News

Nevada showcase for Barrick’s exploration prowess

While conventional wisdom has it that senior companies don’t find mines, those perpetuating this notion sometimes forget to take into account the deposits found by producers in sight of their existing…


Bonanza plans drill program

A drill program by Bonanza Silver (BZS-V) will test the Cornucopia Caldera project, northwest of Elko, Nev. As the company’s name implies, the program is aimed at finding “bonanza-grade epithermal sil…


Golden Phoenix evaluates gold resource

Having completed a resource estimate of the six main deposits at its Borealis project in western Nevada, Golden Phoenix Minerals (GPXM-O) is one step closer to beginning a feasibility study.The most r…


Placer Dome takes its lumps for Getchell merger

After shelling out US$1.1 billion to acquire Getchell Gold, Placer Dome (PDG-T) was on its way to increasing gold production from operations in Nevada. However, falling gold prices during the summer o…



Jesuit mission time capsule for Silver Valley

A Jesuit mission built in 1848 on the banks of the Coeur d’Alene River in northern Idaho is helping scientists understand what the natural levels of lead and zinc were prior to mining.The discovery of…


Drilling by Great Basin boosts Ivanhoe

With five rigs turning on its wholly owned Ivanhoe project in Nevada, Great Basin Gold (GBG-V) continues to hit bonanza-grade gold mineralization underneath the previous discovered Hollister resource….


Battle Mountain upgrades Phoenix

Houston, Tex.-based Battle Mountain Gold (BMG-N) plans to expand the mining rate for its proposed Phoenix project by 40% to 30,000 tons per day.Average production at the project, situated in northern …


Geomaque boosts earnings

By lowering costs, Geomaque Explorations (GEO-T) managed to turn a respectable profit in the first quarter.Earnings topped US$402,000 (or 1 per share) on revenue of US$5.5 million, compared with US$8…



Trivalence nets US$4.3M

The sale of 6,890 carats of diamonds has generated US$4.3 million for Trivalence Mining (TMI-V), operator and 85%-owner of the Aredor mine in Guinea, West Africa.The five parcels of diamonds sold for …


AMT to sell copper production to General Motors

Toronto-based junior AMT International Mining (AAI-T) has signed a long-term off-take agreement for its Copper Creek copper-molybdenum project, 45 miles northeast of Tucson, Ariz.Over five years, begi…


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