Golden Star boosts Guyanor
Golden Star Resources (GSR-X) has agreed to accept shares from Guyanor Ressources (GRL.B-T) as repayment of debt.The transaction increases to 71% Golden Star’s stake in the French exploration company….
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DIAMOND PAGE — Trivalence boosts production
With its new 14-ft. commercial pan plant up and running, Trivalence Mining (TMI-V) continues to crank out diamonds at its 85%-owned Aredor alluvial operation in Guinea, West Africa.For the month of Ma…
NEWS ROUNDUP — Financing benefits Velardena
In a move aimed at accelerating production from the Velardena gold-silver mine in Durango state, Mexico, a group of investors represented by Global Equities has acquired a block of ECU Gold Mining (EC…
BASE METALS — Rio Algom forges ahead in copper quest
Once known principally for its production of uranium, Rio Algom (ROM-T) is steadily earning a reputation as a major producer of copper.Last year, while addressing shareholders at the company’s annual …
BASE METALS — Insular explores for Sierra Madre gold
An exploration program has kicked into gear at the El Diamante project in Mexico’s Sierra Madre gold belt.Insular Explorations (ISX-V), which is acquiring a 70% working interest in the gold-silver pro…
DIAMOND PAGE — Snap Lake diamonds yield high valuations
Diamonds recovered from the NW Snap Lake dyke on the Camsell Lake property have yielded the highest carat values ever reported in the Northwest Territories.Three independent valuations were carried ou…
BASE METALS — Niocan gets thumbs-up for niobium project
Based on a positive feasibility study, Niocan (NIO-M) intends to proceed with development of an underground niobium mine and processing plant west of Montreal.The wholly owned project, situated in the…
BASE METALS — Gold not only treasure in Ontario
Northern Ontario may be recognized as having some of the most prolific gold camps in the world, but numerous junior companies are striking deals and seeking out the province’s substantial base metal r…
BASE METALS — Asarco curtails production at Amarillo
A shortfall in feed has forced Asarco (AR-N) to reduce copper production at the Amarillo refinery in Texas.The company has seen a shortfall in copper anodes, scrap and blister copper, which it purchas…
BASE METALS — Partners renew search at Taiga
Partners Blackstone Resources (BZZ-A) and Glenhaven Resources (GNN-A) have renewed exploration activities at their Taiga base metal project in the Yukon.Situated 120 km north of Dawson City, the Taiga…
BASE METALS — Foran aims drills west of Flin Flon
Vancouver-based Foran Mining (FOM-V) is preparing for a July start to its diamond drilling program on the McIlvenna Bay volcanogenic massive sulphide deposit in northeastern Saskatchewan. The 13,000-h…
Ecuadorian consolidates holding at Beroen
Arizona-based Ecuadorian Minerals (EMC-T) is adding to its land holdings in southern Ecuador.The company has signed a letter-of-intent with Rio Tinto (RTP-N) to acquire Rio Tinto’s interests in the Be…