Volume 97 Number 12 May 9 - 15, 2011

Western Potash expands resource

Western Potash (wpx-v) has boosted measured resources by 55%, indicated resources by 34% and inferred resources by 25% at its Milestone potash project in Saskatchewan, about 50 km south of Mosaic’s (mos-n) Belle Plaine mine, one of the world’s…


Premier updates Hardrock

After two years of exploration, measured and indicated resources have jumped by 269% to 2.5 million oz.  at Premier Gold Mines’ (PG-T) 70%-owned Hardrock gold project near Geraldton in northwestern Ontario. Inferred resources have grown by…


Industry group worries about rare-earth supply

How fast Chinese exports of rare earths get to zero is the $64,000 question, Keith Delaney, executive director of the Rare Earth Industry and Technology Association, told participants on a private conference call on March 31.



Peruvian tailings issues hurt Century

Peru’s Ministry of Mines has allowed Century Mining (CMM-V) to resume milling and processing operations at its San Juan gold mine after the ministry completed an evaluation of the mine’s tailings dams. The company has yet to downgrade its gold…


Soltoro finds new bonanza-grade silver structure

Drill results from the previously untested Soledad structure on Soltoro’s (SOL-V) El Rayo silver project in Mexico’s Jalisco state, 100 km southwest of Guadalajara, have revealed high-grade silver over significant widths in a near-surface ore…




People (May 09, 2011)

Augustine Ventures – John Tokarsky resigned as a director; George Michael Newman and Rick Bonner appointed directors.


Colossus’ best-ever intercept

Colossus Minerals (CSI-T) has cut a monster intercept from its 75%-owned Serra Pelada polymetallic project in Brazil’s Para state.


Creso eyes $43M JV with Hunter Dickinson

After completing more than 10,300 metres of drilling in the past year at its Shining Tree gold project in northeastern Ontario, Montreal-based Creso Exploration (CXT-V) has signed a preliminary joint venture (JV) agreement with the well-known…


Construction at Banro's Twangiza gold project in the eastern DRC. Photo by Banro

Banro, China Gold to team up in the DRC

Just days after saying that a document regarding a possible takeover was a fake, Banro (BAA-T, BAA-X) has announced that it will team up with a Chinese major. 


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