Base metals diverge, golds plunge deeper
The Toronto Stock Exchange composite index plunged 80.77 points over the Feb. 26-Mar. 4 report period to finish the week at 6,422.33.On March 5, gold settled at a London morning fix of US$354.50 per o…
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Eldorado dusts off Ecstall’s Dusty Mac
Eldorado Gold (ELD-T) has a 30-day period in which to conduct technical and legal due diligence after entering into a letter of intent with Ecstall Mining (EAM-V) over the dormant Dusty Mac gold mine …
Nevsun zooms in on Eritrean VMS prospect
A high-grade volcanogenic massive sulphide discovery has prompted Nevsun Resources (NSU-T) to pick up the pace at the Bisha property in Eritrea.Earlier this year, Nevsun sunk six preliminary holes to …
Barrick shows grassroots prowess with Peruvian find
A new emphasis on grassroots exploration paid off for Barrick Gold (ABX-T) in 2002 with the discovery of the 9.5-million-oz. Lagunas Norte gold deposit at Alto Chicama in northern Peru.Barrick jump-st…
Tanzania: a miner’s elephant country
Better known for red-cloaked Masai tribesmen and big game safaris, the United Republic of Tanzania is actually a phenomenally mineral-rich land.Formerly known as British East Africa, and German East A…
Croinor deposit grows
A slew of new drill results and an ongoing campaign are keeping South-Malartic Exploration (MSU-V) as determined as ever as to advance the venerable Croinor gold deposit to production.Situated 70 km e…
Cornerstone spreads risk, saves cash by joint venturing
For many juniors, keeping the treasury topped up while funding exploration on projects is difficult. One way a company can achieve this is through joint ventures, whereby a partner earns an interest i…
Queenston intensifies work in Ontario and Quebec
With three drills turning on its projects in northeastern Ontario and northwestern Quebec, this winter is shaping up to be a busy one for Queenston Mining (QMI-T).The company recently completed a 6-ho…
Teaching earth sciences to kids
Christine McLelland, a high-school teacher in Englewood, Colo., believes students need to understand the Earth, the processes that created it, and what’s happening to it, and she is addressing that ne…
Apollo Gold revitalizes mature mines
Winnemucca, Nev. — The inaugural year of Apollo Gold (APG-T) proved to be auspicious. In 2002, the Denver-based company produced 154,860 oz. gold, doubled its reserve base and picked up the promising…
El Peon powers Meridian’s growth
Created as the successor to FMC Gold in 1996, Meridian Gold (MNG-T) took a Chilean asset called El Peon, which no one else wanted, and used it to reposition itself in the lower quartile of low-cost p…
Ivanhoe expands Turquoise Hill deposit
With its ever-expanding Turquoise Hill copper-gold project in Mongolia sitting on China’s doorstep, Ivanhoe Mines (IVN-T) is poised to offer a critical supply of copper metal to that country.Copper im…