News

Three prominent international mining writers have produced New Frontiers in Diamonds, a book that analyzes the world diamond industry and the dramatic changes expected to take place in the next centur…

In its first three months of operation, the Andacollo open-pit, heap-leach mine in Chile produced 22,159 oz. gold at a cash cost of US$163 per oz. Owner Dayton Mining (TSE) recorded an income of $495,…

Investment in the Beaufor gold mine near Val d’Or, Que., has paid off for Louvem Mines (TSE), which made a slight profit in the first quarter.The company earned $16,808 (nil per share) on revenue of $…

A 70% interest in 6% of production from a gold project appears to be slim pickings, but not when the deal involves the multi-million-ounce Busang gold deposit in East Kalimantan, Indonesia.Earlier thi…

By mid-June, drills will be turning at the Minaspamba gold project in northern Peru, reports property owner Oroperu Resources (CDN).The program will explore a brecciated, mineralized zone exposed over…

Vancouver-listed Hyder Gold (VSE) has received government approval for a contract of work on the Tabulus property in Central Kalimantan, Indonesia,The junior will buy a 90% interest in the 46,600-hect…

Potash may not be as sexy as gold, but Asia Pacific Resources (TSE) has nevertheless seen its issue jump from a trading level of $3 per share at this time last year to a recent high of $11.The company…

A wholly owned subsidiary of Diamond Fields Resources (TSE) will sell its Loxton Dal and Frank Smith diamond mines in South Africa toSaskatchewan-oriented diamond and nickel explorer Kensington Resour…

Diamond drilling on the Samira gold project in Niger has enabled Etruscan Enterprises (TSE) to trace the Samira sedimentary horizon over a strike length of 2.7 km.Geophysical surveys indicate that the…

Annual earnings for Eden Roc Mineral (TSE) are finally in the black, following three years of unprofitable operations at its gold mine in Ivory Coast.For the year ended Dec. 31, Eden Roc earned $567,0…