News


High-value diamonds for Monroe Minerals

Monroe Minerals (MMX-V) sold 2,412 carats of diamonds on a run-of-mine basis in the first quarter, reaping an average of US$443 per carat. Total proceeds were US$1.1 million….



Higher gold price boosts Barrick’s profit

Barrick Gold (ABX-T) earned US$51 million in the first quarter, almost double that of the corresponding period a year earlier, thanks chiefly to higher gold prices. The income trans…


Kennecott forms new team

Vancouver — A long-term deal inked by Kennecott Exploration and Geoinformatics Exploration (GXL-V) is expected to generate exploration targets on the former’s la…



Chile’s royalty debate enters final phase

Santiago, Chile — After two years of debate, the Chilean government’s attempt to extract extra tax revenue from the country’s powerful mining industry appears to be entering the final stage….



Claude outlines gold at Santoy

Claude Resources (CRJ-T) has cut significant gold at its Santoy Lake property, 125 km northeast of La Ronge, Sask. The drilling focused on Zones 8 and 8E….


YGC launches drill program at Ketza River

Vancouver — Newly revived YGC Resources (YGC-T) has launched a $5-million exploration program at the dormant Ketza River gold mine property, 50 km south of Ross River, Y.T….




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