Vancouver-based junior Energold Mining (VSE) has entered into an agreement that sets the stage for it to acquire El Higo, a concession in the Dominican Republic. The concession hosts the Centenario go…
Finnish mining company Outokumpu reports the uncovering of a new copper deposit in Chile near the town of Vallenar. The Relincho project is estimated to contain 130 million tonnes grading 0.8% copper,…
Tucked away in the quiet backwaters of northern Sonora state, a gold mine is taking shape for Great Lakes Minerals (TSE). Following the completion of a positive feasibility study by Scotia Corp., a Sa…
Montreal-listed Lyon Lake Minerals has concluded an agreement that will see the company more than double the size of its Costa Rican land holdings. Furthermore, the newly acquired concession also host…
The Mt. Hamilton mine near Ely, Nev., yielded 2,700 oz. gold in February, its first month of commercial production. The open-pit, heap-leach operation is within the Battle Mountain trend and is owned …
Copper and gold are not the only commodities being pursued by North American-based companies in Peru. Cominco Resources International (TSE), soon to be merged with its parent company Cominco (TSE), in…
The remaining seven holes of the first-phase drill program on the Barry Twp. property in northwestern Quebec have intersected gold mineralization. This raises to 11 the number of intersections reporte…
Alberta-listed Nebex Resources will earn interests in two polymetallic concessions in Albania. The Calgary-based junior chose to work in the European country because of the abundance of natural resour…
For its Nixon Fork gold project in Alaska, Consolidated Nevada Goldfields (TSE) has completed US$1.5 million in bridge financing as a 60-day cash loan from Citibank Australia. The loan will be used pa…
Amid criticism that its current trading system is unfair, the National Association of Securities Dealers in the U.S. has proposed changes to the NASDAQ stock markets, changes which the group says woul…
A Saudi Arabian industrial company, in conjunction with Tiomin Resources (ME), plans to develop the Natashquan heavy mineral sands project, on the north shore of the Gulf of St. Lawrence. Based on a p…
CDN-listed Metallica Resources has bought into two Colombian mining companies. The Canadian junior will pay US$200,000 and issue 150,000 common shares to purchase all outstanding shares of Guavita and…
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