News

Toronto-based Diadem Resources (DIR-M) has released a resource calculation for La Mestiza, its gold property in Nicaragua.The company’s consulting engineer has calculated proven and probable reserves …

Plata-Peru Resources (PPU-A), which was formed by the recent merger of Socana Exploration and two private companies, is endeavoring to develop and operate a small base metal mine in Peru.The Pachapaqu…

As summer weather returns to central Chile and the snow retreats from the mountains, General Minerals (GNM-T) is preparing to resume exploration of the Escalones copper-gold prospect.Beginning in Nove…

The syndicate formed by Azimut Exploration (AZM-M), Vior Mining Exploration (VIO-M) and Virginia Gold Mines (VIA-M) has hit a dyke containing nickel, copper and cobalt in the Lac Volant area north of …

A conference providing an overview of the Russian mining industry will be held from Oct. 28 to 29 at the Sheraton Centre in Toronto.Entitled “Mining in Russia and the Commonwealth States,” the confere…

High-value diamonds are flowing from the Luo fluvial diamond operation, reports SouthernEra Resources (SUF-T).SouthernEra receives 10% of the net profit from the Angolan operation, and 35% of the prof…

Vancouver-based First Point Minerals (FPX-A) is preparing to explore the recently acquired Cedros silver-lead-zinc property near Tegucigalpa, Honduras.The junior can earn a 100% interest in the 59-sq….

The recently discovered Hearne and Tuzo kimberlite pipes on the AK property in the Northwest Territories are diamondiferous.Monopros, a wholly owned subsidiary of De Beers Consolidated Mines (DBRS-Q),…

Armeno among host of active juniors in resource sectorThe Vancouver Stock Exchange composite index closed down 4.96 points, or 0.6%, at 833.44 over the report period ended Oct. 21. The mining index wa…

some vitality in week of light tradingThe Toronto Stock Exchange 300 composite index ended the report period Oct.14-21 at 7137.27, down 31.5 points, or 0.4%. Trading was relatively light, with trading…