NEWS ROUNDUP — Garde, Diabior find gold zone
Chip samples from a 30 sq.-mile property in the James Bay Lowlands of Quebec have led to the discovery of a gold-bearing zone. The discovery was made as Montreal-listed partners Garde Societe d’Explor…
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MINING IN MEXICO — Asarco completes Grupo deal
Base metal producer Asarco (NYSE) recently completed its transaction with Grupo Industrial Minera Mexico (Gimmex), combining Mexico Desarrollo Industrial Minero (Medimsa) into a new public company kno…
MINING IN MEXICO — The rich history of the mines of Real de
The mines of “El Real de Minas de Nuestra Senora de la Limpia Concepcion de Guadalupe de los Alamos de Catorce,” in the state of San Luis Potosi, were discovered in 1772 and, until they went out of bu…
MINING IN MEXICO — Brock group’s Northern Crown active on
On display in the Vancouver office of John Brock are several huge tusks of the woolly mammoth, a prehistoric elephant that lumbered across the Yukon until shifting climatic conditions drove it into ex…
CMR options Lynx Lake play
Alberta-listed Canadian Mining Resources (ASE) can earn up to a half interest in the Lynx Lake gold property, northeast of La Ronge, Sask. Exploration on the 1,944-hectare property has identified seve…
Black Pine work continuing
Vancouver-based junior Formation Capital (VSE) expects to proceed with a prefeasibility study of its Black Pine project in Lemhi Cty., Idaho. Reverse circulation drilling is currently evaluating coppe…
Noranda Minerals, STAS join forces on technology
Development work and marketing of the mining automation technologies of Noranda Minerals will be undertaken by Societe des Technologies Appliquees du Saguenay (STAS). Noranda says its agreement with S…
MINING IN MEXICO — Corner Bay, Magma in Cerro Verde deal
A subsidiary of Corner Bay Minerals (TSE) has signed a letter of intent with a subsidiary of Magma Copper (NYSE) concerning the Cerro Verde copper project near San Javier in Sonora state. The companie…
MINING IN MEXICO — Amelia exploration planned
The Amelia heap-leach gold mine near the Mexican town of Magdelena in the state of Sonora poured its first gold in January of this year. Owner Minera Roca Roja said that during the first three months …
MINING IN MEXICO — Corner Bay in option deal
Active on three copper oxide prospects in Mexico, Corner Bay Minerals (TSE) has optioned one of the projects, Las Vigas, to Dragon Gem (VSE). Dragon Gem is earning a 50% interest in the property in Ch…
MINING IN MEXICO — Centre provides support services
A Canadian exploration service group with Mexican professionals trained in Canada and the U.S. has set up the CANAMEX Centre in Hermosillo. There are four general categories of mining support services…
MINING IN MEXICO — PRI returned; Zedillo is president-elect
A new Mexican president was elected this summer and his party, which has ruled the country for the past 65 years, kept a solid majority in both houses of the General Congress. In the presidential vote…