Drill results from Cinco de Mayo, 190 km north of the city of Chihuahua in Mexico, indicate continuous mineralization over a 400-metre dip length with mineralization remaining open down dip and along strike, MAG Silver (MAG-T, MVG-X) reports.
Vancouver — Referred to by its chairman as a ‘challenging year’, Jaguar Mining’s (JAG-T) saw costs rise and profits fall in 2011 despite an increase in gold production and the price of gold.
Vancouver — Toronto-based Volta Resources (VTR-T) and Vancouver-based Riverstone Resources (RVS-T) are separately hunting for gold in the small West African country of Burkina Faso.
Skyline Gold (SK-V) is hunting for high-grade gold in the Golden Triangle in northwest British Columbia at its Iskut property, with hopes of striking it big.
Magellan Minerals (MNM-V, MAGNF-O) has bulked up its resources at its Coringa project in Brazil’s Para State.
Torex Gold Resources’ (TXG-T) work on the community relations side of the mining business is bearing fruit.
The Australian Parliament on March 19 passed a bill for a new 30% mining tax on iron ore and coal mine profits in the country, leaving some miners and business groups in a fury.
Northern step out holes drilled at the Kobada gold project in southern Mali will have a positive impact on a revised resource estimate due later this year, African Gold Group (AGG-V) says.
TSX Short Positions Short positions outstanding at Mar. 15/12 (with changes from Feb….
Vancouver — Clutching a few small blocks of property in what is probably Colombia’s most famous gold mining district, Calvista Gold (CVZ-V) is having little trouble hitting gold.
Vancouver — Sandstorm Gold (SSL-T) is not an exploration or operational mining outfit. The company is not interested in spending equity capital on surface exploration, drill programs or environmental-impact studies. Instead, Sandstorm…
As Macusani Yellowcake (YEL-V) closes in on finalizing its friendly takeover of Southern Andes Energy (SUR-V) the company continues to prove up the uranium potential of southern Peru.
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