Teck eyes open-pit potential of San Nicolas
It was standing room only at Teck’s (TEK-T) recent annual meeting in Vancouver, with shareholders gathered for the announcement of preliminary minable reserve numbers for the San Nicolas polymetallic …
News
Mining Standards Task Force calls for licensure, tighter rules
The Mining Standards Task Force of the Toronto Stock Exchange (TSE) and the Ontario Securities Commission (OSC) has proposed the strictest disclosure rules for mining companies of any jurisdiction in …
Argentina Gold drills new gold target at Valedero
Argentina Gold (ARP-V) has drilled a promising gold-silver intersection within a new target area at its Valedero property in Argentina’s San Juan province.Hole 76 was collared on the southeastern flan…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — TNK plans Gope exploration
TNK Resources (TNKR-C) reports that a program of geophysics is about to begin at its Gope diamond project in Botswana.Surveys will be conducted over 37 targets previously identified by high-altitude a…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Nora adds to African holdings
Montreal-based Nora Exploration (NXI-M) has expanded its diamond exploration base in Africa by acquiring half-interests in two off-shore concessions in Namibia.The concessions, known as Block J and Bl…
Atapa uncovers new showing in Java
Geochemical sampling by Atapa Minerals (AML-M) has led to the discovery of a new gold-silver showing on the Cikotok-Cikidang project in southwestern Java, Indonesia.Dubbed Muara Tiga, the showing is a…
MINING MARKETS & INVESTMENT NEWS — Redfern raises more funds for mine development
Redfern Resources (RFR-T) has closed a private placement that raised $502,200 for the company’s Tulsequah Chief polymetallic project in northwestern British Columbia.The company has closed the deal fo…
NEVADA AND THE WESTERN STATES — International Taurus checks out Lyon copper property
As part of International Taurus Resources’ (ITS-V) new management focus, the company recently acquired the Lyon copper-magnetite project in Nevada, on which it is now performing due diligence.In mid-A…
NEVADA AND THE WESTERN STATES — Globex drills to expand potential of Tonkin Springs
Having acquired the Tonkin Springs gold project in February 1997, Globex Mining Enterprises (GMX-T) is now receiving positive results from an ongoing drill program on the past-producing Nevada propert…
Inmet unloads Abitibi property
Montreal-based Explorations Minieres du Nord (MDN-M) has struck a deal with Inmet Mining (IMN-T) to acquire that company’s interest in a gold property in the Abitibi region of Quebec.Work at the Lake …
DIAMOND PAGE — NWT play closer to bulk-sampling stage
Encouraged by results from preliminary evaluations of four diamondiferous kimberlite pipes at the AK-CJ project in the Northwest Territories, operator Monopros is set to begin a bulk-sampling program….
Samax, Shiega renegotiate Nkroful development plans
Samax Gold (SMX-T) has begun drilling to test a high-grade vein system at its Nkroful gold project in southern Ghana.The company can earn a 65% interest in the project from Shiega Resources (SHG-V) by…