In mid-June, Altavista Mines (AIA-M) began the first phase of a 5,000-metre drilling program at the Philibert gold property, 50 km southwest of Chibougamau in northern Quebec.The initial phase of 2,30…
The Dow Jones industrial average slipped 170.65 points, or 1.6%, for the week ended June 15, to close at 10,594.99.Gold companies held steady while the metal briefly sunk below US$260 per oz. It finis…
One of Canada’s largest conferences for earth scientists will be held next year from May 28 to June 2 at the University of Calgary.Up to 10,000 earth scientists from industry, government and academia …
The Vancouver Stock Exchange composite index nosedived 14.82 points, or 3.3%, to close the week at 429.8 over the report period ended June 15. The mining index also took a plunge, dropping 16.9 points…
Junior Aquest Minerals (AQU-V) has begun a 5,000-metre program of reverse-circulation drilling at the Anabella gold project in western Guatemala.The company is testing the extent and grade of gold min…
Partners Chapleau Resources (CHI-V) and White Knight Resources (WKR-V) have resumed drilling on their Squaw Creek gold property in Nevada.The property lies on the northern end of the Carlin trend, bet…
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Based on the results of a positive prefeasibility study, partners Iamgold (IMG-T) and Anglogold (AU-N) of South Africa have started financing discussions for the Yatela gold deposit in Mali.The projec…
The Diavik diamond project in the Northwest Territories is one step closer to development, following a draft report by the federal government which indicates that environmental or socio-economic probl…
In its first venture outside Spain, Rio Narcea Gold Mines (RNG-T) is confirming the presence of high-grade gold mineralization.In October, Rio Narcea acquired an exploration licence covering the 440-s…
At their annual meeting, shareholders of Denver-based Prospex Mining (PRM-V) approved of a merger with Montreal-based Semafo (SMF-T.UNDER THE MERGER PLAN, PROSPEX WILL BECOME A WHOLLY OWNED SUBSIDIARY…
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