News

Akiko cuts new zone at New Burgin project

Drilling on the New Burgin silver-lead-zinc project in Utah has intersected a new zone of gold-rich mineralization for partners Akiko Gold Resources (VSE) and Chief Consolidated Mining (NASDAQ).Hole C…


COMMENTARY — Single window would cut costs

Companies wanting to invest in the Canadian mining industry often find themselves tangled in a seemingly endless sea of red tape; red tape which must be cut through, tied up, rubber-stamped, re-packag…




PEOPLE — CALEDONIA MINING

Richard Fiorini appointed president and chief executive officer; Chris Harvey appointed chief operating officer; John Stalker appointed managing director of European operations.


Great Lakes still eyeing Geomaque

Management of Great Lakes Minerals (TSE) is reviewing its options in the wake of the recent decision by Geomaque Explorations (TSE) to terminate merger talks between the two companies.Great Lakes Chai…


Proxy votes rejected at Minefinders meeting

The recent annual meeting of Minefinders (VSE) was a lively affair, with a group of dissident shareholders seeking to install a new management team and board of directors.In an information circular se…


Global metals markets oscillating

Metals prices began a recovery in May, buoyed by continued positive fundamentals and supported by good economic news from many sectors other than the North American auto and house-building sectors, wh…


Guyana funds Sabi expansion

The proceeds from a recent private placement will be used by Guyana Gold (VSE) to fulfill obligations related to a joint venture of the Sabi gold mine in Zimbabwe.The placement of more than 3.5 millio…


Deep drill hole data revealed

The Geological Survey Division of the Michigan department of natural resources has authorized the release of information from the core, logs and records of the state’s deepest, all-cored drill hole.Th…


Pan American sees silver lining

Plans to gain a minority interest in a Mexican silver producer have collapsed for Pan American Silver (TSE), which is now investigating other acquisitions and joint ventures.The company had reached an…


Pangea boosts reserves at Fenn-Gib gold property

Shareholders at the recent annual meeting of Pangea Goldfields (TSE) were informed of developments on several properties being explored by the junior company.Drilling at the Fenn-Gib property in north…


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