Heading south
Vancouver — A bombshell statement that Southwestern Resources (SWG-T, SWGGF-O) has retracted assay results from its flagship Boka gold project, in China, following the discovery of deficiencies in qu…
Asia
Areva buying East Asias Mongolian uranium projects for $83 million
Vancouver – French energy giant Areva (ARVCF-Q) must like what it sees on neighbour East Asia Minerals’ (EAS-V, EAI…
Newmont settles in Uzbekistan
Newmont Mining (NMC-T, NEM-N) has settled with the Uzbek government over its 50%-stake in the Zarafshan heap-leach …
Mercury use rising
It’s no easy task convincing the millions of artisanal gold miners across the globe that mercury, a substance they use routinely to extract fine gold from alluvial or lateritic ores, can be harmful to…
Jinshan closes offering
Vancouver — After recently cancelling a planned private placement citing dilution concerns, Jinshan Gold Mines (JIN-T, JINFF-O) has closed a $20-million debt financing to raise funds for Chinese expl…
Eldorado dealt blow in Turkey (July 23, 2007)
Vancouver — A surprise injunction is forcing Eldorado Gold (ELD-V, EGO-X) to shut down its Kisladag gold mine in western Turkey within roughly 30 days, and the mine will have to remain inactive until…
Southwestern has a problem
Southwestern Resources (SWG-T) has cautioned that results it had previously announced from the Boka gold project in…
OceanaGold Funds project through TSX
OceanaGold (OGC-T, OGC-A) has completed a $90-million initial public offering on the Toronto Stock Exchange with net proceeds going towards the development of the Didipio gold-copper project in northe…
UN project takes aim at artisanal miners’ mercury use
It’s no easy task convincing the millions of artisanal gold miners across the globe that mercury, a substance they …
Miners gather for pow-wow in Manila
Manila, Philippines — Held recently here, and organized by the Asean Federation of Mining Associations (AFMA), the…
Fronteer keeps hitting silver in Turkey (July 09, 2007)
Vancouver — Fronteer Development Group (FRG-T, FRG-X) keeps pumping out good news. Ten days after announcing that a new combined estimate for its Agi Dagi and Kirazli silver-gold deposits, in Turkey,…
Mindoro buoyed by Kay Tanda gold and Agata nickel values
Vancouver — Partial results from Mindoro Resources’ (MIO-V, MNODF-O) infill drilling at its Kay Tanda project in the Philippines sparked investor interest after the cutting of a near-surface, high-gr…