Gold

Happier days at Mediterranean Resources' Corak property in northeastern Turkey in 2007, from left: Peter Guest, then president and CEO; Ibrahim Guney, then and current general manager of Mediterranean's Turkish subsidiary Akdeniz Resources Madencilik; and Jag Sandhu, then vice-president of corporate development. Photo by Photo by John Cumming

Mediterranean shareholders force management shake-up

Dissident shareholders of Turkey-focused gold explorer Mediterranean Resources (MNR-T) appear to have forced the resignation of the company’s president and CEO, Peter Guest, aged 73. Newly appointed director Christopher Ecclestone of New York…


Guyana's Prime Minister Samuel Hinds (left) meets with Sandspring Resources' management. Photo by Sandspring Resources

Sandspring’s high hopes for Toroparu in Guyana

Sandspring Resources (SSP-V) envisions annual production from its Toroparu project in Guyana of 310,000 oz. gold and 29 million lbs. copper in the first four years of operations, provided it can first raise the US$617 million needed for mine…



Tirex Resources' CEO Bryan Slusarchuk surrounded by core at the Mirdita project, 70 km northeast of Tirana, Albania. Photo by Tirex Resources

Tirex roars to life on Albanian mining deal (April 04, 2011)

Tirex Resources (TXX-V) has taken a big step towards production at its Mirdita volcanogenic massive sulphide project in Albania after signing a memorandum of understanding with a private Turkish firm to finance development in exchange for a…


Exploring at Argentex Mining's Pinguino polymetallic project in Argentina. Photo by Argentex Mining

Argentex posts Pinguino PEA

Until late 2009, Argentex Mining (ATX-V, AGXM-O) focused on drilling the polymetallic sulphide mineralization at its Pinguino project in Argentina. But then the company decided to shift gears and focus instead on the property’s near-surface…


Buddy Doyle takes on Brazil with Amarillo Gold

Seven years in the malaria-infested rainforests of Papua New Guinea and six years in the frigid Tundra led Buddy Doyle and his exploration teams at Rio Tinto (RTP-N, RIO-L) to the two biggest discoveries of his career: the 30 million ounce…


Torex looks to Mexican government for help securing Morelos

Vancouver – After an armed robbery on March 20 at its Morelos gold project in Mexico, Torex Gold Resources (TXG-T) is turning to the local government and police to help secure the area and enable the company to continue exploration. In the…





Zimbabwe sets indigenization timeline

Vancouver – Never a dull place to operate, Zimbabwe has announced it is going ahead with its indigenization law and foreign mining firms now have until September 25 to sell a majority stake to locals.


La Mancha looks to add ounces in 2011

Having a geographically diversified portfolio of mining projects is always a good idea, but it is especially so when one of your projects is in Cote d’Ivoire. La Mancha Resources (LMA-T) had to suspend all gold mining and exploration activities…


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