High on Tibet
SITE VISIT Shigatse, Tibet Autonomous Region, China — With the Chinese government looking to use Continental Minerals’ (KMK-V, KMKCF-O) Xietongmen copper-gold deposit as a template for future foreign mining deals…
Asia
How to model windfall profits taxes
Commentary In planning a new mine, engineers can draw on a wealth of long-established procedures to prepare a finely detailed study to track construction and operating costs down to the…
Record earnings for Newmont in 2006 (March 05, 2007)
Vancouver — The world’s number two gold producer, Newmont Mining (NMC-T, NEM-N), posted record net income of US$791 million (US$1.76 per share) in 2006, topping its previous year’s performance of US$…
Friedland touts Mongolian partnership
Vancouver — Ivanhoe Mines (IVN-T, IVN-N) chairman Robert Friedland says he can see the advantage of partnering with the government of Mongolia as the company works to develop the massive Oyu Tolgoi c…
Vietnamese firm buys Tiberon Minerals (March 05, 2007)
Dragon Capital Management’s takeover of Tiberon Minerals (TBR-T, TBMLF-O) has become a reality now that the majority of shareholders have accepted the $3.65-per-share offer.
Southwestern hits high grade at Boka 1 South
Vancouver — Southwestern Resources (SWG-T, SWGGF-O) says it is on track to deliver a prefeasibility study for its Boka gold project in southwestern China after releasing new drill results from the pr…
CGA to pick up Masbate
CGA Mining (CGA-T, CGX-A) has entered a deal with Thistle Mining (THTLF-O, TMG-L) to take over the Masbate gold project in the Philippines for US$30 million in cash and another US$21 million worth of …
Kyrgyz coalface a dangerous place
HEALTH & SAFETY
Southwestern hits China high grade at Boka 1 South
Vancouver – Southwestern Resources (SWG-T, SWGGF-O) said it is on track to deliver a prefeasibility study for its B…
New Guinea Gold and Vangold up on gold find in Papua New Guinea
Shares of New Guinea Gold (NGG-V) and Vangold Resources (VAN-V) both got a hefty lift after announcing results from…
SXR moves to acquire UrAsia (February 19, 2007)
SXR Uranium One (SXR-T, SXR-J) has offered to take over UrAsia Energy (UUU-V, UUU-L) to create a $5-billion uranium company that would have early production from Australia and South Africa, and advanc…
Centerra weathers stormy 2006
As its fourth-quarter results laid bare, 2006 was not a banner year for Centerra Gold (CG-T, CAGDF-O).