News

Copper sales of $3 million from the Erdenet joint venture in northern Mongolia have boosted revenue for Armada Gold (AAU-T).Armada, which owns 49% of the project, generated $3.6 million in revenue dur…

Its formal bid now on the table, copper colossus Phelps Dodge (PD-N) is waging a public campaign for control of up-and-coming producer Cobre Mining (CBU-T).Early in November, Phelps Dodge caught Albuq…

Messina Diamond (MSC.U-T) reported a loss of US$3 million in the 10-month period ended Sept. 30, despite the third-quarter sale of two diamonds weighing together more than 54 carats.Revenues from the …

Ocean Resources (OCR-V) has recovered a pair of gem-quality diamonds from its Sunda Shelf joint-venture project off the coast of Kalimantan, Indonesia.A bulk sample consisting of 2,900 cubic metres of…

Exploration at the Red Lake mine of Goldcorp (G-T has defined several pipe-shaped structures in known high-grade zones and may have identified new mineralization near the mine’s western boundary.Thirt…

CaribGold Resources (CG-T) and Marum Resources (MMU-A) have formed a joint venture to explore for diamonds in northern Alberta.The partners have acquired just over 100,000 ha of ground near the Chinch…