Diversity key to Southwestern Gold’s strategy
Southwestern Gold (SWG-T) has dealt itself an enviable hand in the resource sector. In addition to exploring for gold, silver and base metals in Peru, Chile and China, the Vancouver-based junior is hu…
News
Channel Resources keeps hopes alive in Burkina Faso
Five years ago, Channel Resources (CHU-T) was one of many Canadian juniors exploring in the West African nation of Burkina Faso. Today, it’s one of the few still on the trail of bulk-tonnage gold depo…
Deposits augur new era for Nunavut
A trio of deposits in the newly created Canadian territory of Nunavut is inching closer to becoming the cornerstone for a new era of mining in the region, where most of the existing mines are close to…
Partners explore Ecuador
Corriente Resources (CTQ-T) has joined forces with Arizona-based Lowell Mineral Exploration and London-listed Billiton to explore for porphyry copper deposits in southeastern Ecuador.The area of inter…
Newmont boosts Yanacocha
Denver — Exploration drilling by Newmont Mining (nem-n) at its 51%-held Yanacocha gold mine in northern Peru increased reserves by 60% in 1999, over and above the 50% increase reported for the previo…
Altoro tables rhodium results from Pedra Branca
Junior Altoro Gold (ATG-V) has tabled encouraging rhodium assay results from drill core pulled from the Pedra Branca platinum-palladium project in Brazil.Half of the samples were derived from the Esba…
Gold Fields aims to compete globally
Gold Fields (GOLD-Q), the world’s third-largest producer of the yellow metal, is taking steps to expand its asset base, according to statements made by the senior vice-president of exploration.Speakin…
Seahawk advances Piteiras property
Preliminary results from 4,000 metres of core drilling at the Piteiras emerald property in Minas Gerais state have expanded the size of the deposit by roughly a third.Using results from the first half…
Freewest eyes PGE showings in Nevada
A deal with Royal Standard Minerals (rsm-m) is enabling Freewest Resources Canada (FWR-M) to extend its search for platinum group elements (PGE) to southeastern Nevada.The Montreal-based junior alread…
Fancamp has drills turning near Bathurst
Intrigued by the results of a deep geophysical survey that suggests the presence of mineralization at depth, Fancamp Explorations (FNC-V) has launched a 1,700-metre drill program at its 64-claim Turge…
Foreign prospects keep base metals sector vibrant
The improvement in copper prices over recent months could be a harbinger of things to come in the base metals sector. Nickel prices are fast approaching US$5 per lb. and even zinc has made a modest co…
Tenke Mining sets sights on Argentina
Following in the footsteps of its earlier successes in Argentina, the Lundin group, through Tenke Mining (TNK-T), is stepping up exploration of the Vicuna project.Situated in San Juan province, along …