Vancouver — The first five holes in an ongoing drill program by Novagold Resources (NRI-T) have confirmed the high-grade nature of the Acma target on the 13-million-oz. Donlin Creek gold deposit in s…
Following a two-month shutdown caused by unusually severe winter conditions, mining has resumed at Yamana Resources’ (YRI-T) high-grade Martha underground silver mine on the Bacon property in the sout…
Messina, a 70.4%-owned subsidiary of SouthernEra Resources, (SUF-T) has satisfied all conditions for a R345-million (US$40-million) loan to construct the Messina platinum-group-metals (PGMs) mine in S…
Denver — A make-or-break exploration program by Trans Hex International (THI-T) is under way at the Barra Grande alluvial diamond project in Brazil.The junior is earning a 50% interest in the project…
Denver — LUKoil, Russia’s largest oil company, is pressuring Archangel Diamond (AAD-V) to sign a document terminating all rights to the Verkhotina diamond licence in northern Russia.Archangel was giv…
Dianor Resources (DOR-M) has begun field work over 14 airborne magnetic anomalies in the James Bay region of Quebec.The anomalies are clustered in a 100-sq.-km area, within granitic terrain near sever…
Vancouver — Mustang Minerals (YMU-V) has joined forces with Falconbridge (FL-T) to explore for diamonds in the Marten River area, near North Bay, Ont.Mustang has obtained a half-stake in the Marten R…
Denver — Sudbury Contact Mines (SUD-T) has withdrawn from the Tonkin Springs joint venture in central Nevada, citing poor exploration results.The company, which was earning a 60% stake in the project…
Vancouver — Three of the four near-surface, sub-parallel kimberlite sills cut by De Beers Canada Exploration in the MZ Lake area have returned varying amounts of microdiamonds.The major hit the sills…
A better understanding of mineralization has led to a 25% increase in reserves at the Red Lake gold mine in northwestern Ontario.Goldcorp (G-T), which began commercial production at the year’s start, …
Muskox Minerals (MSK-V) plans to form a joint venture with British-based platinum producer Lonmin to explore and possibly develop the junior’s platinum-palladium-copper-nickel project in Nunavut.Under…
South Africa’s Gold Fields (GOLD-Q) has succeeded in its bid to acquire Australia-based WMC Resources’ St. Ives and…
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