News

Barrick Gold (ABX-T) earned US$51 million in the first quarter, almost double that of the corresponding period a year earlier, thanks chiefly to higher gold prices. The income trans…

Claude Resources (CRJ-T) has cut significant gold at its Santoy Lake property, 125 km northeast of La Ronge, Sask. The drilling focused on Zones 8 and 8E….

Tsodilo Resources (TSD-V) is encouraging by mineral chemistry results from the A15 kimberlite on the Ngamiland project in Botswana….

Falconbridge (FL-T) has dealt an option to earn a half-interest in its Mangabal nickel project in central Brazil to Castillian Resources (CT-V)….

Adanac Moly — John Fisher appointed metallurgical consultant for the Ruby Creek molybdenum project, near Atlin, B.C….

Vancouver — Amerigo Resources (ARG-T) reports that the molybdenum flotation circuit at its Minera Valle Central (MVC) plant in Chile is up and running….

Monroe Minerals (MMX-V) sold 2,412 carats of diamonds on a run-of-mine basis in the first quarter, reaping an average of US$443 per carat. Total proceeds were US$1.1 million….

Vancouver — Government initiatives to improve the investment climate for mining have prompted TVI Pacific (TVI-T) to apply for exploration properties in a new mineral district near…

Santiago, Chile — After two years of debate, the Chilean government’s attempt to extract extra tax revenue from the country’s powerful mining industry appears to be entering the final stage….