Ewan Downie’s Premier Gold Mines (PG-T) is taking full control of the Hardrock gold project near Geraldton in northwestern Ontario, in which it owns a 70% interest. The company will acquire the remaining 30% by taking over joint-venture-partner…
In the last few months Trevali Mining (TV-T) has expanded its resource base, changed its name, closed a $10-million financing, and listed on the Lima Stock Exchange. Now, it’s working to get two mines into production over the next 12 months.
After completing close to 70,000 metres of drilling over 160 core holes, Levon Resources (LVN-V) has released an initial bulk tonnage resource on its Cordero silver-gold-zinc-lead project in northern Mexico.
Drilling to test northwest- and northeast-trending structures at Avion Gold’s (AVR-T, AVGCF-O) Tabakoto deposit in Mali has returned significant intercepts, including 20.88 grams gold over 5.7 metres, 36.04 grams gold over 3 metres and 29.04…
Toronto Stock Exchange
Tuesday, June 27, 2011
One day before a key vote by TMX Group shareholders on a controversial takeover proposal by the London Stock Exchange, both companies abruptly ended the $3.6-billion deal, saying that there weren’t enough votes to clear the two-thirds required.
The First Peoples’ Cultural Foundation (FPCF) will receive $125,000 over three years from the Mining Association of B.C. (MABC) to assist with the documentation and renewal of endangered First Nations languages in the province.
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 27, 2011 (change from June 20 in brackets):
The UK Bribery Act 2010 has received significant press coverage in the United Kingdom and abroad. It will be important for Canadian mining companies with a U.K. nexus to understand its implications, in particular given that Canadian junior…
The 2011 National Mining Hall of Fame and Museum (NMHFM) inductees in the U.S. represent a cross-section of the industry from the coal, marble and lead sectors to metallurgical and processing research and development.
In the article “China Coal Aims to Become a Mid-Tier Producer,” (TNM, May 30-June 5, 2011), statements were made in respect to China Coal and its intended acquisition of the operating interest in the Mei Feng coal mine.
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