Volume 97 Number 19 Jun 27 - Jul 3, 2011

Drillers at Riverstone Resources' Karma gold project in Burkina Faso. Photo by The Northern Miner

Riverstone drilling enriches its Karma

The latest drill results from Riverstone Resources’ (RVS-V) Karma project look to be pushing known mineralization farther south on the Gouglagou I zone and deeper on the Gouglagou II zone.


Augusta moves closer to decision on Rosemont Copper

The preliminary draft Environment Impact Statement on Augusta Resource’s (AZC-T, AZC-X) Rosemont Copper project near Tucson, Ariz., has been delivered by the Coronado National Forest to Arizona State and local cooperating agencies, bringing it…



Magellan races to find more Brazilian gold

It’s been years since geologists Alan Carter and Dennis Moore flew around with a claim map staking property in Brazil’s attractive Tapajos gold district, before setting up their own mining company – Magellan Minerals (MNM-V).



An aerial view of Luna Gold's Aurizona gold mine in northeastern Brazil. Photo by Luna Gold

Luna cutting costs, boosting output at Aurizona

Working away in the relatively remote San Luis craton of northeast Brazil, Luna Gold (LGC-V) has commissioned one gold mine, advances a second project to the scoping stage and holds an extensive greenfield land package in the area.


Drillers at Rio Novo Gold's Almas gold project in Tocantins state, Brazil. Photo by Rio Novo Gold

Rio Novo Gold marches towards production

Rio Novo Gold (RN-T) hopes to become a gold producer by bringing its two advanced-stage Brazilian properties into production: The Almas gold project in the southeastern part of Tocantins State, and the Guaranta gold project in the northern part…


The treatment plant at Fortuna Silver's San Jose silver-gold project in Oaxaca, Mexico. Photo by Ian Bickis

Fortuna Silver updates San Jose

Fortuna Silver Mines (FVI-T) started building its San Jose underground silver-gold mine 47 km south of the city of Oaxaca in southern Mexico in the second quarter of 2010. Now, the company says it can increase the start-up production rate from…


Agnico-Eagle buys 18.6% of Mexico-focused Colibri

Major Canadian gold miner Agnico-Eagle Mines (AEM-T, AEM-N) has acquired 6 million shares and 4 million warrants of Colibri Resources (CBI-V), a junior explorer based in Nanaimo, B.C., looking for gold and polymetallic mineralization in…


Northland targets 2013 for first iron ore delivery

Northland Resources (nau-t) is set to launch its flagship Kaunisvaara iron ore project in northern Sweden in early 2013, with production of 5 million tonnes of iron ore concentrate per year expected by 2014. 


Temex Resources' silver tailings from the Miller Lake O'Brien mine in northeastern Ontario. Photo by Temex Resources

Temex Resources posts resource for Gowganda

Between 1910 and 1972 the Miller Lake O’Brien silver mine in northeastern Ontario turned out 42 million oz. silver. It also left behind a lot of silver in tailings piles – 2.96 million oz. to be precise.



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