News

In a move aimed at upgrading its processing capabilities at a time of prolonged low gold prices, Newmont Mining (NEM-N) has started an US$8-million bio-leaching and milling project at its Carlin opera…

The winds of change have not had an easy time blowing into China, and numerous North American mining companies active there continue to run up against a Great Wall of Frustration.However, mining analy…

Valerie Gold Resources (VLG-V) has inked a deal with TVX Gold (TVX-T) for a 50-50 joint venture in the Santa Barbara gold-copper property in north-central Ecuador.The 10,000-ha property, which consist…

A 2,000-metre drill program is under way at the Adi Nefas and Doop properties owned by Rift Resources (rif-v) in Eritrea.At Adi Nefas, a volcanogenic massive sulphide deposit, the company is attemptin…

South Malartic Exploration (MSU-M) has picked up a gold silver property 50 km northeast of Trois-Rivires, Que.Past exploration on the 765-ha property uncovered an indicated resource of 400,000 tonnes…

The planned expansion of the LaRonde gold-copper mine in northwestern Quebec moved one step closer to reality recently, with Agnico-Eagle Mines (AGE-T) entering into a revolving bank facility with Bar…

Junior Nuinsco Resources (NWI-T) will drill-test 23 massive sulphide targets at its Lac Rocher nickel-copper property in Quebec. The anomalies were outlined by geophysical methods.At Confederation Lak…

Gold producer Echo Bay Mines (ECO-X) intends to focus its limited exploration budget on North American projects viable at current low prices for the yellow metal.The strategy is aimed at acquiring ear…

Francisco Gold (FGX-V) has completed a 9-month drill campaign at its El Sauzal project in Mexico’s Chihuahua state.Since November, the company has completed 64 core holes, bringing to 188 the total nu…

Lower production and the depressed price of gold contributed to a second-quarter loss for Exall Resources (EXL-T).For the three months ended June 30, the junior miner lost $678,159 (or 2 cents per sha…