News

In 1998, an estimated $236 million was budgeted for worldwide zinc exploration, a 13% decline from the year before. Although exploration budgets are being cut significantly again this year, the relati…

The total in situ “global tonnage” resource for the NW Snap Lake kimberlite dyke is estimated at 23.4 million tonnes, with an average vertical thickness of 2.44 metres.Snap Lake is part of the Camsell…

Banro Resource (BNRS-C) reports that two employees from its Congolese subsidiary and two attorneys from Banro’s legal advisor, Mitchell and Associates, were charged with “high treason” in the Democrat…

Although the price of silver is north of US$5 per oz., Coeur d’Alene Mines (CDE-N) has decided to cut exploration and administrative expenses to the tune of US$6.5 million per year.The Idaho-based com…

The Vancouver Stock Exchange composite index rose 7.99 points, or 1.8%, during the report period ended July 6, to close at 440.26. The mining index was up 6.21 points, or 2.1%, at 296.94. The combined…

Copper was the big story during the June 30-July 6 report period, with prices shooting up 5 cents, to 75 cents per lb., in response to a series of cutbacks in copper mining and smelting operations in …

Atna Resources (ATN-T) is preparing to launch drill programs at three of its properties, the total budget for which is about $2 million.A minimum 5-hole program is planned for the San Antonio volcanog…