News



Two drill rigs (centre and far left) turn on Bema Gold's Kupol property.

Russian project delivers high-grade results

Results from ongoing drilling by Bema Gold (BGO-T) on a high-grade gold-silver prospect in Russia’s Far East region are confirming the potential for a near-surface, multi-million-ounce deposit.To date…



The portal to the Swan decline, which currently runs some 5 km and extends to a depth of about 850 metres below surface. The anticlinal-synclinal structures typical of the Bendigo goldfield can bee seen on the walls of the ramp.

Bendigo eyes Victorian revival

Bendigo, Australia — Bendigo Mining is looking to extract up to 25 million oz. gold from the historic goldfield after which it is named, here in central Victoria state.Making a bit of history itself,…


Microbes and mining

Noise is anathema to the modern mining industry, as it generally means wasted energy. In looking for better, less-loud ways of winning metals, the industry is increasingly turning to techniques that i…



SpectrumGold picks up Galore Creek

Vancouver — SpectrumGold has inked a deal with mining giants Rio Tinto (RTP-N) and Anglo American (AAUK-Q) to buy the Galore Creek gold-silver-copper deposit in northwestern British Columbia.



Mag cuts narrow vein at depth (August 25, 2003)

Vancouver — Initial results from an ongoing, 3,500-metre drill program indicate narrow intervals of high-grade silver-gold values between 400 and 500 metres below surface on the Juanicipio claims in …


Claude squeaks by in second quarter

Higher headgrades and stronger gold prices enabled Claude Resources (CRJ-T) to offset the weaker U.S. dollar and record a small profit for the 3-month period ended June 30.Net earnings totalled $107,0…


Yamana expands in Brazil

Spokane-based Yamana Resources (YRI-T) has paid US$20.9 million for the Fazenda Brasileiro gold mine in northeastern Brazil. The vendor is Companhia Vale do Rio Doce (RIO-N).The funds were made possib…


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