Study offers bright snapshot of Oyu Tolgoi
An independent scoping study has concluded that Ivanhoe Mines’ (IVN-T) Oyu Tolgoi copper-gold project in southern Mongolia has sufficient and rich-enough mineralization to warrant mining.The study eva…
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Eurasian Minerals spreads wings in Kyrgyzstan and Turkey
Vancouver — With $3.9 million in its coffers, Eurasian Minerals (EMX-V) has picked up three mineral exploration licences totalling 5,125 sq. km in Kyrgyzstan, as well as the Sisorta high sulphidation…
African Gold Group zeroes in on Ghana
Four of the men who helped create gold junior Banro (BNR-V) in the mid-1990s have regrouped for a grassroots venture in Ghana under the banner African Gold Group, which will soon begin trading as a ti…
San Gold, Gold City team up to buy Bissett mine
The Bissett gold mine, north of Winnipeg, Man., is about to change hands yet again.South Africa’s Harmony Gold Mining (HMY-N) has inked a deal to sell the project to San Gold Mining (SGR-V), a junior …
Placer Dome eyes US$2.2-billion gold project pipeline
Vancouver — Maintaining production levels following a period of rapid growth is never easy, but with four major gold deposits sitting in its property pipeline, Placer Dome (PDG-T) aims to do just tha…
Gold gives Nicaragua much-needed boost
Few countries have as sad a tale to tell as Nicaragua. Ravaged by a decade of civil war and strangled by a U.S. trade embargo in the 1980s, her economy was just beginning to recover when Hurricane Mit…
Agnico-Eagle’s gold reserves approach 8 million oz. (March 08, 2004)
A year of furious drilling has allowed Agnico-Eagle Mines (AGE-T) to nearly double reserves to 7.9 million oz. gold at the LaRonde mine and nearby Lapa and Goldex exploration properties in northwester…
Kimber aims to advance Carmen to feasibility
Stronger precious metals prices have re-ignited interest in Mexico’s Sierra Madre gold-silver belt, and among the beneficiaries is Kimber Resources (KBR-V), which plans to complete a feasibility study…
Labrador uranium draws juniors
Two companies better known for their efforts in gold exploration — Fronteer Development Group (FRG-T) and Altius Minerals (ALS-V) — have reopened the search for uranium in Labrador’s Central Mineral…
TVI Pacific buoyed by progress at Rapu Rapu in Philippines
An improved outlook for metals prices has Calgary-based TVI Pacific (TVI-T) expecting to benefit from several advanced polymetallic projects in the Philippines.The company holds a 2.5% net smelter ret…
Greystar cuts gold, reviews data
Greystar Resources (GSL-T) has intersected more long intersections of gold at its Angostura property in northeastern Colombia.The results from seven new holes represent the discovery of several struct…
Gold Fields takes pass on Miyabi
In spite of some significant intersections in recent drilling, South African mining house Gold Fields (GFI-N) has turned down its option on the Miyabi project in the Lake Victoria goldfields of Tanzan…