Etruscan advances Samira to feasibility
By commissioning an independent feasibility study, Etruscan Resources (EET-T) has paved the way for its Samira gold deposit to become the first significant gold producer in Niger.The Halifax, N.S.-bas…
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Argentina Gold tallies resource for Veladero project
Argentina Gold (ARP-V) has tabled preliminary resource estimates for its Veladero gold-silver project in San Juan province.The Filo Federico zone, which was defined by 15 drill holes, contains a resou…
NEW HORIZONS — Silver used against bacteria
Bacterial infections are beginning to defy all antibiotics, and hospitals are finding bacteria increasingly difficult to eradicate as resistant strains develop, sometimes changing their natural struct…
Morocco to host African mining conference
An estimated 400 participants, including delegates from 28 African nations, will gather in Marrakech, Morocco, for the fifth annual African Mining Investment Symposium, to be held Nov. 16-18.The sympo…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow settles after early loss
With a dive of more than 200 points early in the report period of Sept.16-22, the Dow Jones Industrial average firmed up, showing three consecutive days of only modest gains and losses. The average st…
Summo buys Johnson Camp
Summo Minerals (SMA-T) has bought the Johnson Camp copper mine in southeastern Arizona from bankrupt Arimetco, a wholly owned subsidiary of Arimetco International, now de-listed from the Toronto Stock…
MINING MARKETS & INVESTMENT NEWS — Weda Bay funds project
In an attempt to raise up to $500,000 in proceeds, Weda Bay Minerals (WDA-A) has arranged a private placement of up to 670,000 units at 75 cents each.Each unit will consist of one share and one warran…
GEOLOGY 101 — Sedex massive sulphide deposits, Part 1
Sedimentary exhalative (sedex) is a type of massive sulphide deposit associated with sedimentary rocks. Sedex deposits are major producers of lead and zinc, and constitute most of the world’s largest …
MINERAL EXPLORATION — CASE STUDIES — Exploration strategies evolve at Voisey’s Bay — First-phase results hinge on pulse-EM system
In the poisoned atmosphere of political controversy, court-ordered delays and rock-bottom metal prices that has left Inco (N-T) gasping for air, it is easy to forget that Voisey’s Bay represents one o…
Great Basin pursues Midas-style veins — Veining, mineralogy seen as analogous to Ken Snyder
A drilling program at the Ivanhoe property in Nevada is aimed at following up the discovery of Midas-style veining in the Valmy formation, reports Great Basin Gold (GBDG-V).The company discovered the …
Quebec unveils mining initiatives
With low metal prices putting a damper on exploration in the Abitibi greenstone belt, the Quebec government and the private sector are each taking steps to encourage mineral exploration in the provinc…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Precious, base metal stocks continue rebound
Looking for a little safety in today’s turbulent markets, investors continued to flock to mining, oil and forestry stocks during the Sept. 16-22 report period. The TSE’s gold and precious metals sub-i…