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Allana Potash grows resource at Dallol in Ethiopia
An updated resource estimate based on 40% of Allana Potash’s (AAA-V, ALLRF-O) licensed land in Ethiopia is better than the company expected.
Aurizon expands Hosco resource
Drilling between April 2010 and January 2011 has boosted measured and indicated in-pit resources by 31% at Aurizon Mines’ (ARZ-T, AZK-X) Hosco deposit, part of the gold producer’s Joanna project in northwestern Quebec.
Orosur to buy Chilean artisanal gold mine
Orosur Mining (OMI-V, OMI-L) does things a little differently than its Canadian counterparts. For starters, the company’s head office is in Montevideo, Uruguay, where its chief executive officer, David Fowler, also resides.
Malbex finds new zone, wraps up drill program
Malbex Resources (MBG-V) wrapped up its 2010/2011 drill program at the Del Carmen gold-silver project in Argentina’s San Juan province, saying it now has enough data to calculate a resource estimate for the Rojo Grande target by year-end.
Taseko posts Q1 profits, new mine plan
Taseko Mines (TKO-T, TGB-X) saw higher first-quarter profits compared to last year, but still fell below the market’s expectations.
Alamos drills new gold zone near Agi Dagi
Gold miner Alamos Gold (AGI-T) has delineated a new gold zone near its Agi Dagi gold project in Turkey that it believes has the potential to develop into a “stand-alone” project, according to a company news release dated June 16.
Wolfpack Gold to be born
Looking to make the most of their respective low-profile gold projects in the U.S., Seabridge Gold (SEA-T) and Golden Predator (GPD-T) have teamed up to spin out the properties into Wolfpack Gold.
Premier Gold takes out Hardrock JV partner
Ewan Downie’s Premier Gold Mines (PG-T) is taking full control of the Hardrock gold project near Geraldton in northwestern Ontario, in which it owns a 70% interest. The company will acquire the remaining 30% by taking over joint-venture-partner…
Trevali on the path to production
In the last few months Trevali Mining (TV-T) has expanded its resource base, changed its name, closed a $10-million financing, and listed on the Lima Stock Exchange. Now, it’s working to get two mines into production over the next 12 months.