GFG plans ‘aggressive’ exploration program at Pen gold project
After a successful initial drill program earlier this year at its Pen project, 40 km west of Timmins, and a $5.9-million financing closed in May, GFG Resources (TSXV: GFG) is…
Fast News
Vale to resume operations at Voisey’s Bay
Vale (NYSE: VALE), the world’s top producer of nickel and iron ore, is fine-tuning details to reopen its Voisey’s Bay open pit nickel mine and concentrator in Canada, next month….
Roscan buys Komet’s Dabia Sud gold property in Mali
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has signed a definitive agreement with Komet Resources (TSXV: KMT) to purchase the 35-sq.-km Dabia Sud gold property, which lies directly north of the…
MacDonald Mines extends gold mineralization at SPJ in Ontario
Drilling at MacDonald Mines’ (TSXV: BMK) wholly owned SPJ property, 20 km east of Sudbury, has extended the strike length of the high-grade New Zone-Villeneuve trend to over 225 metres…
Libero to drill Big Red gold project in BC
Libero Copper & Gold (TSXV: LBC; US-OTC: LBCMF) has announced its exploration plans for the 260-sq.-km Big Red property within the Golden Triangle. The company plans to first complete a…
DRC gold smuggled out of country, UN says
At least 1.1 tonnes of gold mined in the Democratic Republic of Congo (DRC) were smuggled last year into countries along the eastern border, costing the impoverished nation millions of…
Kinross reaches agreement with Mauritanian gov’t
Kinross Gold (TSX: K; NYSE: KGC) has reached an in-principle deal with the government of Mauritania, which the company says will better balance the interests of both parties in the…
Australia fast-tracks Glencore’s Valeria coal project
Australia’s state of Queensland has granted Glencore’s (LSE: GLEN) A$1.5-billion (US$1 billion) Valeria coal mine the status of “coordinated project” in order to fast-track it, as the nation seeks alternatives…
Imperial, Newcrest confirm high-grade mineralization at Red Chris
Exploration drilling has confirmed the continuity of high-grade mineralisation at the Red Chris copper-gold mine in northwest British Columbia, 80 km south of Dease Lake and 1,700 km from Vancouver….
Argonaut receives key permit for Magino
Argonaut Gold (TSX: AR) has completed a key permitting milestone for its Magino project, which included consultation with Indigenous communities and members of the public. The completed Schedule 2 amendment…
Minera Alamos expands Nicho at Santana
Results from the second phase of Minera Alamos’ (TSXV: MAI) drill program at its wholly owned Santana project in Sonora have expanded mineralization at the Nicho zone to the southwest…
Maple Gold Mines connects gold zones at Douay
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) has released the results of hole 20-281 completed within the conceptual pit shell at the Porphyry zone at the company’s 355-sq.-km Douay project…