Vancouver – Fronteer Gold’s (FRG-T) Long Canyon project in Nevada is churning out long, high-grade gold intercepts at six drill rigs work to complete a 70,000-metre drill program in the run-up to an initial economic assessment.
Vancouver – When results from the first five holes of a drill program include such intercepts as 40.6 metres grading 3.12 grams gold per tonne and 55 metres grading 8.42 grams gold, the program can be labelled a success even before it is half…
Caterpillar Inc. (CAT-N), the world’s largest maker of construction and mining equipment, has agreed to buy Bucyrus International (BUCY-Q) in a deal worth US$8.6 billion (including debt) or US$7.6 billion in aggregate.
The TSX composite index fell 175.87 points or 1.4% to finish the Nov. 8-12 trading week at 12,749.24, while the Capped Metals & Mining index slid 48.02 points or 3.62% to close at 1,280.02. One hundred and forty-two companies reached new…
One of the new kimberlites Peregrine Diamonds (PGD-T) discovered this summer at the Chidliak project in Canada’s Nunavut territory has coughed up a gem-quality 1.15-carat diamond from initial sampling…
On the back of a positive feasibility study for its proposed 63-millionoz. Santa Ana silver mine project in Peru, Bear Creek Mining (BCM-V) is raising $113 million in a bought deal financing.
Spurred on by recent discoveries in the region, Radius Gold (RDU-V) has dusted off its Holly-Banderas gold-silver project in southeast Guatemala and is embarking on a drilling campaign to further test…
Barrick Gold (ABX-T, ABX-N) has completed nearly 90% of the detailed engineering and procurement work at its Pascua-Lama gold mine project and says it is on track to start production in the first quarter of 2013.The project, straddling the…
Wealth Minerals (WML-V) is kicking off an exploration program for rare earth elements (REE) in Argentina at Rodeo de los Molles, an undeveloped REE project that the company says is one of the largest in South America.Wealth Minerals is…
VANCOUVER — For years the Cerro Moro gold-silver project in Argentina’s Santa Cruz province played second-fiddle to Exeter Resource’s (XRC-T, XRA-X) sizable Caspiche gold project in Chile, but the project is now advancing quickly as the prime…
Minera IRL (IRL-T, MIRL-X, MIRL-L) wants to become a mid-tier gold producer, and it’s looking to South America’s gold wealth to reach that goal.The company, which currently has a small operating open-pit gold mine in Peru, has a three-phase…
VANCOUVER — While Iron Creek Capital (IRN-V) may be a little rusty after a long time off, a new president and new capital is kick-starting progress for the Chilean explorer.Timothy Beale, with more than 20 years of experience working in…
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