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A driller at Canaco Resources' Handeni gold project in Tanzania. Photo by Canaco Resources

Canaco continues expanding Handeni (June 06, 2011)

Showing little sign of slowing down, Canaco Resources (CAN-V) has in recent weeks accelerated a 28,000-metre drill program in Tanzania, readied the spin-out of its Ethiopian assets, raised almost $140 million, and dramatically increased its…


Batero Gold's Batero-Quinchia project, 55 km north of Pereira in Risaralda department, Colombia. Photo by Batero Gold

Batero’s new Colombian results show promise

Eight drills are turning on Batero Gold’s (BAT-V)  two gold and porphyry centres at its 100%-owned Batero-Quinchia project in Colombia. The project is 20 km north of Medoro Resources’ (MRS-V) Marmato project and 100 km southeast of…


Prodigy doubles program at Magino

Prodigy Gold (PDG-V) has more than doubled a 20,000-metre drill program at its Magino gold deposit near Wawa, Ont., to 45,000 metres after recent results defined new targets of resource expansion.  


Cayden advances three North American projects

The team behind Ghana-focused Keegan Resources (KGN-T. KGN-X) has set its sights on advancing several North American prospects through relatively new entrant Cayden Resources (CYD-V).


South American Silver advances in Bolivia

Proposed changes to laws governing mines owned and operated by the Bolivian State Mining Corporation, or COMIBOL, will have no impact on South American Silver’s (SAC-T) 100%-owned Malku Khota silver-indium project, the company says.


Peruvians protest against Bear Creek’s Santa Ana

The Peruvian government has authorized the deployment of armed military troops to southern Peru’s Puno region in response to large anti-mining protests that have blocked roads connecting the country with Bolivia.



Agnico-Eagle buys 18.6% of Mexico-focused Colibri

Major Canadian gold miner Agnico-Eagle Mines (AEM-T, AEM-N) has acquired six million shares and four million share purchase warrants of Nanaimo-based Colibri Resources (CBI-V), exploring for gold and polymetallic mineralization in northwestern…



Inmet Mining’s Balboa zone excites the market

A high-grade intercept of 124 metres of 2.32% copper and 2.28 grams gold per tonne in the Balboa zone at Inmet Mining’s (IMN-T) Cobre Panama project is making Balboa a “contender” UBS Investment Research associate analyst Matt Murphy wrote…


Augusta Resource makes headway at Rosemont Copper project

The preliminary draft Environment Impact Statement on Augusta Resource’s (AZC-T, AZC-X) Rosemont Copper project near Tucson in Arizona has been delivered by the Coronado National Forest to the State of Arizona and local cooperating agencies,…


Sabina sells Hackett, looks to gold for future growth

Nunavut-focused explorer Sabina Gold & Silver (SBB-T) has signed a definitive agreement to sell its 100%-owned Hackett River silver-zinc project, located near the Bathurst Inlet in southern Nunavut, to the Canadian arm of Swiss mining…


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