News



Meridian starts up El Pe-on in Chile

Reno, Nev.-based Meridian Gold (MDG-N) has begun mining its El Pe-on gold-silver deposit in northern Chile.The 2,000-tonne-per-day operation, constructed in 10 months, will combine open-pit and underg…


DIAMONDS — Nora to boost stake in Namibian venture

A $2-million private placement will enable Nora Exploration (NXI-M) to boost to 60% its interest in the Namibian gemstones concession, the second-largest offshore marine diamond concession in southern…



DIAMONDS — Caledonian seeks licence

Caledonian Pacific Minerals (CDN-V) has applied for exploration licences for 600 sq. km. in the Bingara diamond field of New South Wales, Australia, based on geophysical data compiled by the Departmen…


DIAMONDS — Newcomer picks up Kelsey Lake

London-based Redaurum (rrk-t) has signed an agreement to sell North America’s first diamond mine to McKenzie Bay International (MKBY-O).The company will transfer all the shares of its subsidiary, Diam…


No buyouts at Giant, Pamour

The union locals at the Giant and Pamour gold mines have decided not to pursue employee buyouts of the operations, part of the holdings of failed gold producer Royal Oak Mines.Local 4440 of the United…


DIAMONDS — Buffalo finds calling card

A recent sampling program by Buffalo Diamonds (BUFD-C) has unearthed more diamond indicator minerals at the Calling Lake and Vaarlaam properties, 50 km north of Athabasca, Alta.To date, the junior has…


DIAMOND PAGE — Ashton bullish on Star, Roundrock

Armed with encouraging results from summer sampling, Ashton Mining of Canada (ACA-T) says further work is warranted on its Star and Roundrock properties in the Northwest Territories.The 7,200-ha Star …


DIAMONDS — Partners release results

Partners Major General Resources (MGJ-V) and Ascot Resources (AOT-V) have released diamond recovery results from four holes at the Snowy Owl kimberlite pipe on Victoria Island in British Columbia.Acid…


El Callao starts feasibility

El Callao Mining (ECM-V) is one step closer to developing the Lo Increible gold property in southeastern Venezuela, following completion of geostatistical drilling of open-pit reserves.The 19-hole pro…


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