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Gold Mining Company, Alamos Gold’s Reported Gold Mine Exploration Increase 21 Percent From Sonora Mine, Mexico
In March of this year, Alamos Gold announced an increase of 21 percent in proven and probable reserves at its 100% owned Mulatos gold mine in Sonora Mexico. Coincident with the reserve increase was a decrease in measured and indicated resources of 14 percent (as those moved up into the reserve category), but an increase [...]
Teck Cominco Interest Andacollo Gold Mine Production Agree To Pay $300 Million Royalti Transaction
Teck Cominco Limited announced today that Compania Minera Carmen de Andacollo has agreed with Royal Gold Inc. to sell an interest in the gold production from the Andacollo mine for US$300 million.
Canadian Mining Company, Teck Cominco Plans Asset Sale
Canadian miner Teck Cominco is planning a series of measures including more than $2 billion in asset sales, a debt restructuring and a potential equity issue, the Globe and Mail said, citing sources familiar with the plan.
North Queensland Metals Into an Option Agreement To Buy Dotswood Gold Mine Project
North Queensland Metals Limited has entered into an option agreement to purchase the Dotswood Gold Project, located 60km southwest of Townsville.
Caza Gold Corp. Plans To Acquire Mining Properties in Mexico
Caza Gold Corp is on a mission to acquire mining properties in Mexico as part of the company’s expansion plans.
Azumah Resources Exclusive Agreement To Purchase Ghana Gold Mine Project
Australia-based Azumah Resources has entered into an exclusive agreement with TSX-listed Crew Gold Corporation to purchase that company’s Wa project, in Ghana.
Australian Govern. Needs Better Plan Target Mining Exploration and Mining Jobs
The West Australian Government needs a more targeted approach to mining redundancies after the loss of 6022 jobs in the past five months, the state opposition says.
South Africa Government Delay Implementation New Mineral and Mining Royalties
In an effort to mitigate job losses in the mining industry, South Africa’s Finance Minister Trevor Manuel on Wednesday proposed that government delay the implementation of new mineral and mining royalties until March 2010.
Mining Companies To Pay Royalties Hard-Rock Mineral-Extraction
A 137-year-old exemption that allows companies to extract hard-rock minerals from public lands without paying royalties could cost the nation $1.6 billion during the next decade, says a new report by the Pew Campaign for Responsible Mining.
