Diavik sampling confirms grade
A consistent grade of 4.53 carats per tonne is reported from sampling of the A-154 South pipe at the Diavik diamond project in the Northwest Territories. To date, processing has been completed on just…
News
Iamgold poised to become African producer
The coming year promises to be busy for Toronto-listed International African Mining Gold, otherwise known as Iamgold. Construction has started at its 38%-owned Sadiola Hill gold mine in western Mali, …
SOUTHEAST ASIA SPECIAL — Jonpol and Indocan get permit
Junior partners Jonpol Explorations (TSE) and Indocan Resources (NASDAQ) report that the Indonesian government has confirmed ownership of their B Block, 16 km north of the Busang gold deposit.Jonpol h…
SOUTHEAST ASIA SPECIAL — Goldstake working on Java
Although the attention of mining companies has been fixed on Kalimantan, it is worth remembering that all the islands of the Malay Archipelago were born of volcanism. And where there is volcanic actio…
Poor results deflate Cartaway
Disappointing assay results from one of its Labrador properties have brought skyrocketing Cartaway Resources (ASE) back to Earth, dragging the owners of neighboring properties back down with it.Assays…
SOUTHEAST ASIA SPECIAL — South Pacific Resources funds work programs
A $14-million financing will provide funds for South Pacific Resources (ASE) to explore 18 targets on its seven contracts of work in Kalimantan, Indonesia.The company is already drilling its Mandor co…
SOUTHEAST ASIA SPECIAL — Canarc positions itself in Indonesian gold belt
Junior Canarc Resource (VSE) has acquired a land holding totalling 2.2 million hectares in the gold belt of central Kalimantan, Indonesia.The company secured 13 separate contracts of work (CoWs) by fo…
Nuinsco eyes nickel find in Ontario
Having unexpectedly hit nickel-copper-cobalt mineralization while searching for gold on its property near Rainy River, Ont., Nuinsco Resources (TSE) is now searching for the much larger store of base …
SOUTHEAST ASIA SPECIAL — Decade of work pays off for Newmont
A decade of exploration and development work has enabled Newmont Gold (NYSE) to open its first mine in Southeast Asia, and have a second waiting in the wings.During the first quarter of this year, the…
SOUTHEAST ASIA SPECIAL — Virginia Gold lands permit
Quebec explorer Virginia Gold Mines (ME) has signed an agreement with a private company to acquire the Lamprung property on the Indonesian island of Sumatra.The exploration permit, which covers 20 sq….
SOUTHEAST ASIA SPECIAL — Yukon Gold starts work program at Buduk property in Kalimantan
In many tropical countries, the gold is where the miners are. Indeed, local, independent miners with hand tools and sluice boxes often pave the way for large-scale operations.Craft mining activity in …
SOUTHEAST ASIA SPECIAL — VSE listing for Laverton
Newly listed Laverton Gold (VSE) is another Australian company actively exploring in Southeast Asia. The company has domestic mineral projects, however its main property, the Rawas gold project, is si…