SASKATOON, SASK. — As with all other commodities, diamonds had a rough year in 2008. All sectors of the diamond pipeline have adjusted, and will continue to adjust to the current economic climate.
Unable to get its hands on the money it needed to make a final payment on the San Agustin poly-metallic deposit, Geologix Explorations (GIX-T, GXEXF-O) must walk away from a project it has spent most …
The economic crisis may be pushing many companies to the wall, but Barrick Gold (ABX-T, ABX-N) ended the year with a cash balance of US$1.4 billion, an undrawn US$1.5-billion credit facility, and the …
Uruguay’s relative obscurity as far as mining countries go has generally worked for Uruguay Mineral Exploration (UME-V, UGY-L).
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?
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…
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.
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…
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.
Alamos Gold — Herve Thiboutot appointed VP of exploration; Ken Balleweg has stepped down as VP of exploration but will remain exploration manager.
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 usually finds itself in the Western media’s headlines for its dispute with neighbouring Ethiopia over the border that divides the two countries.
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