Miramar drill results from Hope Bay
Miramar Mining (MAE-T, MNG-X) issued its first results from the 2006 exploration program at its Hope Bay Project in…
Gold
New Gold hits deeper mineralization at Afton (May 25, 2006)
Vancouver – Underground drilling by New Gold (NGD-T, NGD-X) on its New Afton copper-gold deposit, just west of Kaml…
Cornerstone-Coastport cut high-grade massive sulphides at La Plata
Vancouver – This year’s initial step-out drill hole by joint venture partners Cornerstone Capital Resources (CGP-V,…
Lake Shore to head underground at Timmins West, Vogel
As part of its pre-feasibility study on the Timmins West gold project, Lake Shore Gold (LSG-T) plans to do undergro…
Aurizon appoints committee to review Northgate bid
Vancouver – Aurizon Mines (ARZ-T, AZK-X) has appointed a special committee of directors to review and evaluate an …
Editorial: Mongolian government betrays Western miners
Mid-May saw the executives of the West’s mining and mineral exploration companies mentally move Mongolia from the “…
Nevada-focused Columbus Gold launches IPO
Vancouver — Closure of its $5-million initial public offering (IPO) has Columbus Gold (CGT-V) ready to hit the tra…
Mongolia drops tax bombshell
Vancouver — From left field, and late on a Friday night, Mongolia’s parliament shocked Western mineral explorers by passing a windfall profit tax, which calls for a 68% levy on copper and gold operat…
Highland Gold does turnaround at Mnogovershinoye (May 22, 2006)
The year 2005 ended with a financial loss for London-based Highland Gold Mining (HGHGF-O, HGM-L) but a turnaround in production at its mainstay Mnogovershinoye mine in the Khabarovsk region of Russia’…
Prefeasibility gives Passendro thumbs-up
A prefeasibility study for Axmin (AXM-V, AXMIF-O) on the Passendro gold project in the Central African Republic says a 200,000-oz.-per-year gold mine would be profitable….
Queenstake cuts Jerritt Canyon high-grade (May 22, 2006)
Vancouver — Underground drilling by mid-tier gold producer Queenstake Resources (QRL-T, QEE-X) at its Jerritt Canyon mining complex, in northeastern Nevada, has returned significant intervals of high…
Int’l Minerals closes $92-million for Rio Blanco
Vancouver – Closure of its $92-million public offering has International Minerals (IMZ-T, IMZLF-O) with funds in ha…