News

Perth-based gold miner Resolute Mining has exercised an option to buy the majority interest in the Syama gold mine, in southern Mali, from Randgold Resources (GOLD-Q).

Rio Narcea Gold Mines () says lower stripping costs helped boost cash flow by almost 40% to more than US$6.8 million during the last three months of 2003.

Vancouver — Northern Lion Gold (NL-T) reported impressive gold assays from the first two holes drilled on its Haveri gold-copper property in southwestern Finland, even before reaching targeted depths.

Vancouver — South Atlantic Ventures (SAA-V) is encouraged by drill results at the Rakkurijarvi copper-gold discovery, part of the Norrbotten project in Sweden.

With the price of platinum at heights not seen in over 20 years, SouthernEra Resources () is considering splitting its platinum and diamond holdings into two separately listed companies.

Vancouver — Quadra Mining (QUA-T) has raised $145 million as part of a broad effort to become a mid-tier, base metal mining and exploration company, and used some of the proceeds to acquire the Robinson copper mine project, nea…

Vancouver — Mapping and sampling have enabled Sur American Gold (SUR-V) to outline a copper-gold zone on the flank of the Tagpura porphyry deposit at the Comval project in the Philippines.