News

A preliminary resource calculation for Acadian Gold (ADA-V) on the Beaver Dam deposit in central Nova Scotia indicates a measured and indicated resource of 1.3 million tonnes grading 2.3 grams gold per tonne, and an inferred res…

Standard Bank London and the Standard Bank of South Africa have sold their interests in certain senior finance documents, including a senior credit agreement with Thistle Mining (THT-T), to Bermuda-based Meridian Capital.

Vancouver — Glamis Gold (GLG-T) says the recent start of mining and processing at its newly built El Sauzal mine in Mexico will lead to higher overall gold production at lower costs.

A change in the development plan at the Lumwana copper project in Zambia promises to reduce capital costs for operator Equinox Minerals (EQN-T).

Vancouver — Vannessa Ventures (VVV-V) has registered a Request for Arbitration against the government of Venezuela through the International Centre for Settlement of Investment Disputes (ICSID), part of the World Bank Group. Th…

After a 5-hole drill program at the Manson Creek property in central British Columbia, Canadian Gold Hunter (CGH-T) has indications of a low-grade gold system with some high-grade shoots.

Vancouver — Thanks to sliding-scale royalties tied to the price of bullion, Royal Gold (RGL-T) nearly doubled earnings in the first quarter of its fiscal year 2005, compared with the first quarter of 2004.

Facing a new government royalty on mine production that could have discouraged further work by operator Minera Yanacocha, Solitario Resources (SLR-T) has agreed to limits on a royalty it holds on a 600-sq.-km package north of th…

Drilling by Linear Gold (LRR-T) has intersected long zones of gold and silver mineralization at the Ixhuatan project in Chiapas state, Mexico.

A final feasibility study on the Atlanta gold project, 60 miles east of Boise, Idaho, indicates the deposit is profitable as an open-pit mine and heap-leach operation.