Rift Resources (RIF-V) and its United Kingdom-based partner, Reunion Mining, have begun a 25-hole program of percussion drilling on the Silobela gold project in Zimbabwe.The drilling is focused on fou…
Oliver Gold (OGO-V) has had second thoughts about selling its interests in Malian gold properties.The Vancouver-based junior was prepared to sell it interests in the western African country (T.N.M., N…
Gold producer Viceroy Resource (voy-t) earned $3.5 million (or 7 cents per share) on revenue of $29.8 million in the third quarter.Those numbers mark a significant improvment over the $38.1-million lo…
Privately owned Ivanhoe Capital has been awarded a contract to reopen the Chambishi copper mine in Zambia.The company will become the joint-venture partner of Zambia Consolidated Copper Mines (ZCCM), …
Design work on the 100-tonne-per-day kimberlite treatment plant on the Klipspringer project in South Africa’s Northern Transvaal Procince is well-advanced and on track for completion in early December…
During the first 19 days of production for new owner McWatters Mining (MCW-T), the Kiena and Sigma gold mines in Quebec’s Val d’Or camp turned out 8,409 oz. gold at a cash operating cost of US$241 per…
Juniors Greenshield Resources (GSR-M) and Moss Resources (MRS-T) plan to acquire a combined 50% interest in 58 claim units in Currie and Egan twps. of Ontario.The companies say the Curregan property i…
Unstoppable flooding has drowned the future of the Potacan potash mine near Sussex, N.B.Water that is believed to have originated in a vast underground reservoir began to seep into the mine in June. C…
Partners Placer Dome (PDG-T) and Etruscan Resources (EET-T) have modified their agreement pertaining to the latter’s Tiawa gold concession in western Niger.Placer can now earn a 51% interest in the en…
Kennecott Canada, a unit of Rio Tinto (RTP-N), has taken the financial steps necessary to maintain its 17% interest in diamond explorer SouthernEra Resources (SUF-T).Kennecott has taken up 173,670 uni…
Drilling by Ashton Mining of Canada (ACA-T) has identified yet another kimberlite body at the Buffalo Hills project in north-central Alberta.The discovery brings to 17 the number of kimberlites found …
The proposed sale of First Dynasty Mines’ (FDM-T) wholly owned subsidiary, New Millennium Mining, to junior producer Cornucopia Resources (CNP-T) has been terminated.Both parties concluded that the tr…
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