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Canadian gold and energy royalty company offering aiming to raise more than $1-billion
Franco-Nevada, the Canadian gold and energy royalty company sold to Newmont Mining Corp. in 2002, is set to rise again with an initial public offering aiming to raise more than $1-billion – by far the largest debut on the Toronto Stock Exchange this year.
Hoping to attract the millions of mining investment dollars that have come […]
Newmont Mining loses $2.06-billion in Q2 2007
Newmont Mining Corp. has released the second quarter financial and operating results, which include a negative $2.12-billion impact of strategic initiatives completed during the second quarter. For the quarter, the company reported a net loss of $2.06-billion $4.57 per share), compared with net income of $161-million (36 cents per share) for the second quarter of […]
Geoinformatics Announces the Startup of Drilling on the Whistler Project
Geoinformatics Exploration Inc. is pleased to announce that drilling has commenced on its new Alaska gold-copper porphyry project, (the “Whistler Project”) which is located 161 km. northeast of Anchorage.
The initial drill holes of the 2007 drill program will be completed on the “Whistler Zone” totaling 3,000 metres of definition and in-fill drilling. Previously drilling by […]
Geoinformatics’ Australian Subsidiary Files Prospectus
Geoinformatics Exploration Inc. (”Geoinformatics” or the “Company”) announced today that its wholly-owned Australian subsidiary, Clancy Exploration Limited (”Clancy”), filed a prospectus (the “Prospectus”) on May 22, 2007, with the Australian Securities and Investments Commission for an initial public offering of its shares (the “IPO”), and the seven-day review period ended on May 30, 2007. The […]
Reid faces pressure over mine law reform
Senate Majority Leader Harry Reid of Nevada, a gold miner’s son from the top gold-producing state in the nation, is confronting competing political interests as House Democrats prepare to rewrite an antiquated hard-rock mining law.
The minerals mining industry holds huge sway in Nevada and industry is balking at some of the most far-reaching reforms. Reid […]
Mining law a dilemma for Sen. Harry Reid
Senate Majority Leader Harry Reid (news, bio, voting record)’s role as a chief defender of hard-rock mining got trickier Thursday as House Democrats renewed a long-standing campaign to rewrite an 1872 law that protects the industry.
The General Mining Law is the “Jurassic Park of all federal laws,” House Natural Resources Committee Chairman Nick Rahall (news, […]
Law of extraction a dilemma for the probe. Harry Reid
The Chief Harry disc of Reid (news, bio of majority of senate, voter) of Nevada, the son of a gold minor of the state higher but-producer in the nation, confronts political interests of competition while the democrats of Room lay out with récrire a law of extraction of obsolete hard-rock.
The mining ore industry holds enormous […]
Vista Announces New Agreement With Luzon Minerals Ltd. for Option to Purchase Amayapampa Project, Bolivia
Vista Gold Corp. (Amex: VGZ; Toronto) (”Vista”) announced today that, subject to receipt of all necessary regulatory and other approvals, it has entered into a new agreement with Luzon Minerals Ltd. (CDNX: LZN-V - News; “Luzon”) with respect to the Amayapampa Project. Under the terms of the new agreement, Vista has granted to Luzon an […]
Atomic Minerals Announces Signing of Letter of Intent to Acquire 1209 Unpatented Uranimum Mining Claims in Colorado
Atomic Minerals Ltd. (”Atomic” or the “Company”) is pleased to announce that it has entered into an agreement in principle with 0754257 B.C. Ltd. (the “Target”) dated January 11, 2007 (the “Agreement”) to acquire all of the issued and outstanding securities of the Target (the “Proposed Acquisition”).
Atomic is a capital pool company and intends […]
