News

From the treetops . . . to the court room

David Anderson’s newly unveiled strategy to save endangered species has been given a warm welcome by some powerful supporters, including one of Canada’s national newspapers, which wasted no time prais…


What about gold?

Gold sales by central banks were back in the news this past year. The Dutch central bank announced plans to sell 300 tons, thus reducing its total holdings to 752 tons. Britain has greatly reduced its…



Miramar Mining buys half of Hope Bay gold project

Miramar Mining (MAE-T) has gained a half-interest in the Hope Bay gold project in Nunavut from Cambiex Exploration (CBX-T).Miramar will act as operator during the feasibility and development phase, wh…


Laguna expands holdings

Laguna Gold (LGC-T) will issue 35 million shares and 4.9 million 3-year share purchase warrants (priced at US4 each) to acquire 2,550 sq. km in Mexico from Monrovia and 6,270 sq. km in Colombia from …


Due diligence under way at Canatuan

TVI Pacific (TVI-T) has completed a 5-hole drill program at its Canatuan polymetallic project in the Philippines.The best results from the recent program were obtained from hole 1, which returned 8.5 …


Melkior eyes iron deposit in West Africa

A letter agreement with the government of Ivory Coast sets the stage for Melkior Resources (MKR-M) to earn up to a half-interest in the Mount Klahoyo iron deposit in the West African nation.More than …


Pacific Rim expands Luicho target

Surface sampling by Pacific Rim Mining (PFG-T) has expanded the Luicho gold prospect in southern Peru.The company has collected 2,711 samples from a 250-metre-wide zone of north-southerly and northeas…


Teck eyes Potter mine property

A letter agreement with Millstream Mines (mlsm-c) sets the stage for diversifed producer Teck (tek-t) to acquire all or part of the Potter polymetallic property, near Timmins, Ont.Teck has agreed to p…


Bema finances Julietta project

Bema Gold (BGO-T) intends to raise $9.5 million in a private placement of 10 million special warrants priced at 95 each. A portion of the proceeds will be used to explore the 79%-owned Julietta gold-…


Kisladag project moves forward

With a site selection permit in hand, Eldorado Gold (ELD-T) is ready to begin environmental baseline studies at its Kisladag project in western Turkey.The permit, issued by the province of Usak, defin…



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