Uruguay’s Only Miner Searches Out More Gold
Uruguay’s relative obscurity as far as mining countries go has generally worked for Uruguay Mineral Exploration (UME-V, UGY-L).
News
Apollo Pays Hefty Price For Black Fox Funds
Apollo Gold (APG-T, AGT-X) now has the money it needs to push ahead with the construction of its Black Fox gold mine near Timmins, Ont., but at what cost?
Meliadine Gets Scoping Study Go-Ahead
VANCOUVER — After 20 years of work in Canada’s North, Comaplex Minerals (CMF-T, CXMLF-O) has a positive scoping study in hand for a combined open-pit/underground operation at its Meliadine gold proje…
Pacific North West Buys Nixon Fork Gold Mine
While many cash-poor resource companies are experiencing considerable pain in the current bear market, their well-funded brethren are using these conditions as an opportunity to acquire assets.
Chesapeake Mulls Options At Metates
VANCOUVER — Armed with long mineralized intercepts and a new metallurgical plan for a big gold-silver deposit in Mexico, Chesapeake Gold (CKG-V) is pushing ahead with exploration and development plan…
Editorial: De Beers’ US$500M Bailout
The seventh trading week of 2009 closed out with news of profound cash-flow problems at the iconic diamond miner De Beers, underscoring the global collapse in demand for luxury goods such as diamonds.
People (March 02, 2009)
Alamos Gold — Herve Thiboutot appointed VP of exploration; Ken Balleweg has stepped down as VP of exploration but will remain exploration manager.
Queenston Refuels With $18M Financing
Queenston Mining (QMI-T, QNMNF-O) has big spending plans for the Kirkland Lake gold camp, in northwestern Ontario, where it’s developing four gold deposits.
Eritrea’s Potential Sees Canadian Miners Through Turbulence
Eritrea usually finds itself in the Western media’s headlines for its dispute with neighbouring Ethiopia over the border that divides the two countries.
Ivernia To Resume Lead Shipments After Bird Deaths
Having established a safe shipping method, the government of Western Australia has approved a plan by Ivernia (IVW-T, IVWFF-O) to resume the shipment of stockpiled lead concentrate from the port of Es…
Peregrine Picks Up Land Surrounding Chidliak
Peregrine Diamonds (PGD-T, PGDIF-O) is more than doubling its prospecting rights on Baffin Island, Canada’s newest diamond district.
Kootenay Steps Out At Promontorio
VANCOUVER — Over the past two years, Kootenay Gold (KTN-V, KOOYF-O) has conducted a tightly focused drill program at the Pit zone on its 900-sq.-km Promontorio property in Sonora state, Mexico.