Volume 96 Number 51 Feb 7 - 13, 2011

Shanta Gold makes headway in Tanzania (February 07, 2011)

Junior Shanta Gold (SHG-L) wants to make the leap from explorer to gold producer within two years. On Jan. 25, Shanta said it is on track to complete a detailed feasibility study by the end of June on its Singida gold project in central…


A vessel at Nautilus Minerals' Solwara 1 copper-gold project in the Bismarck Sea. Photo by Nautilus Minerals

Nautilus secures deep-sea mining lease (February 07, 2011)

A pioneering deep-sea mining operation is a big step closer to reality after the Papua New Guinea (PNG) government granted a mining lease to Nautilus Minerals (NUS-T, NUS-L) for its Solwara 1 copper-gold project in the Bismarck Sea.



Paramount expands San Francisco

The final assays results from the remaining 28 holes completed during the 2010 drill program on Paramount Gold and Silver’s (PZG-T, PZG-X) San Miguel project in Mexico continue to confirm the potential for near-surface, bulk-tonnage…


A dump truck at First Quantum Minerals' Kansanshi copper-gold mine in Zambia, 10 km north of the town of Solwezi. Photo by First Quantum Minerals

First Quantum to expand Kansanshi

Already one of the largest copper-producing companies, First Quantum Minerals’ (FM-T, FQM-L) plan to expand production capacity in Zambia at its Kansanshi copper-gold mine by 60% to about 400,000 tonnes of copper per year by 2015 and advance…


Drillers at Rockgate Capital's Falea uranium-silver project in southwest Mali, about 20 km north of the Guinean border. PHoto by Rockgate Capital

Rockgate boosts grade, tonnage at Falea

Rockgate Capital (RGT-T) has significantly increased the size and grade of the uranium and silver resource in its Falea project in southwest Mali with a resource update. 


Aldridge likes what it sees at PNG discovery

When Aldridge Minerals (AGM-V) acquired a 450-sq.-km licence in Papua New Guinea (PNG) in February 2009, it fielded three requests from majors to joint-venture the property even before any samples were taken.


Gillian Kearvell, Newstrike Capital's vice-president of exploration, with colleagues at the Ana Paula gold project. Photo by Newstrike Capital

Newstrike cuts long gold hit in Mexico

Vancouver – The first set of drill results from Newstrike Capital’s (NES-V) exploration and twinning program on its Ana Paula gold project in southern Mexico returned several significant gold intercepts including a long stand-out.


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