News

A report in our Oct. 17 issue incorrectly stated that Atlas (NYSE) will combine Granges (TSE), Hycroft Resources & Development (TSE) and Dakota Mining (TSE) into one company. Atlas does plan to initia…

Western markets appear to have slipped into the fall-winter doldrums despite the considerable amount of exploration activity taking place in the Southern Hemisphere. Gold is not helping matters, altho…

Drilling on the Tacaza project in southeastern Peru has outlined a geological resource of 4.4 million tonnes grading 1.35% copper, based on a 0.5% cutoff. Kookaburra Resources (VSE) has drilled 7,700 …

Having been active in Sonora state for some 30 years, it should come as no surprise that Campbell Resources (TSE) holds interests in a pair of Mexican gold mines. Last July, the company bought its sec…

Arizona-based Magma Copper (NYSE) has outbid six international competitors for control of newly privatized Empresa Minera Especial Tintaya, Peru’s second-largest copper producer. Magma paid the Peruvi…

Vancouver-listed Tako Resources can earn a half interest in the Malartic Twp. gold property in northwestern Quebec. The property, which is owned by JAG Mines (ME), covers an 11,000-ft. strike length o…

Chip samples from a 30 sq.-mile property in the James Bay Lowlands of Quebec have led to the discovery of a gold-bearing zone. The discovery was made as Montreal-listed partners Garde Societe d’Explor…

Several years ago, Venezuela took steps to revitalize its near-dormant mining sector by adopting a more favorable tax structure and promising to reform its mining laws. Optimism was high that the coun…

In the aftermath of the Cold War and the subsequent collapse of the Soviet Union, countries have to earn their way on to the world stage. As a consequence, many emerging nations are bringing in new mi…

Reverse-circulation drilling is under way on the Bombore and Somita properties in Burkina Faso, West Africa. The work consists of 150 holes over 15,000 metres. The concessions are two of four held in …

It is a good thing that mechanization has arrived in mines, as I don’t know where we would find people to muck out by hand today. The comparison of the use of the load-haul-dump machine versus mucking…

The Bureau of Mines in the U.S. is experimenting with a new in situ method of mining oxide copper from small, low-grade deposits. Advantages over conventional open-pit and underground methods include …