LABRADOR NEWS ROUNDUP — Freewest options ground
An option agreement with Newfoundland Goldbar Resources (CDN) sets the stage for Freewest Resources Canada (TSE) to earn a 50% interest in 19 separate properties along the Labrador coast.The propertie…
News
Aur to buy Granges properties
A deal covering 39 base metal properties has been struck between Aur Resources (TSE) and Granges (TSE). Many of the properties have already been subjected to reserve estimates, while others are known …
Cameco options Tri Origin’s English property
Tri Origin Exploration (TSE) has optioned a stake in its English Twp. property near Timmins, Ont., to Cameco (TSE).The latter can earn a 60% interest in the 73-claim package by spending $750,000 on ex…
Delays hamper Falcon drilling at Guinaoang copper project
Delays at the level of local government are hampering exploration of the Guinaoang porphyry copper-gold project in the Philippines.Pacific Falcon Resources (VSE), which is earning up to a 70% interest…
Magma Tintaya labor contract unique for Peru
The Peruvian subsidiary of Arizona-based Magma Copper has ratified a long-term labor contract with its unions.The agreement is unusual in that it commits Magma Tintaya and the unions to a 5-year agree…
DIAMOND NEWS ROUNDUP — Diamond Fields subsidiary sells parcel of African diamonds
These days, Diamond Fields Resources (TSE) is best known for its 75%-owned Voisey Bay nickel-copper-cobalt discovery in Labrador. But the company was formed with the hope of becoming a diamond produce…
Eagle River soars to summer startup
Preproduction development is bringing the Eagle River gold deposit closer to production.Situated some 50 km west of Wawa, Ont., the property is wholly owned by River Gold Mines (TSE). Gold production …
Five B.C. mines win reclamation awards
Five British Columbia mines were presented with awards for outstanding achievement in mine reclamation programs at the 19th annual mine reclamation symposium held recently in Dawson Creek.The top spot…
Queenstake options Kazakh copper projects
Toronto-listed Queenstake Resources can acquire an interest in several oxide copper projects in Kazakhstan.Queenstake can acquire a 100% interest in Resource Development Kazakh (RDK), a Colorado limit…
China takes steps to bring order to tungsten market
China is taking steps to bring some order to its tungsten industry.The country is reported to have halted mining in order to crack down on smuggling and to prevent prices from falling.In particular, a…
Virginia, Diabior work Quebec properties
Two Montreal-listed juniors, Virginia Gold Mines and Explorations Diabior, are busily engaged in northern Quebec.The companies have concluded two option agreements with Soquem on the Eastmain Ouest an…
Summo sums ups Lisbon reserves
The reserves minable by open-pit methods at the Lisbon Valley copper project in Utah have increased to 42.6 million tons grading 0.43% copper. The overall stripping ratio is about 2.2-to-1.Summo Miner…