Golden Star halts Sierra Leone work
As a result of security problems in gaining access to mineral claims, a subsidiary of Golden Star Resources (TSE) has temporarily suspended most of its activities in Sierra Leone, West Africa. Pan Afr…
News
Lithos uncovers mineralized pocket
Extraction of mineralized rock from a stope (51-04-00) along the A vein at the Bourlamaque-Nord gold project led to the discovery of a large pocket of quartz-tourmaline-chalcopyrite, close to the gran…
LATIN AMERICA SPECIAL — Energold in deal to purchase El Higo
Vancouver-based junior Energold Mining (VSE) has entered into an agreement that sets the stage for it to acquire El Higo, a concession in the Dominican Republic. The concession hosts the Centenario go…
LATIN AMERICA SPECIAL — Finnish mining company uncovers new
Finnish mining company Outokumpu reports the uncovering of a new copper deposit in Chile near the town of Vallenar. The Relincho project is estimated to contain 130 million tonnes grading 0.8% copper,…
Great Lakes plans to develop Mexican gold deposit
Tucked away in the quiet backwaters of northern Sonora state, a gold mine is taking shape for Great Lakes Minerals (TSE). Following the completion of a positive feasibility study by Scotia Corp., a Sa…
LATIN AMERICA SPECIAL — Sonoma eyes Panamanian prospect
Vancouver-based junior Sonoma Resource (VSE) can acquire a half interest in two Panamanian projects from a unit of Cyprus Amax Minerals (NYSE). The Quebrada Barro and Quebrada Iguana copper-gold prosp…
Ego secures inventory funding
Financing worth up to US$4 million has been secured by Ego Resources for startup of its Cobatec cobalt recovery plant near Cobalt, Ont. Ego has reached an agreement with Amalgamet Canada to finance it…
LATIN AMERICA SPECIAL — Aurex to expand production
A recent private placement by Aurizon Mines (TSE) is expected to provide funds for Aurex Resources (TSE) to expand production at the Cobrex mine and for general working capital. Aurizon is a major sha…
Channel pulls high grade gold
Drilling on the Bouroum gold concession in Burkina Faso, West Africa, is returning some impressive results for Channel Resources (TSE). Assays from the first five holes on the F-12 Extension graded up…
LATIN AMERICA SPECIAL — Newmont, Penoles team up in Mexico
Excitement continues south of the Rio Grande, as companies — large and small, foreign and domestic — compete to lock up that big deal. Meanwhile, some companies have tried working together in their …
New discovery at Voisey Bay
“Bigger and better than Raglan.” That sums up the view of First Marathon Securities regarding Diamond Fields Resources’ (TSE) Voisey Bay nickel-copper-cobalt project in Labrador. “There is little doub…
Anvil wastes no time at Faro
In its first-quarter report, Anvil Range Mining (TSE) states that waste removal work at the Grum deposit on the Faro zinc-lead property in the Yukon is continuing ahead of schedule and below the proje…