Of the 17 properties held jointly by Aranlee Resources (VSE) and NDT Ventures (VSE) in the Voisey Bay area of Labrador, six have been subjected to airborne geophysics while nine have undergone prospec…
Drilling is enhancing the overall potential of Bre-X Minerals’ (ASE) Busang gold project in East Kalimantan, Indonesia.Seven more holes, representing 2,230 metres of drilling, have been drilled over t…
A final mine plan has established a minable reserve of 11.4 million tons grading 0.018 oz. gold per ton for the Secret Pass gold deposit.The deposit is part of the Daisy gold project near Beatty, Nev….
With the summer field season in full gear, USMX (NASDAQ) is enjoying some success at its Illinois Creek project in Alaska.A recent angle hole, 95-24, intersected 35 ft. (true thickness) grading 0.88 o…
Having concluded agreements to acquire interests in three properties in Quebec and Norway, Birchwood Ventures (VSE) intends to begin its international search for base metal deposits.In Norway, Birchwo…
The U.S. Bureau of Mines has published a 197-page report on the outlook for gold mining throughout the world.The publication features an in-depth discussion on geology, gold reserves, and mining and t…
About 2 billion years ago, when this planet was still a chilling, uninhabitable place, a precambrian stream laden with uranium-rich gravels emptied into a lake or inland sea just north of what is toda…
The government of Mozambique has licensed Mincor Resources, (ASE) to explore the Niassa concession, in northern Mozambique.The 173-sq.-km concession produced about 240,000 ounces of gold in 1994, from…
A biochemical process developed by a firm based in Bozeman, Mont., is showing potential as an inexpensive, clean alternative to cyanidation in gold extraction.Yellowstone Environmental Science is deve…
Wednesday, August 16Week’sPrice (US)ChangeGold*$384.10-$0.40Silver*$5.36 $0.00Platinum*$420.70-$2.05Nickel**$4.09+$0.06Lead**$0.28$0.00Copper $1.39+$0.02Zinca$0.46 $0….
Continuing its winning ways, Magma Copper (NYSE) unveiled results for its second consecutive record-breaking quarter.The company earned US$54.4 million (or 86 cents per share) for the period, compared…
The mining company owned by the Ethiopian government is being approached to sell its Legadembi open-pit gold mine in Sidamo province.A recent bid was placed jointly by Rift Resources (VSE) and Echo Ba…
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