More gold produced at Siwash
Siwash North will probably never make the top-ten list of Canadian gold mines, but the British Columbian operation is proving to be a jewel box for owner Fairfield Minerals (TSE). Situated near Merrit…
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Metall to explore Joutel property
Base metal miner Metall Mining (TSE) will earn a 70% interest in Joutel Resources’ (TSE) Joutel copper project in northwestern Quebec. The 26-claim property hosts the Joutel copper deposit, which oper…
Atlas calls off merger talks
A proposed merger between Atlas (NYSE) and three other mining companies has been nixed. Atlas, which had proposed the merger, informed the three that it no longer wants to proceed. The companies inclu…
Arequipa acquires Peruvian company
A joint venture between Arequipa Resources (VSE) and Peruvian-based Acuarios Minera y Exploradora has culminated in a merger. Arequipa increased its interest in the Peruvian company to 100% by issuing…
Program could augment Joe Mann reserves
Positive drill results are reported from the Joe Mann copper-gold mine south of Chibougamau, Que. Owner Campbell Resources (TSE) reports that the work was carried out at the newly discovered West zone…
EDITORIAL PAGE — What’s ahead for cobalt?
The recent increase in cobalt prices to more than US$26 per lb. is good news for producers, some of whom have already responded to current tightness by expanding production. And further down the road,…
Echo Bay gives nod to Lamefoot deposit
A new gold deposit is set to come on stream for senior gold producer Echo Bay Mines (TSE). The Lamefoot deposit is the latest in a string of five deposits to be put into production at the Kettle River…
NASDAQ moves on improvements
Under investigation by the U.S. Justice Department and the Securities and Exchange Commission (SEC) for allegedly fixing prices and other abuses, NASDAQ (National Association of Securities Dealers Aut…
BHP enhancing Tanzanian deposit
A second hole drilled near the Kabanga nickel-cobalt deposit in northwestern Tanzania has confirmed the potential for a significant new zone. BHP Minerals reports that Hole 43 intersected an estimated…
Adex tests Blackheart zone
As part of its option to earn a 60% interest in the Potts Falls gold project in Guyana, Adex Mining (TSE) has performed surface exploration on the Blackheart zone. Infill and deep auger sampling have …
PEOPLE — LORICA RES. — Jaime Araoz, Jorge Bedoya and
A 198.9-kg drill sample from Aber Resources’ (TSE) Diavik project in the Northwest Territories has yielded 150 microdiamonds and 99 macros. The hole, A154-9, was drilled into the southern kimberlite p…
Westmin intersects new zones
At its Myra Falls operation near Campbell River, B.C., Westmin Resources (TSE) is discovering that two mineralized zones are better than one. Surface diamond drilling aimed at testing the western exte…