AfriOre takes reins in Botswana
Having renegotiated the terms of its joint-venture agreement with Gencor, Toronto-based AfriOre (VSE) will now manage six diamond projects in South Africa and Botswana.AfriOre will have the right to e…
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SOUTHEAST ASIA SPECIAL — Altai adds to property portfolio
Toronto-based Altai Resources (TSE) has added another gold project to its Philippine portfolio.The junior acquired the Bulan project, comprising 3,285 hectares in the province of Sorsogon, southern Lu…
ANNUAL REPORT REVIEW — Prime earnings climb during quarter
High gold and silver prices, combined with an increase in precious metals production, coalesced into a healthy first quarter for Prime Resources Group (TSE).Earnings for the period totalled $13.2 mill…
ANNUAL REPORT REVIEW — Ashton to bid for Crater of Diamonds
Ashton Mining of Canada (TSE) has entered into an agreement with Texas Star Resources (VSE) to bid for the development of the Crater of Diamonds lamproite in Arkansas.Ashton says the rock type that ho…
SOUTHEAST ASIA SPECIAL — VSE listing for Laverton
Newly listed Laverton Gold (VSE) is another Australian company actively exploring in Southeast Asia. The company has domestic mineral projects, however its main property, the Rawas gold project, is si…
SOUTHEAST ASIA SPECIAL — Yukon Gold starts work program at Buduk property in Kalimantan
In many tropical countries, the gold is where the miners are. Indeed, local, independent miners with hand tools and sluice boxes often pave the way for large-scale operations.Craft mining activity in …
SOUTHEAST ASIA SPECIAL — Quebec-based junior company targets Solomon Islands
The Solomon Islands are known more for their idyllic beaches and wartime history than for gold, more for copra than for copper.However, a small Quebec-based mining company expects to change that perce…
SOUTHEAST ASIA SPECIAL — Virginia Gold lands permit
Quebec explorer Virginia Gold Mines (ME) has signed an agreement with a private company to acquire the Lamprung property on the Indonesian island of Sumatra.The exploration permit, which covers 20 sq….
SOUTHEAST ASIA SPECIAL — Decade of work pays off for Newmont
A decade of exploration and development work has enabled Newmont Gold (NYSE) to open its first mine in Southeast Asia, and have a second waiting in the wings.During the first quarter of this year, the…
SOUTHEAST ASIA SPECIAL — Minorca and Indonesian partner to explore holdings
A 70% interest in 6% of production from a gold project appears to be slim pickings, but not when the deal involves the multi-million-ounce Busang gold deposit in East Kalimantan, Indonesia.Earlier thi…
ANNUAL REPORT REVIEW — NEWS ROUNDUP — Oroperu launches drill program
By mid-June, drills will be turning at the Minaspamba gold project in northern Peru, reports property owner Oroperu Resources (CDN).The program will explore a brecciated, mineralized zone exposed over…
SOUTHEAST ASIA SPECIAL — Hyder CoW gets government nod
Vancouver-listed Hyder Gold (VSE) has received government approval for a contract of work on the Tabulus property in Central Kalimantan, Indonesia,The junior will buy a 90% interest in the 46,600-hect…