News

Altius more than a blip on Haywood’s radar screen

Newfoundland is proving to be a favoured hunting ground for junior companies searching for stand-alone gold projects or base metal deposits that might attract the interest of majors. Mining analyst Ja…


Iamgold to drill six properties

Though best known for its 38% stake in the Sadiola Hill mine in Mali, Iamgold (IMG-T) is making a name for itself on the exploration scene. In addition to mine-site exploration, the globe-trotting com…



Cambior fights for survival

With creditors breathing down its neck, Cambior (CBJ-T) has been granted a one-month extension to turn in a plan outlining how it will repay or refinance the balance of its bank loan by the end of thi…


Bema closes financing for Julietta project

Through its 79%-owned Russian subsidiary, Bema Gold (BGO-T) has closed a US$35-million financing agreement for the construction of the Julietta mine in that country’s far eastern region.The financing …


Partners find high grade beneath low grade

A hole drilled by Normandy Mining (NDY-T) at the advanced Ntotoroso gold property in Ghana suggests the presence of higher-grade tonnage beyond the current pit outline.Situated near Kumasi, in the cou…


Metallurgical breakthrough key to Howards Pass

Tails do not wag dogs, or at least not for very long, and trends in the exploration business ultimately follow the forces that are driving the metals and mining business further downstream.Metal marke…


Conflict in DRC a black cloud over mining

Helped by Rwanda, rebel leader Laurent Kabila toppled larcenous dictator Mobutu Sese Seko in 1997 and became president of the Democratic Republic of Congo (DRC), formerly Zaire. A year later, Rwanda a…



Conquest gains CDNX listing

Conquest Resources will test its mettle on the Canadian Venture Exchange under the new symbol yqr.The Toronto-based junior holds gold exploration properties in Zimbabwe and Tanzania, as well as intere…


Sulliden drilling at Mario

Sulliden Exploration (SUE-T) has begun a 7-hole, 800-metre drilling campaign on the Mario base metal property in the Peruvian department of Junin, some 50 km southwest of Huancayo.The new holes will t…


Los Frailes expansion on hold

Continued losses at the Los Frailes zinc-lead mine in southwestern Spain have forced Boliden (BOL-T) to apply for court protection for operating subsidiary Boliden Apirsa.Apirsa, which had been losing…


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