Anglo investing US$25 million in Nautilus
Vancouver – Nautilus Minerals (NUS-V, NUSMF-O) plans a US$68.5-million financing and has lined up mining giant Angl…
Gold
Midway drilling pushes Spring Valley north
Vancouver — Drilling by Midway Gold (MDW-V, MDWGF-O) on the North Hill target at its Spring Valley project in northwestern Nevada has hit a new zone of gold mineralization.
Polyus Gold plans ambitious expansion
Anchorage, Alaska — Apparently at least one Russian oligarch isn’t too worried about being forced out of the country or arrested. Vladimir Potanin is so confident of his position that he’s hosting th…
AngloGold cements new Russian alliance (October 30, 2006)
AngloGold Ashanti (AU-N, AGD-L, ANANO-J) has concluded a deal with Russian gold producer Polymetal for a strategic alliance in gold exploration in the Russian Federation, which has left one London-lis…
St Andrew buys Holloway assets from Newmont
St Andrew Goldfields (SAS-T, SASXF-O) has agreed to buy subsidiary Holloway Mining from Newmont Mining (NMC-T, NEM-N), moving the Holloway and Holt-McDermott mines and a large land package into the St…
Buffalo Gold cuts more Mount Kare high-grade
Vancouver — Buffalo Gold’s (BUF.U-V, BYBUF-O) Mount Kare project in Papua New Guinea continues to deliver wide, high-grade gold intercepts in the latest drilling on the North-Western Roscoelite zone …
Campbell offering held up
A rights offering by Campbell Resources (CCH-T, CBLRF-O) to assist the restructuring of the financially troubled company is ready, its final prospectus having been approved by securities regulators. B…
Pardo trenching delivers significant values for Endurance
Vancouver — Trenching by Endurance Gold (EDG-V) on its Pardo property, located 65 km northeast of Sudbury in northern Ontario, has returned a significant interval of gold mineralization.
Northgate extends Young-Davidson
Four holes drilled this summer by Northgate Minerals (NGX-T, NXG-X) have confirmed that two gold-mineralized zones at the Young-Davidson mine west of Matachewan, Ont., continue to depth, and permits a…
Queenstake trimming fat at Jerritt Canyon (October 30, 2006)
Vancouver — Looking to garner greater market respect, Queenstake Resources (QRL-T, QEE-X) is moving to slash production costs at its Jerritt Canyon mining complex in northeastern Nevada and will look…
Nautilus contracts to build deep-sea mining vessel (October 30, 2006)
Vancouver — Nautilus Minerals (NUS-V, NUSMF-O) and Belgium-based Jan De Nul Group have reached a tentative agreement that would see a deep-sea mining vessel built for use at a Nautilus project in the…
Quimsacocha resource grows (October 30, 2006)
The last season of drilling at the Quimsacocha gold deposit in southern Ecuador has expanded the resource on the project by 21% and established that high-grade mineralization is continuous between the…