Zimbabwe sets indigenization timeline
Vancouver – Never a dull place to operate, Zimbabwe has announced it is going ahead with its indigenization law and foreign mining firms now have until September 25 to sell a majority stake to locals.
Gold
La Mancha looks to add ounces in 2011
Having a geographically diversified portfolio of mining projects is always a good idea, but it is especially so when one of your projects is in Cote d’Ivoire. La Mancha Resources (LMA-T) had to suspend all gold mining and exploration activities…
San Gold plans to nearly double production in 2011
San Gold (SGR-T, SGRCF-O) produced 43,498 ounces of gold last year and intends to nearly double that amount this year to 80,000 ounces.
Moneta makes headway at Golden Highway
In just under a year Moneta Porcupine Mines (ME-T, MPUCF-O) has discovered three large zones close to its historic resource of 624,500 ounces of 5.98 grams gold per tonne at its Golden Highway project in Ontario.
Minera Andes makes headway at San Jose mine (March 28, 2011)
Exploration drilling in and around the San Jose underground mine last year uncovered 7.5 km of new high-grade silver-gold veins, a 44% year-on-year increase in the cumulative strike length of all the known veins at the mine, Minera Andes…
Capital Gold shareholders love a good fight (March 28, 2011)
Sometimes a fight can be a beautiful thing.
Gold Canyon hits long gold intercept
Gold Canyon Resources (GCU-V) found some light on an otherwise cloudy time for markets as it struck a significant amount of gold near Red Lake, Ont.
El Morro’s EIA gets the green light (March 28, 2011)
Chilean authorities have approved El Morro’s environmental impact assessment, joint-venture partners Goldcorp (G-T, GG-N) and New Gold (NGD-T, NGD-X), report.
Long intercept lifts Prodigy (March 28, 2011)
Prodigy Gold (PDG-V) continues to hit significant gold intercepts as it drives to push its Magino gold mine back into production.
Editorial: Bidding wars heat up
The talk of the North American mining scene in mid-March was the ratcheting up of two high-profile bidding wars.
Termites lead explorers in Mali to gold
Nicknamed “geozoology,” or “termite geochemistry,” mineral exploration companies in Mali are still turning to termites as an important tool in the search for gold deposits. By sampling termite mounds, which often tower more than two metres high…
Aurizon’s Q4, year-end profits drop
Aurizon Mines (ARZ-T, ARK-X) reported lower fourth-quarter and annual profits for 2010 as it wrapped up a tough year at its flagship Casa Berardi gold mine in northwestern Quebec.