A $14-million financing will provide funds for South Pacific Resources (ASE) to explore 18 targets on its seven contracts of work in Kalimantan, Indonesia.The company is already drilling its Mandor co…
Although the attention of mining companies has been fixed on Kalimantan, it is worth remembering that all the islands of the Malay Archipelago were born of volcanism. And where there is volcanic actio…
Disappointing assay results from one of its Labrador properties have brought skyrocketing Cartaway Resources (ASE) back to Earth, dragging the owners of neighboring properties back down with it.Assays…
Junior partners Jonpol Explorations (TSE) and Indocan Resources (NASDAQ) report that the Indonesian government has confirmed ownership of their B Block, 16 km north of the Busang gold deposit.Jonpol h…
The coming year promises to be busy for Toronto-listed International African Mining Gold, otherwise known as Iamgold. Construction has started at its 38%-owned Sadiola Hill gold mine in western Mali, …
A consistent grade of 4.53 carats per tonne is reported from sampling of the A-154 South pipe at the Diavik diamond project in the Northwest Territories. To date, processing has been completed on just…
The Lake Victoria greenstone belts continue to reward exploration efforts, most recently at the Kahama property of Pangea Goldfields (TSE), under option to Anglo American.A reverse-circulation program…
George “Gus” McManus was responsible for staking many of the gold deposits in the Red Lake area of Ontario during the early years of mining development in that district.McManus was prospecting for sil…
“A perfect agreement meant for a perfect world” is how one Canadian mining executive described the Whitehorse Mining Initiative (WMI) after it was signed in 1994.The agreement defined a vision of a so…
In an attempt to reduce its debt, Asarco (NYSE) has sold its 15% stake in Australian-based MIM Holdings.The sale generated US$331.2 million, which will result in an after-tax gain of US$39 million (or…
Having renegotiated the terms of its joint-venture agreement with Gencor, Toronto-based AfriOre (VSE) will now manage six diamond projects in South Africa and Botswana.AfriOre will have the right to e…
Toronto-based Altai Resources (TSE) has added another gold project to its Philippine portfolio.The junior acquired the Bulan project, comprising 3,285 hectares in the province of Sorsogon, southern Lu…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.