Bema’s Julietta proves an early bloomer
Vancouver-based Bema Gold (BGO-T) is putting the finishing touches on its 79%-owned high-grade Julietta gold-silver underground mine some two months ahead of schedule, The mine is in the Magadan regio…
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Inca Pacific pushes Magistral to prefeasibility
Vancouver — Inca Pacific Resources (IP-V) intends to advance the Magistral copper porphyry-skarn project in Peru to the prefeasiblity stage, despite having received only mixed results from the final …
Formation Capital buys Sunshine refinery
Denver — Formation Capital (FCO-T) has acquired an option to buy a silver refinery, antimony plant and tailings pond at the Sunshine mine, near Kellogg, Idaho.The purchase price is US$2.3 million, th…
Canada’s diamond industry reaches 10-year milestone
Diamonds were a respectable exploration target in Canada in the 1960s and 1970s when De Beers and several major companies launched highly secretive programs aimed at finding kimberlites similar to tho…
Falco, De Beers study Gope
Having bought some time by securing a 3-year retention licence for the Gope diamond project in the central Kalahari district of Botswana, equal joint-venture partners Falconbridge (FL-T) and De Beers …
Mining sculpture erected in Sudbury
The Sudbury Mining Heritage Sculpture, celebrating the city’s mining history, has been erected in Bell Park.The sculpture was unveiled in mid-September after several years in the planning stage.The pr…
Aurora Platinum, Platinova print new shares
Recent insider-trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Agnico-Eagle Mines (AGE-T) — FMR Corp., which must report its trading act…
Antamina alters revenue forecast
Vancouver — Some two months after shipping its first load of concentrate, the massive Antamina copper-zinc mine in north-central Peru has cut its sales forecast for next year in response to falling m…
Gold Fields wins WMC auction
South Africa’s Gold Fields (GOLD-Q) has succeeded in its bid to acquire Australia-based WMC Resources’ St. Ives and…
El Malacate shows promise
Vancouver — A mapping and geochemical program by Minefinders (MFL-T) has identified seven drill-ready gold targets…
Tiris yields disappointing results
Vancouver — Six drill holes into the Harimau gold-silver prospect in Indonesia have failed to cut any significant…
Empire and Shear team-up
Vancouver — Northern Empire Minerals (NEM-V) and Shear Minerals (SRM-V) have decided to team up to explore the Tum…