DiamondWorks (DMW-V) has begun mining alluvial diamonds at its Luo project in Angola, following the commissioning of a 120-tonne-per-hour floating dredge.The dredge, airlifted in from South Africa, be…
The Rooiberg alluvial diamond project of Redaurum (RRK-T) is on its way to minehood.The company has applied to the South African government for a licence to develop its 4,300-ha Rooiberg property, whe…
Having completed a positive due diligence review, Claimstaker Resources (CLN-V) is proceeding with plans to acquire the Zenda gold mine project, 65 km east of Bakersfield in Kern Cty., California.The …
Ottawa-based China Clipper Gold Mines (CXX-A) will gain interests in various projects in China’s Shaanxi province.The interests are specified in a 3-component agreement signed by China Clipper and the…
Exploratory drilling has extended zones of high-grade gold mineralization at the Red Lake mine in northwestern Ontario, Goldcorp (G-T) reports.The extensions were intersected as deep as the 40 level (…
Welcome Opportunities (WLO-V) will buy 1 million units of its joint-venture partner, Columbia Gold Mines (COB-V), at $1.15 each.A unit consists of one share and one non-transferable share purchase war…
The government of Costa Rica has ordered Placer Dome (PDG-T) to halt exploration at the Cerro Crucitas gold property, alleging the company is in non-compliance with its environmental impact statement….
Toronto-based Tiomin Resources (TIO-T) is proceeding with a full feasibility study at the giant Cerro Colorado copper project in western Panama.In accordance with the development agreement, the compan…
Shares of Delgratia Mining (DELGF-Q) hit the US$30 mark after more results were released from reverse-circulation drilling carried out at the company’s property, 50 km south of Las Vegas, Nev.At the e…
Drill results from the Rainy River property in northwestern Ontario point to improved gold grades.Nuinsco Resources (NWI-T) reports that hole 6, drilled diagonally into the No. 17 zone, intercepted 37…
Trading in shares of Consolidated Silver Tusk Mines (CKS-V) has been suspended following the company’s release of unimpressive assays on what had looked like a spectacular gold and silver find in Indo…
Although central banks, hedge funds and others involved in finance insist that inflation is low, this is not the case. Gold companies that recognize the difference between gold and paper money, howeve…
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