Almaden expands Ixtaca gold-silver zone
Almaden Minerals (AMM-T, AAU-X) has extended the Ixtaca gold-silver zone by more than 100 metres along the interpreted strike with the latest drill results from its Tuligtic project in Puebla state, M…
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Vatukoula Gold seeks North American listing
Dave Paxton was so convinced he could turn around Fiji’s only gold mine that he left a comfortable job as a mining analyst at Hichens Harrison, London’s oldest stockbroking firm, to put his money wher…
Mercer holds gold in Colombia
With the gold boom in Colombia in full swing, it may come as some surprise that speculative land next to a 10-million-oz. gold deposit would still be available.
Medusa to build a new plant at Co-O mine
Debt-free and unhedged gold producer Medusa Mining (MLL-T, MML-L, MML-A) will use US$80 million from its cash flow to build a new treatment plant and expand its Co-O gold mine in southeastern Mindanao…
Corex gains on Santana results
VANCOUVER — Corex Gold (CGE-V) added 20% to its share price after another set of drill results from the Santana project in Mexico’s Sonora state expanded the Nicho gold-oxide zone.
Pershimco revives Panamanian project
VANCOUVER — Just two months after buying the Cerro Quema gold project in Panama, Pershimco Resources (PRO-V) is pulling long gold intercepts from the site as it works to twin historic holes and colla…
Russia and gold
In a scenario long plotted out by gold bugs, there was another geopolitical shift in the use of the U.S. dollar and gold as financial instruments over the week.
Lead, zinc in oversupply in 2010: ILZSG
The International Lead and Zinc Study Group (ILZSG) released preliminary data for world lead and zinc supply and demand during the first nine months of 2010. A brief summary is listed in the tables be…
Rio Tinto to create Sudbury research centre
Rio Tinto (RIO-N, RIO-L, RIO-A) has announced it will establish the Rio Tinto Centre for Underground Mine Construction at the Centre for Excellence in Mining Innovation (CEMI) in Sudbury, Ont. The min…
North American Energy acquires Cyntech
North American Energy Partners (NAEP) (NOA-T, NOA-N) has bought Calgary-based Cyntech, a designer and manufacturer of screw piles and pipeline anchoring systems and a provider of tank maintenance serv…
Inmet contracts SNC-Lavalin for Cobre Panama
Inmet Mining (IMN-T) has awarded a contract to Joint Venture Panama (JVP), a joint venture held 70% by SNC-Lavalin Group (SNC-T), to provide basic engineering for the Cobre Panama copper-gold project …
Orbit Garant buys Advantage Control Technologies
Orbit Garant Drilling (OGD-T) has acquired Advantage Control Technologies (ACT). As part of the transaction, Orbit Garant will buy specialized technologies and equipment, while also expanding its oper…