BHP approves Misery project at Ekati
BHP Billiton (BHP-N, BLT-L) gave a thumbs-up to its Misery open-pit project at the Ekati diamond mine near Yellowknife, N.W.T., on May 9.
News
Friendly Manitoba remains HudBay’s happy home (May 09, 2011)
With three operating underground mines, another under construction and more than 4,000 sq. km of prospective land to explore all in northern Manitoba, HudBay Minerals (HBM-T, HBM-N) has no plans to leave the province anytime soon, even with two…
Colossus’ best-ever intercept
Colossus Minerals (CSI-T) has cut a monster intercept from its 75%-owned Serra Pelada polymetallic project in Brazil’s Para state.
Newmont donates US$250,000 to University of Nevada
Newmont Mining (NEM-N) is supporting the Mackay School of Earth Sciences and Engineering at the University of Nevada, Reno, with a gift of US$250,000 to support students, faculty, research and educational outreach.
People (May 09, 2011)
Augustine Ventures – John Tokarsky resigned as a director; George Michael Newman and Rick Bonner appointed directors.
Western Potash expands resource
Western Potash (wpx-v) has boosted measured resources by 55%, indicated resources by 34% and inferred resources by 25% at its Milestone potash project in Saskatchewan, about 50 km south of Mosaic’s (mos-n) Belle Plaine mine, one of the world’s…
Belo Sun adds lustre to Volta Grande (May 09, 2011)
Belo Sun (BSX-V) is beefing up resources at its Volta Grande gold project in Brazil’s Para state, with plans of completing a feasibility study by year-end.
Creso eyes $43M JV with Hunter Dickinson
After completing more than 10,300 metres of drilling in the past year at its Shining Tree gold project in northeastern Ontario, Montreal-based Creso Exploration (CXT-V) has signed a preliminary joint venture (JV) agreement with the well-known…
Banro, China Gold to team up in the DRC
Just days after saying that a document regarding a possible takeover was a fake, Banro (BAA-T, BAA-X) has announced that it will team up with a Chinese major.
Semafo says it’s business as usual in Burkina Faso
Montreal-based Semafo (SMF-T) says operations at its flagship Mana gold mine in Burkina Faso have not suffered any disruptions as a result of recent military unrest across the country. In April, soldiers in several small towns and the capital…
Suppliers news (May 09, 2011)
Veolia gets two new contracts
Roxgold hits more high-grade gold at Yaramoko
Starting at a depth of 6 metres, Roxgold (ROG-V) drilled 20 metres of 28.61 grams gold per tonne at the Bagassi Central target of its Yaramoko gold project in Burkina Faso. Further downhole, starting at 38 metres, a separate 11-metre…