News

Patricia Mining (PAT-V) has hit high-grade gold at depth on the Island project, 125 km southeast of Hemlo, Ont.

Reverse-circulation drilling has cut some high-grade intersections beneath the Piment Central deposit on Defiance Mining‘s (DM-T) Tasiast gold project in Mauritania.

Vancouver — A feasibility study prepared for Crystallex International (KRY-T) suggests the economics of Las Cristinas could be improved by doubling daily throughput to 40,000 tonnes.

At its Tanjianshan gold project in west-central China, Afcan Mining (AFK-T) will spend US$3.5 million on exploration aimed at upgrading inferred resources to the indicated category.

Vancouver — The recent slump in gold and silver prices has prompted a major shareholder of Kimber Resources (KBR-V) to withdraw a proposed bid for additional shares of the company.

Vancouver — A first phase of drilling by Amera Resources (AMS-V) has expanded the potential of a copper-gold porphyry system at the Mogote project in Argentina’s San Juan province.

Development began with a blast in early April on the 5213 “E” stope at the Fenelon gold project in northwestern Quebec. International Taurus Resources (ITS-V) and Fairstar Explorations (FFR-T) intend to test-m…

Vancouver — Calgary-based Fording Canadian Coal Trust (FDG-T), a continuation of predecessor Fording, posted net income of $10.7 million in the recent first quarter, plunging from $147.3 million a year earlier.