Exploration drilling and underground development continues at the flagship Lady Lina gold property of Antares Mining and Exploration (TSE) in Zimbabwe. Antares hopes to complete a feasibility study by…
London Metal Exchange Spot closing prices in $US per tonne Date Jan 31 Jan 30 Jan 27 Jan 26 Jan 25 Copper 2977-2978 2967-2968 3002-3003 3002.5-3003.5 3020-3022 Lead 654.5-655.5 648-649 673.5-674.5 676…
Drilling by Barrick Gold (TSE) is in progress on Nebex Resources’ (ASE) 75%-owned Walsh Lake gold project in Yellowknife, N.W.T. The senior gold producer is using two drills to follow up on induced-po…
A slide in a section of pit wall at the Twin Creeks mine near Winnemucca, Nev., is expected to reduce gold production this year. Owner Santa Fe Pacific Gold (NYSE) reports that the slide brought down …
Five diamond drills are back at work following a break for the holidays on a gold property operated by Eden Roc Mineral (TSE) in Ivory Coast. The junior is 51.6% controlled by Marshall Minerals (ASE),…
Two senior officers of Goldcorp (TSE) exercised options and sold shares in December. According to the Ontario Securities Commission’s OSC Bulletin, senior officer Catherine David-Nolan exercised 15,00…
Aristotle hit the nail squarely on the head, sometime back in the third century BC, when he called poverty “the parent of revolution and crime.” The states likely to be well administered, he noted, ar…
The African nation of Niger (not to be confused with Nigeria) is a landlocked country south of the Sahara Desert. The mining industry plays an important role in the economy, largely because of importa…
Initial drilling on the Copper Mountain property near Mina, Nev., has returned several oxide copper intersections. Mina Resources, an affiliate of TSE-listed Quest Capital (formerly Noramco Mining), c…
Management of Mincor Resources of Rouyn-Noranda, Que., is hoping this year to boost the annual rate of production at its Monarch gold mine in Mozambique to 25,000 oz. The company, created recently thr…
An agreement-in-principal calls for the restructuring of an outstanding loan of $1.9 million owed by a wholly owned subsidiary of Nova Gold Resources (TSE). The loan was incurred by Murray Brook Resou…
Junior Sterling Pacific Resources (VSE) is drill-testing four anomalies on its newly acquired Monarch-Zim gold properties near Reno, Nev. Besides the 10-hole program of 2,500 ft. now under way, Sterli…
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