In August, Similco Mines, a wholly owned subsidiary of Princeton Mining (TSE), resumed production at its open-pit copper mine in southwestern British Columbia. The mine operated throughout September a…
With its first drill hole, New Island Minerals (ASE) has intersected significant gold mineralization at its 26,000-acre Glover Island property in Newfoundland. The hole intersected 0.30 oz. gold per t…
In the aftermath of the Cold War and the subsequent collapse of the Soviet Union, countries have to earn their way on to the world stage. As a consequence, many emerging nations are bringing in new mi…
Reverse-circulation drilling is under way on the Bombore and Somita properties in Burkina Faso, West Africa. The work consists of 150 holes over 15,000 metres. The concessions are two of four held in …
It is a good thing that mechanization has arrived in mines, as I don’t know where we would find people to muck out by hand today. The comparison of the use of the load-haul-dump machine versus mucking…
The Bureau of Mines in the U.S. is experimenting with a new in situ method of mining oxide copper from small, low-grade deposits. Advantages over conventional open-pit and underground methods include …
Junior Jonpol Explorations (TSE) and its partners will explore three properties in Ontario and Quebec. A program of three deep drill holes has been proposed for the Garrison Twp. gold property in nort…
Results from a 3,000-metre drilling program on the San Jose copper project in Peru have prompted Arequipa Resources (VSE) to drop the property. Although sporadic areas of high-grade oxide copper were …
North America’s largest land-owner, holding an estimated $6 billion in cash and owning 15,000 businesses, is showing a keen interest in mineral opportunities. The potential investor, with the blessing…
Fifty-fifty partners MacMillan Gold (TSE) and Granges (TSE) are exploring their Mishi gold property near Mishibishu Lake in northern Ontario. Geophysical surveys are being employed in an effort to out…
The acquisition of a 61% stake in Minera Rio Frio increases Argentina Gold’s (VSE) already substantial holdings in Argentina. Rio Frio holds claims comprising 45,000 hectares in San Juan province; the…
Despite higher gold production, Consolidated Nevada Goldfields (TSE) reported a year-end loss. Three factors — lower-than-expected grades, US$5.2 million in writedowns and other expenses totaling US$…
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