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 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 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 […]

A proposal to hit oil companies with $29 billion in new taxes advanced in the Senate on Tuesday, targeting the money to energy conservation, wind turbines, electric hybrid cars and clean coal technology.
The massive tax package, double what Democrats had discussed as recently as last week, is “designed to promote clean and sustainable energy,” said […]

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 […]

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 […]

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, […]

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 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 […]

U.S. Sen. Jeff Bingaman, the U.S. Senate’s top lawmaker on energy policy, is aiming to unveil a bill later this month that would address what he describes as “the royalty mess down in the Gulf of Mexico.”
“I hope in the next week or two we’ll have some legislation to propose” regarding the royalty issue, the […]