The bulls were riding high, as the Toronto Stock Exchange 300 composite index rose 59.30 points to close the report period ended June 17 at 6,532.34.On June 13 the index hit 6,550.61 points, yet anoth…
Drought in the highlands of Papua New Guinea (PNG) is hampering mine operations there.At the Porgera gold mine, 50% owned by Placer Dome (PDG-N), mill operations were suspended June 1 owing to low wat…
Amax Gold (AU-N) has bought a half interest in the Kubaka gold mine in far eastern Russia from Cyprus Amax Minerals (CYM-N).To complete the transaction, Amax issued 11.8 million shares of common stock…
After considerable delays, Montreal-based Cambior (CBJ-T) expects to receive environmental permits for its Carlota copper project in east-Central Arizona.The company has spent five years and US$52 mil…
Exploration results from several work programs are confirming the gold potential of Burkina Faso and, at the same time, adding impetus to efforts to revive the dormant Poura gold mine in the West Afri…
BBY THOMAS BROCKELBANKWhile it is making a name for itself with its Cuban projects, Holmer Gold Mines (HGM-T) is keeping one foot firmly planted in one of Canada’s oldest mining camps.Holmer has a 100…
The most recent drill results from the Sinter gold zone at the San Martin concession in central Honduras indicate that the mineralized blanket covering the dome-shaped hill thins to the northwest, wit…
Denver-based junior Gabriel Resources (GBU-V) has signed a joint-Venture agreement with the Romanian state-owned mining company Regia Autonoma a Cuprului Deva.The partners are establishing a Romanian …
A new preliminary resource estimate for International Curator Resources’ (IC-T) Boleo property in Baja California Sur, Mexico, shows a slight decrease in copper values but almost a 12% jump in cobalt….
Junior Taseko Mines (TKO-V) is pleased with results received from a program of large core diamond drilling on the Prosperity project near Williams Lake in central British Columbia.The results compare …
A first phase of diamond drilling is in full swing on the Anamar-Princesa gold property in north-Central Chile.Southwestern Gold (SWG-T) reports that small-scale mining in the past produced ore gradin…
Management of Gold Canyon Resources (CGU-V) reports that Cameco (CCO-T) has dropped its option to earn an interest in the Springpole Lake gold project, 113 km northeast of Red Lake, Ont.The project wa…
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