Junior MacMillan Gold (MMG-V) is trying to raise $1 million to fund an ongoing drill program at its Cerro de Oro gold-silver project near Zacatecas, Mexico.In early December, MacMillan renewed drillin…
Government officials in Mongolia have issued four 60-year mining licences to Ivanhoe Mines (IVN-T).The licences, which are renewable for an additional 40 years, cover 238 sq. km, including the company…
With $1.8 million in hand from a private placement, Verena Minerals (VML-V) is preparing to dewater and refurbish underground workings at the Bonfim gold-tungsten-bismuth project, 120 km west of Natal…
Kinross Gold (K-T) has sold its entire stake in junior Pacific Rim Mining (PMU-T); the 17.6 million shares sold represent 22% of the latter’s share base.Toronto-based GMP Securities says institutional…
The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) has adopted best-practice guidelines for the estimation of mineral resources and mineral reserves, as recommended in a report released …
Vancouver — Results from Majestic Gold’s (MJS-V) recently completed 4-hole drilling program at the Ceske Brezovo prospect in Slovakia failed to return any significant gold mineralization.Majestic was…
The first seven infill holes drilled on the Bondi gold property in Burkina Faso have returned encouraging results for Orezone Resources (ORZ-T).The reverse-circulation (RC) program focused on the Main…
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 29Dec. 26Dec. 25Dec. 24Dec. 23Al Alloy1456/149…
Vancouver — Canada’s junior exchange continued to gain ground over the holiday-shortened week ended Dec. 29. The S&P-TSX Venture Exchange composite index tacked on 64.75 points, or 3.89%, to close at…
The Toronto market was higher in the first day’s trading of 2004, as the TSX Composite index rose 72.81 points to 8…
Vancouver — Lumina Copper (LUM-V) has inked a deal with Andes Pacific Development to acquire a 100% interest in th…
Vancouver — A mining investment partnership is looking to raise up to $35 million in an effort to resume operation…
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