Drilling at the Carrie Creek gold target in east-central Alaska has come up short for Ventures Resource (VRS-V).The company completed 8,000 ft. of drilling in 10 holes, returning only anomalous gold v…
With improving production costs and the discovery of new mineralized zones, the revived Greens Creek mine in Alaska is securing its position as one of the largest silver mines in the U.S.Situated on A…
Junior Anooraq Resources (ARQ-V), part of the Dickinson-Hunter group, has acquired the rights to a 74-sq.-km land package prospective for platinum group metals. The properties are on the northeastern …
Inmet Mining (IMN-T) is on track for a profitable year following a third quarter that saw the copper and gold producer earn $8.4 million on revenue of $32.1 million (or 22 cents per share).After $3.4 …
Infill drilling by Australian-based Western Mining Corp. (WMC-N) has confirmed resources previously inferred at the Meliadine West property near Rankin Inlet, Nunavut.The infill program, consisting of…
Underground sampling by Gabriel Resources (GBU-V) has resulted in a preliminary resource estimate for the Certej gold project near Deva, in western Romania.The Certej exploration concession covers gro…
Although base metals and gold prices are showing signs of strength, budget increases usually lag behind improved metal prices by a year.Exploration spending will continue to drop in the near term, but…
C.O. “Chuck” Brawner, a civil engineer with extensive experience in rock mechanics, has received the R.F. Leggat Award for his contributions to the field of geotechnical engineering.The award was pres…
Two employees of the Canadian branch of British-based engineering firm Kvaerner have been named to the Russian Academy of Mining Sciences for their contributions to that country’s mining industry.Vice…
A report in our Oct. 28 issue states that St Andrew Goldfields (SAS-T) intends to earn a majority interest in the Timmins gold project of Holmer Gold (HGM-T). In fact, the agreement only covers the pr…
The Chinese government has upgraded its Mining Code in an attempt to lure more foreign investors, but mining firms remain critical of a component that prohibits gold hedging.The changes allow foreign …
In the copper world, things don’t get much better than US8 cents per lb., which is the lowest cost of production ever reported by Freeport-McMoRan Copper & Gold (FCX-N) from its vast Grasberg mine in …
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