Barrick invests in Alaskan gold
Barrick Gold (ABX-T) has inked a deal whereby it can earn a 51% interest in the Golden Summit property of International Freegold (ITF-V), situated in the Fairbanks district of Alaska.For its interest,…
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PCS reaps profit during first quarter
Saskatoon, Sask.-based Potash Corp. of Saskatchewan (POT-T) has posted another good quarter, with potash and phosphate prices showing strength in the domestic markets.Over the first three months of th…
ASIAN EXPLORATION — First Dynasty uncovers gold on road to Mandalay — Drilling will test theory that discovery forms part of a larger mineralized zone
A reconnaissance geochemical sampling program by First Dynasty Mines (FDM-T) has identified gold-bearing mineralization near the centre of its Block 2 property in north-Central Myanmar.The Singapore-b…
ASIAN EXPLORATION — Echo Bay and TVI make headway at Kingking project
Initial results of an ongoing feasibility study at the Kingking copper-gold project in the Philippines indicate the deposit could yield 4.5 million oz.gold and 2.3 billion lb. copper.The property, whi…
DIAMOND PAGE — BHP eyes Caledonia’s property — Major plans exploration to test diamond potential
Major mining companies appear to be taking a keen interest in the Zambian exploration portfolio of Toronto-based Caledonia Mining (CAL-T).Earlier this month, the Zambian subsidiary of Cyprus Amax (CYM…
Corriente perseveres in South America
Junior Corriente Resources (CTQ-T) is disappointed by initial results from a 5,000-Metre drill program on the Chama gold project in southern Peru.The first four holes were drilled to investigate the b…
Kabila wants miners with heart — Mining companies offered joint-Venture opportunities
This once-beautiful city in the heart of the Central African copper belt provided an appropriate setting for rebel leader Laurent Kabila to invite foreign mining companies to help rebuild the economy …
Int’l coal forum set for autumn
The International Committee for Coal Research will host the 11th annual international conference on coal research from Sept. 9 to 12 at the Palliser Hotel in Calgary, Alta.Entitled “Coal for the 21st …
Quebec plans review of investment practices
In the wake in the Bre-X Minerals scandal, the three major organizations that represent the mining sector in Quebec have banded together to re-evaluate mining investment practices in that province.The…
LETTER TO THE EDITOR — Untruths surround Tulsequah Chief
The David Suzuki Foundation has gone too far in its blind opposition of Redfern Resources’ Tulsequah Chief mine, a project the organization publicly attacked before the company had even completed its …
ASIAN EXPLORATION — Colony forges ahead in Indonesia
Like many Canadian juniors exploring in Indonesia, Colony Pacific Explorations (CYX-T) is struggling to withstand the fallout created by the Bre-X Minerals scandal.The company’s share price has taken …
ASIAN EXPLORATION — Birch explores in West Kalimantan
Calgary-based Birch Mountain Resources (BMD-A) has received its sixth-generation contract of work for mineral exploration on more than 600,000 ha in West Kalimantan, Indonesia.Singapore-based Indochin…