Despite a generally positive feasibility study for the Amayapampa gold project in Bolivia, Vista Gold (vgz-x) says mining would be uneconomic unless gold prices rise above US$350 per oz.The study call…
Rio Tinto (rtp-n) has farmed out a minority interest in the Wafi copper-gold porphyry in Papua New Guinea to an Australian firm.The British giant has given Provincial Gold Fields the opportunity to ac…
Toronto-based junior Golden Goose Resources (ggr-t) has revised the resource estimate for its Magino gold mine property, 45 km northeast of Wawa, Ont.The company is hoping to revive the former undergr…
High River Gold Mines (hrg-t) has upgraded to 1 million oz. its gold resource estimate for three deposits on the Taparko Shear zone in Burkina Faso.The indicated and inferred resource for the three zo…
The mining potential of the Democratic Republic of Congo, though tremendous, has not been properly exploited.As a result of the lack of exploitation of our natural resources, we are experiencing pover…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateAug. 5Aug. 4Aug. 1July 31July…
Drilling by Uranerz has almost doubled the gold resource at the Converse gold property in northwestern Nevada.A 25-hole drill program on the property, 180 km northeast of Reno, has now outlined 39 mil…
Newmont Gold (ngc-n) is the first North American gold producer to have produced 1 million oz. in one 3-month period.During the second quarter, the company produced 1.03 million oz. It is now working t…
Vancouver-based Cumberland Resources (cbd-t) has completed its previously announced acquisition of a further 40% interest in the Meadowbank gold project from Comaplex Minerals (cmf-t) (T.N.M., June 30…
As the political situation in central Africa continues to stabilize, more Canadian-based mining companies are advancing projects, which is having the effect of rebuilding the region’s mineral industry…
Based on results from this year’s drilling program, Vital Pacific Resources (vpr-v) has decided not to carry out a second phase of drilling at the Soup gold-copper property in northern British Columbi…
Rudolf Mueller appointed director.
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