Rio Alto looking to be Peru’s next name in mining
With its planned acquisition of Iamgold’s (IMG-T, IAG-N) La Arena copper and gold project, Rio Alto Mining’s presid…
Gold
Positive scoping study for Wits Gold’s Bloemhoek (May 12, 2008)
South African gold explorer Witwatersrand Consolidated Gold Resources (WGR-T, WGR-J) has wrapped up a scoping study on its Bloemhoek project in the southern Free State goldfield showing that, over the…
Canplats gains 22% on ‘Red Road’ results
VANCOUVER — The Camino Rojo discovery in Mexico is rapidly becoming an exciting story for Canplats Resources (CPQ-V).
Murgor boasts strong grades at Hudvam
Strong gold grades drove Murgor Resources (MGR-V, MGRRF-O) shares 48% higher on April 22 after the company released results from its Hudvam copper-gold-zinc-silver deposit in Flin Flon, Man.
High-grade gold at Rubicon’s Phoenix
The Phoenix gold project’s new F2 zone in Ontario’s Red Lake camp is yielding more high-grade gold intercepts for Rubicon Minerals ( RMX-T, RBY-X)
Aurizon teams with Radisson to study O’Brien revival
Aurizon Mines (ARZ-T, AZK-X) is considering a joint venture with Radisson Mining Resources (RDS-V) for the O’Brien-Kewagama property, home to the past-producing high-grade O’Brien gold mine, in the Ab…
Gold Fields’ South African miners killed
The past couple of weeks have been tragic ones for Gold Fields (GFI-N) employees after a series of unrelated accidents claimed 13 lives at two of the company’s South African assets.
GBS Gold sees potential at Union Reefs deposits (May 12, 2008)
Recent drill results from GBS Gold International’s (GBS-T, GBSFF-O) Brocks Creek and Fountain Head mines, in Australia, bode well for the company’s Union Reefs operations — fed by ore trucked from se…
Banro reports strong intersects at Namoya gold project (May 12, 2008)
Highlights from pre-feasibility drilling at Banro’s (BAA-T, BAA-X) Namoya project in the Democratic Republic of the Congo include 18.6 metres grading 20.15 grams gold per tonne and 7.3 metres grading …
Record quarterly revenue for Metallica
It looks like Metallica Resources (MR-T, MRB-X) is on a roll. Fast on the heels of its planned merger with New Gold (NGD-T, NGD-X) and Peak Gold( PIK-V, PIKGF-O), the Denver-based gold and silver prod…
San Agustin shows potential for Geologix
VANCOUVER–Finally finished with drilling limited by an option agreement, Geologix Explorations (GIX-V) started expansion drilling at the San Agustin polymetallic project in Durango, Mexico, and was i…
Gold Reserve feels the sting of rejection
Gold Reserve (GRZ-T, GRZ-X) has lost its status as a “company that could” in Venezuela.