Eldorado Gold tables Sayacik drill results
A 4-hole program of reverse-circulation drilling by Eldorado Gold (ELD-T) has returned up to 8.2% copper over 5 metres at the Sayacik target, some 6 km southwest of the advanced Kisladag project in Tu…
Advanced Projects Ltd
BHP Billiton, Corriente form alliance
Last year, Corriente Resources (CTQ-T) teamed up with Lowell Mineral Exploration and Billiton to explore porphyry copper projects in southern Ecuador. Now Corriente has joined forces with newly create…
Analyst compares Gabriel’s go-it-alone and sales options
Senior gold producers are still interested in buying non-producing companies with advanced projects . . . but not at any price, and certainly not without a hard-nosed look at project economics. That’s…
Juniors test waters in British Columbia
A recent change in government is fuelling optimism and a modest revival of exploration in British Columbia. Mining executives say the government’s promises to streamline permitting procedures and impr…
Eldorado revises mine forecast
A Brazilian government decree limiting the use of electricity has forced Eldorado Gold (ELD-T) to modify its production forecast at the Sao Bento mine.Situated in Minas Gerais state, the mine is now e…
Snap Lake underground mine takes shape under De Beers
Snap lake, N.W.T. — The Canadian North comprises a vast region of lakes, rivers, Arctic tundra and, more recently, diamonds. With one mine already established and three others scheduled to come on-st…
Australia top destination for exploration spending
Australia attracted 17.3% of global exploration funding last year, more than any other country in the world, though spending fell 19% to A$676.3 million from the previous year. Gold was the main targe…
Silver Standard hits silver zone at Aussie project
Drilling by Silver Standard Resources (SSO-V) has returned 46 metres grading 284 grams silver per tonne from the Bowdens silver deposit in New South Wales, 200 km northwest of Sydney.The junior comple…
PGM search intensifies in Ontario
An increasing interest from the majors and an ongoing price rally are adding momentum to the search for platinum and palladium deposits in northern Ontario. At last count, more than a dozen companies …
Golds rise above broad market woes
Dragged down again by a troubled industrial sector, the Toronto Stock Exchange 300 index sank 251.43 points over the Nov. 15-21 report period to end the week at 9,013.86.Fairing a good deal better wer…
AngloGold buys stakes in Geita, Morila
For US$205 million in cash and help in obtaining project financing, AngloGold (au-n) has struck a preliminary deal to buy a 50% interest in Ashanti Goldfields’ (ASL-N) Geita gold project in Tanzania.T…
Lakota nails down properties
While larger rivals are concentrating on bringing advanced projects to production, junior Lakota Resources (LAKO-C) has assembled a large land package for early-stage exploration in the Lake Victoria …