Despite the recent disappointing results from Vengold’s (TSE) Oro Uno property in eastern Venezuela, Placer Dome (TSE) remains confident about the region and quietly continues work on its Las Cristina…
Montreal-based Cambior (TSE) has been the driving force behind getting the Omai gold mine in Guyana on stream. Omai, owned 65% by Cambior, 30% by Denver-based Golden Star Resources (TSE) and 5% by the…
Toronto-based Minera Rayrock (TSE) is the latest Canadian company to produce copper in Chile. The Ivan mine, 40 km northeast of Antofagasta, is operating at about 50% capacity and is expected to reach…
The discovery of potentially economic kimberlite pipes in Canada’s North is being taken seriously by the world’s largest diamond organization, De Beers Consolidated Mines, and its marketing arm, the C…
From 1906 to 1943, this state was the world’s largest supplier of commercial-grade sapphires. Now, some 50 years later, with the commissioning of its first sapphire processing plant, American Gem (TSE…
Toronto-listed Moneta Porcupine Mines (TSE) has bought Wounded Bull Resources from Australian-based Pima Mining. Moneta has issued 2 million shares as part of a 2-staged payment to be completed no lat…
Junior Greater Lenora Resources (TSE) has intersected several gold occurrences at the Goldfields project in northern Saskatchewan. In the area of the Box mine pit, almost all of the 24 holes drilled h…
If the Cross property in the Northwest Territories is regarded by industry-watchers as a success, it is not simply because it has already yielded a number of diamonds but also because it proves that t…
Affiliated companies Mentor Exploration and Development (TSE) and Long Shots have, through the open market, acquired almost 250,000 common shares of Legacy Explorations (CDN). Together with Agnico-Eag…
A 60-hole program at the Red Chris porphyry copper-gold project, 10 km east of Iskut, B.C., is half-finished. American Bullion Minerals (VSE) holds an 80% interest while Teck (TSE) retains 20% (half o…
Minera Minefinders S.A. de C.V., a wholly owned subsidiary of Vancouver-listed Minefinders, has staked a 2,200-hectare gold property in Mexico’s Sonora state. Reconnaissance mapping and sampling on th…
Major world diamond producer Russia produces about 95% of its diamond output from five mines. The country’s output has been falling for the past three years; analyst David Williamson Associates of Lon…
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