The Guatemalan government could soon take a 40% stake in mining companies in the country if a proposed constitutional amendment goes through.President Otto Perez Molina announced the proposed change, along with dozens of others, in one of the…
Just days after taking the keys from contract mine developer Banlaw Afrique, Canadian miner Banro (BAA-T, BAA-X) has run into delays while comissioning its 100%-owned Twangiza open-pit gold mine, 45 km southwest of Bukavu in the Democractic…
When Western Potash (WPX-T) starts commercial production at its Milestone potash mine in Saskatchewan in 2016, it will draw much of its water from treated sewage effluent from the city of Regina, about 30 km away.As much as 60,000 cubic metres…
Rio Tinto (RIO-N, RIO-L, RIO-A) will spend billions of dollars to advance and upgrade some of its highest-profile assets.At its sprawling Pilbara iron-ore operation Western Australia, the company has committed US$3.7 billion to boost capacity,…
Champion Minerals (CHM-T) has traded higher on news that its 100%-owned Oil Can iron ore deposit, 6 km north of its flagship Fire Lake North project in the southern end of the Labrador trough, contains nearly 1 billion tonnes of…
In the gold business, some places never go out of style.While Canadian juniors continue to pursue gold in far-flung locales, Alexandria Minerals (AZX-V) is proving that one of Canada’s most well-worn gold-hunting grounds has plenty…
VANCOUVER — NovaGold Resources (NG-T, NG-X) bounced off 52-week lows after announcing it had achieved a number of milestones on the road to developing its Donlin gold project northeast of Anchorage, Alaska. Donlin is one of the largest…
Three years after selling the world class Navidad deposit in Argentina the key members of the former Aquiline Resources team are looking to strike pay dirt again — only this time they are doing it closer to home.
Shares of GoldQuest Mining (GQC-V) jumped 24% or 16¢ to 83¢ apiece with a little over 2 million shares trading hands after the Vancouver-based junior announced that a second rig had started drilling at its Romero gold and copper…
VANCOUVER — The British Columbia Securities Commission (BCSC) has raised numerous concerns about a 10.6-million-oz.-gold resource Barkerville Gold Mines (BGM-V) released on June 28.
VANCOUVER — Quebec-based gold producer Semafo Inc. (SMF-T) found out just how punishing markets can be these days when the company released long-awaited exploration results at its Mana gold mine 200 kilometers west of Ouagadougou, Burkina…
The latest drill results from Cobriza Metals (CZA-T) Arikepay project in Peru have the company confident it has made a new porphyry discovery.
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