Belo Sun adds lustre to Volta Grande (May 09, 2011)
Belo Sun (BSX-V) is beefing up resources at its Volta Grande gold project in Brazil’s Para state, with plans of completing a feasibility study by year-end.
News
Creso eyes $43M JV with Hunter Dickinson
After completing more than 10,300 metres of drilling in the past year at its Shining Tree gold project in northeastern Ontario, Montreal-based Creso Exploration (CXT-V) has signed a preliminary joint venture (JV) agreement with the well-known…
Banro, China Gold to team up in the DRC
Just days after saying that a document regarding a possible takeover was a fake, Banro (BAA-T, BAA-X) has announced that it will team up with a Chinese major.
Semafo says it’s business as usual in Burkina Faso
Montreal-based Semafo (SMF-T) says operations at its flagship Mana gold mine in Burkina Faso have not suffered any disruptions as a result of recent military unrest across the country. In April, soldiers in several small towns and the capital…
Suppliers news (May 09, 2011)
Veolia gets two new contracts
Roxgold hits more high-grade gold at Yaramoko
Starting at a depth of 6 metres, Roxgold (ROG-V) drilled 20 metres of 28.61 grams gold per tonne at the Bagassi Central target of its Yaramoko gold project in Burkina Faso. Further downhole, starting at 38 metres, a separate 11-metre…
Silvore Fox attracts Chinese investor
A Chinese group that invested heavily in Tanzania-focused gold explorer Canaco Resources (CAN-V) just before Canaco discovered the Handeni gold deposit has added to its large interest in Nova Scotia explorer Silvore Fox Minerals (SFX-V).
Karnalyte sees swan in ugly duckling carnallite
Robin Phinney thought he had put a successful career as a chemical engineer behind him, but the search for the world’s next great potash deposit proved too enticing to resist.
Rockcliff intersects more copper, zinc at Lon
Rockcliff Resources’ (RCR-V) 100%-owned Lon deposit, part of the company’s 660-sq.-km Snow Lake volcanogenic massive sulphide (VMS) project in Manitoba’s Flin Flon greenstone belt, remains open in all directions and recent drill results…
Crowflight’s fresh start at Bucko Lake
With a new management team, a few hundred million more shares outstanding, a new head-office city, and a different mining strategy all instituted in recent months, Crowflight Minerals (CML-T) looks to be the same company in name only, and even…
Premier updates Hardrock
After two years of exploration, measured and indicated resources have jumped by 269% to 2.5 million oz. at Premier Gold Mines’ (PG-T) 70%-owned Hardrock gold project near Geraldton in northwestern Ontario. Inferred resources have grown by…
Industry group worries about rare-earth supply
How fast Chinese exports of rare earths get to zero is the $64,000 question, Keith Delaney, executive director of the Rare Earth Industry and Technology Association, told participants on a private conference call on March 31.