Canaco Resources (CAN-V) may be best known for its Magambazi gold discovery in the Handeni district of eastern Tanzania, where in late December drill results yielded intercepts of 53.2 metres of 9.51 grams gold per tonne and 17.4 metres of 6.1…
Vancouver – A pioneering deep-sea mining operation is a big step closer to reality after Papua New Guinea granted a mining lease to Nautilus Minerals (NUS-T) for its Solwara 1 project in the Bismarck Sea.
Vancouver – The first set of drill results from Newstrike Captial’s (NES-V) exploration and twinning program on its Ana Paula project in southern Mexico returned several significant gold intercepts including a long stand-out.
Kevin Keough likes to say that the “universe is unfolding as it should” at PC Gold’s (PKL-T) Pickle Crow property in northwestern Ontario.
An 18-month search by Canarc Resource (ccm-t) for new acquisitions has culminated with the successful bid to buy a mostly built and permitted, open-pit, heap-leach gold mine in Nevada through a bankruptcy court auction.Canarc has agreed to buy…
Five days after shares of Seafield Resources (sff-v) soared 147% to 57¢ on drill results of 449 metres grading 1.29 grams gold per tonne at its Miraflores gold deposit in Risaralda, Colombia, the junior has moved its drills 3 km to the…
Joint-venture partners Rainy River Resources (rr-v) and Northern Superior Resources (sup-v) have pulled a significant discovery hole from Target 3 at the TPK gold project in northern Ontario. Hole 4 hit 13.5 metres grading 25.87 grams…
Tahoe Resources (tho-t) has taken advantage of buoyant precious metal prices to raise $352 million in a bought-deal financing with a syndicate of underwriters led by GMP Securities.The private placement financing is just shy of 25 million…
With roles in the latest James Bond movies Casino Royale and Quantum of Solace and a parallel career on Broadway, actor Jeffrey Wright is a busy man. His performances have earned him a Tony, a Golden Globe and an Emmy, but over the last seven…
Galway Resources (gwy-v) has released several significant gold-silver hits from its California project in Colombia just as it announces a $25-million financing.The latest results come largely from the Pie de Gallo zone, a 300-metre-long…
Land issues in Tanzania have become a more common theme as of late.
After 12 years of profitable operation, Northgate Minerals’ (NGX-T, NXG-X) Kemess South gold-copper mine in north-central British Columbia is shutting down. The large-scale open-pit mine will cease operating in February after ore reserves have…
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