News

Work is continuing on two concessions in Tanzania under the direction of BHP Minerals International. The company is earning a 66% and a 58% interest, respectively, in the Kagera and Kabanga ground fro…

Phil Romig, professor and head of the geophysics department at the Colorado School of Mines, will deliver a talk titled “Environmental Geophysics: Fads or Future?” The lecture, hosted by the Canadian …

New York-listed Homestake Mining plans to celebrate the pouring of the two-millionth ounce of gold from the McLaughlin mine at Lower Lake, Calif. The milestone was set Oct. 15, and will be commemorate…

Despite a drop in bullion prices, the Vancouver Stock Exchange resource index climbed more than 31 points to close at 1,483.00 during the period ended Nov. 2. The composite index also gained ground, f…

Having finished its first phase of drilling at the Daisy property in Nevada’s Beatty Twp., Inter-Rock Gold (ME) describes the results as positive. Thirty reverse-circulation rotary drill holes, totali…

Week’s Price (US) Change Gold* $363.00 – $5.65 Silver* $ 4.21 – $0.18 Platinum* $368.00 – $4.75 Nickel** $ 2.07 + $0.06 Lead** $ 0.18 $0.00 Copper $ 0.74 + $0.02 Zinc $ 0.42 + $0.01 Courtesy of Scotia…

Toronto-listed T & H Resources is exploring a 627-hectare gold property at Damoti Lake, within the prospective Indin Lake Greenstone Belt, 175 km northwest of Yellowknife, N.W.T. The BR-2 property, as…

The Cerro Mayal gold mine in Argentina is scheduled to enter production this month. Sikaman Gold Resources (TSE) expects to process 35 million cubic feet of gravel per year, initially. From that, abou…

Investors who were lucky or brilliant enough to foresee rising gold prices this year and who had the intestinal fortitude to follow their hunches have reaped spectacular rewards. The runaway best-sell…

Drills at the Black Pine property in Idaho are slowly outlining a large copper-cobalt system for owner Formation Capital (VSE). The property, visited recently by The Northern Miner, is 17 miles southw…

It took more than 10 years of patient, methodical work to bring into production the small Aniuri gold mine in Ivory Coast. But after its first full year, the open-pit, heap-leach operation has not dis…

A private placement by Teck (TSE) will provide additional funds for Mutual Resources (VSE) to pursue gold opportunities in West Africa. Mutual President Robert Quartermain says the company is in advan…