Alberta-listed Consolidated Bonanza Metals will acquire all of the shares of Mincor Mozambique, which holds a 20-year mining licence in Mozambique. The licence contains the Monarch gold mine, which co…
With summer nearly over, expectations are that trading activity may pick up a little steam on western markets. The slump of recent months is a reflection of diminishing investor interest in diamond-re…
London Metal Exchange Spot closing prices in $US per tonne Date Sept.6 Sept.5 Sept.2 Sept.1 Aug.31 Copper 2482-2483 N/A 2490-2491 2498-2499 2499-2500 Lead 604.5-604.5 N/A 604.5-605.5 601.5-602.5 589.5…
An exploration program is under way at the wholly owned Permit 936 property of Virginia Gold Mines (ME) in the Labrador Trough area of northern Quebec. The company’s newest property acquisition is adj…
Montreal-based junior Freewest Resources (TSE) has agreed to earn a 60% interest in Kinbauri Gold’s Morrisette Creek gold property. The property, consisting of 30 claims northeast of Kirkland Lake, On…
A 300-metre-long hole drilled by TVX Gold (TSE) at its 94%-owned Pachicutza property in Ecuador yielded an intersection that averaged 1 gram gold per tonne over 171 metres. This included a 36-metre se…
Drilling on the Molejon deposit on the Petaquilla property in Panama is returning gold values for Adrian Resources (TSE). Based on 11 holes drilled to date, indicated and inferred geological resources…
In return for cash and common stock, Centurion Mines (NASDAQ) has acquired the Grand Central mine and 70% control of Mammoth Mining, thereby securing a prospective land package encompassing about 500 …
Drilling on the Kaburi-Eldorado property in Guyana is continuing to expand the Hicks zone for owner Cathedral Gold (TSE). The best result from the latest five holes (94-21 through 94-25) returned 9.8 …
Australian mining giant Broken Hill Proprietary is proceeding at full speed in the race to develop Canada’s first diamond mine. The company, through subsidiary BHP Minerals Canada, is earning a 51% in…
A gold project in northeastern China is providing a new focus for Asia Minerals (ASE), a junior which has evaluated several projects in that country. The latest is a joint venture that allows the comp…
New York-listed Reynolds Metals has retained a securities firm to help sell its remaining gold mining assets in Australia. The assets include mines in the Marvel Loch and Southern Cross areas, the Mt….
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