Vancouver-based NovaWest Resources (NVE-V) will acquire a half-interest in the Grand Nord polymetallic prospect in northern Quebec. The remainder will be held by project operator Falconbridge (FL-T).I…
Taking advantage of the fast growing market in carbon black, Phelps Dodge (PD-N) will acquire a Brazilian carbon black manufacturing business from Luxembourg-based major Minorco (MNRC-Q).The Arizona-b…
Junior St Andrew Goldfields (SAS-T) has discovered three gold prospects near its past-producing Stock gold mine near Matheson, Ont.Each prospect was found while drilling induced-polarization (IP) anom…
With a positive feasibility study now in hand, Kazakhstan Minerals (KMC.U-T) plans to seek financing for its 86%-owned, past-producing Varvarinskoye gold-copper deposit.The study outlined a minable re…
The author is Canada’s Minister of Natural Resources. He has written this article at the request of Mining Works for Canada, a grassroots campaign designed to increase awareness of the importance of m…
Low prices for gold and base metals have resulted in a moderate first-quarter loss for TVI Pacific (TVI-T), hampering the company’s efforts to advance the Canatuan project on the southern Philippine i…
The 10-oz. Silver Maple Leaf coin recently pressed by the Canadian Mint has a face value of $50 and retails for $199.99. The coin is the largest legal tender coin ever produced in Canada. Incorrect in…
Junior Gitennes Exploration (GIT-T) has launched an underground drilling program on the Rio Suro zone at its Virgen property in northern Peru in an attempt to outline a proven reserve to a vertical de…
Drilling by partners Falconbridge (FL-T) and NAR Resources (NRL-M) at their Maramba project in northeastern Zimbabwe has defined a 4.5-km alteration zone containing significant copper-zinc-silver mass…
Olympus Pacific Minerals (OYM-V) has inked a deal with Indochina Goldfields (ING-T) to defer, for 12 months, $541,000 of a $641,000 payment due Sept. 11. The payment relates to Olympus Pacific’s acqui…
Two spectrometers are being used to assess drill results from the Black Lake-Newnham Lake uranium project in Saskatchewan’s Athabasca basin.The project, part of a joint venture between JNR Resources (…
A drill program to test for buried mineralization at the Taparko property in northeastern Burkina Faso has paid off for High River Gold (HRG-T).Thick lateritic cover had previously prevented explorati…
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