Drilling by Silver Standard Resources (SSO-V) has returned 46 metres grading 284 grams silver per tonne from the Bowdens silver deposit in New South Wales, 200 km northwest of Sydney.The junior comple…
Turning a profit at current gold prices is no easy task, which is why management of Akrokeri-Ashanti Gold Mines (YAG-V) is justifiably proud of the numerous records set during the 2001 first quarter a…
The Seabee gold mine in Saskatchewan’s La Ronge district has produced modest profits for most of its 10-year operating history. Not so in the first quarter of 2001, when operator Claude Resources (CRJ…
Toronto-based Franco-Nevada Mining (FN-T) has acquired an additional 1.2 million shares of Metallica Resources (MR-T), boosting its equity stake to 3.4 million shares, or 12.76% of the Colorado-based …
Teck (TEK-T) is funding an exploration program at Orezone Resources’ (ORZ-T) Kantela gold property in Mali.The major can earn 60% interests in the Kantela and Shea gold properties (the latter is in Gh…
With mining suspended at the Sigma-Lamaque open-pit gold mine in Val d’Or, Que., McWatters Mining (MCW-T) has posted a loss of $2.9 million (or 4 per share) on revenue of $13.2 million for the first …
Hoping to outline a platinum group metals deposit, Wolfden Resources (YWO-V) and Jonpol Explorations (JON-T) have acquired a 2.6-sq.-km parcel of ground in the Thunder Bay region of Ontario.The pair s…
A budget of $4.8 million has been approved by the Fort la Corne joint-venture partners for further drilling and evaluation of three kimberlite bodies at the Saskatchewan project.Partners De Beers Ca…
An option agreement with Atikokan Resources (AKN-V) sets the stage for Inco (N-T) to earn a 55% interest in the junior’s Lumby Lake project in northwestern Ontario. The target is believed prospective …
The Wyoming State Geological Survey has identified the Medicine Bow National Forest as a region with high potential for diamonds and platinum group metals (PGMs).The forest lies on the edge of the Wyo…
An investigation into the recent explosion that killed 12 workers at Gold Fields’ Beatrix mine in South Africa has revealed that the operation had inadequate maintenance standards.The report, performe…
De Beers Canada Exploration continues to search for the elusive source of the Ken Hicks kimberlite indicator mineral train on the LA 1-2 claims of the Doyle Lake joint venture project in the Northwest…
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