points after a late rebound that had the index close the period at 1,190.99 points. Volume climbed by a few million compared with the week…


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