Results encourage Rio Narcea Gold
Gold mineralization continues to be intersected at Rio Narcea Gold Mines’ (TSE) El Valle and Boinas projects in northern Spain. A fourth phase of stepout drilling on Boinas intersected a new zone of m…
Gold mineralization continues to be intersected at Rio Narcea Gold Mines’ (TSE) El Valle and Boinas projects in northern Spain. A fourth phase of stepout drilling on Boinas intersected a new zone of m…
A wholly owned subsidiary of William Resources (TSE), Bharti-Lammanen, has signed a share purchase agreement allowing the company to buy a 40% interest in BLM Minera Mexican from Minorca Resources (VS…
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…
More than 20 African countries are expected to take part in the African Mining Investment symposium to take place May 24-26 in Toronto. Organized by the Multilateral Investment Guarantee Agency of the…
The increased interest in Africa’s mineral potential has prompted the government of Gabon to consider updating the mining legislation which it had adopted after independence in 1960. Situated on the w…
Resource projects have long been the engine of British Columbia’s economy, but that may change if high-profile investments in this sector continue to be quashed by the province’s political leaders. Re…
Major companies with metallurgical infrastructure in Canada are perhaps more motivated than most mining groups to maintain an active exploration presence in North America. This is certainly true of Co…
A preliminary feasibility study is planned for the Taseevo gold deposit, part of Armada Gold’s (ASE) Baley project in the Chita region of southeastern Siberia. The study, due by late April, will exami…
An in-house economic evaluation is nearing completion for the Goldfields project in northern Saskatchewan. Operator Greater Lenora Resources (TSE) intends to proceed with a final feasibility study for…
A drill program by Lyon Lake Mines (ME) has started on the Waconichi gold prospect 50 miles north of Chibougamau, Que. Eight holes will be drilled to test priority targets determined by geological int…
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