Moto keeps on driving in DRC
Building a mine on the Kilo-Moto gold belt in the Democratic Republic of the Congo’s northeast has been a mucky adventure for Moto Goldmines (MGL-T, MOE-L).
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Acadian to upgrade Getty resource
Acadian Mining (ADA-T, ADAIF-O) has received zinc and lead grades from drilling at its Getty property, near Gays River, N.S., that the company says shows potential for an open-pit mine.
Majescor rallies on Otish uranium intercept (March 03, 2008)
VANCOUVER — Stepout drilling on Majescor Resources’ (MAJ-V, RSMJF-O) Lac Mantouchiche showing, at its Mistassini uranium property in the Otish Mountains of Quebec, has returned a wide interval of ura…
Marathon bids for Discovery PGM (March 03, 2008)
VANCOUVER–In the midst of completing a feasibility study on its namesake project, Marathon PGM (MAR-T, MRPGF-O) has made a takeover offer for Discovery PGM Exploration (PTD-V, DPTFF-O) in order to ad…
NovaGold stands pat on Copper Canyon (March 03, 2008)
NovaGold Resources (NG-T, NG-X) will maintain its 60% interest in the Copper Canyon property in northwestern B.C., choosing not to exercise its option to move up to an 80% interest by paying Copper Ca…
Centenario’s Franke bigger but more costly (March 03, 2008)
VANCOUVER–In the sand of Chile’s Atacama desert, Centenario Copper (CCT-T) is quietly moving the Franke deposit towards a December 2008 production date.
Never at Wits’ end
South Africa’s Witwatersrand basin never seems to run out of gold; you might even say it’s never at Wits’ end.
Colombia’s untapped gold potential lures wary miners
VANCOUVER — Since 1997, the Fraser Institute has ranked the policy attractiveness of more than 60 mining jurisdictions based on a composite index with a maximum possible score of 100.
Gold Canyon boosts Cordero gallium resource (March 03, 2008)
VANCOUVER–Gold Canyon Resources’ (GCU-V, GDCRF-O) has significantly boosted the resource at its Cordero gallium project, in north-central Nevada’s Humboldt Cty.
New mill at La Guitarra to boost Genco’s production
With silver prices at the start of February 27% higher than a year earlier, Genco (GGC-T, GGCRF-O) wants to fast-track production expansion at its La Guitarra silver mine in central Mexico.
LME Warehouse Levels (March 03, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb 15, 2008 (change from Feb. 12 in brackets):
Roxmark tests potential to reopen Northern Empire (March 03, 2008)
Roxmark Mines (RMK-V, RMKMF-O) has started a 6,200-metre surface diamond-drill program at its Northern Empire mine property near Beardmore, Ont.