Samax Gold (SMX-T) has discovered a third gold deposit at its wholly owned Kukuluma property in the Geita region of northern Tanzania.The new deposit, called Matandani, lies in a previously unexplored…
Encouraged by results to date from the Cerro Blanco gold discovery in southeastern Guatemala, Mar-West Resources (MSR-V) is planning its next phase of drilling.Cerro Blanco is a hot spring gold prospe…
The Canadian government has been tightening up its transfer pricing regime in an effort to bolster the Canadian fiscal position.The price charged by one affiliate of a multinational to another, across…
Lucero Resource (LCR-V) has suspended drilling on the ITS property in north-central Alberta after failing to encounter kimberlite in the first six holes drilled to test five geophysical targets.All th…
Buenos Aires-based junior Plata Mining (PMT-A) has signed an agreement with Chilean firm Exploracion y Desarrollo Minero (Explodesa) to form a joint venture for the exploration and development of Plat…
For Russians, whose government is desperately propping up the ruble, gold may soon have the same meaning as hard currency.Russian banks plan to boost sales of the yellow metal to members of the public…
Spokane, Wash.-based Minera Andes (MAI-A) has announced plans to drill the Arroyo Verde gold-silver prospect in eastern Chubut province, Argentina, in late July.Arroyo Verde is a joint venture with Pe…
The dawning of the Canadian diamond industry and all it entails is upon us. Unfortunately, most Canadian and U.S. investors are not fully aware of the opportunities and pitfalls of the gemstone busine…
A new agreement among 16 West and Central African nations will benefit the business practices of western mining companies operating in the region, according to Price Waterhouse.The Organization for th…
Milk producers do it, along with egg farmers. Wheat farmers do it (though some would rather not), while oil producers tried to do it, but weren’t disciplined enough to suceeed. Microsoft’s Bill Gates …
Having brought on board some experienced Russian and German consultants, Magnesium Alloy (MGAC.U-C) has begun a prefeasibility study at its Kouilou magnesium project along the coast of the Republic of…
A summer exploration program is set to commence at the Doyle Lake project in the Northwest Territories.Situated 280 km northeast of Yellowknife, the project is a joint venture held 60% by De Beers Con…
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