The Toronto Stock Exchange 300 index climbed a modest 0.3% during the report period July 15-21 to finish at 7,409.43. The gold and precious metals sub-index rose 71.14 points to 5,939.03, while the me…
Record production and earnings made for a profitable second quarter for Stillwater Mining (SWC-X), though its hedging policy kept the company from reaching the maximum value of its namesake platinum-p…
Southern Africa Minerals (SAF-T) has recovered microdiamonds from its wholly owned Mosomane property in Botswana.Three micros were recovered from a 43.5-kg sample taken from a trench dug about 7 metre…
Kazakhstan Minerals (KMC.U.-T) and a subsidiary of Broken Hill Proprietary (BHP-N) have concluded terms granting the latter an option to explore the Agadyr licence in central Kazakstan.The licence, wh…
Boliden (BOL-T) has passed a development milestone by producing the first copper cathode at the Lomas Bayas mine in northern Chile.The US$244-million Lomas Bayas project, one the key assets acquired b…
Samax Gold (SMX-T) has intersected what it describes as significant gold mineralization at its 85%-owned Mougongo prospect in Congo.Drill hole 4 cut 28.5 metres grading 3.7 grams of the yellow metal (…
Toronto-based Tiomin Resources (TIO-T) expects to raise $1 million through a private placement of 2 million shares priced at 50cents each.The company is preparing to begin a feasibility study at its K…
Ongoing drilling at the Itetemia gold property in the Victoria Lake gold district in Tanzania has confirmed the volcanogenic nature of mineralization.Tan Range Exploration (TNX-A) reports that five co…
Arizona Star Resource AZS-V) will acquire control of the Cenizas gold project in northern Chile from Fremont Gold (FGLD-O) and Rio Tinto (RTP-N).Situated 175 km southeast of Antofagasta, the 13,259-ha…
Vancouver-based Poplar Resources (PPX-V) has branched into South Africa by acquiring a 45% interest in Savannah Diamondfields, the main assests of which are the Aardvark and Barkly West diamond projec…
The past-producing Magino gold mine near Wawa, Ont., has the potential to become an economic heap-leach operation, says Irwin Miller, president of Golden Goose Resources (GGR-T).But Miller’s opinion i…
Encouraging gold values have been intersected in a drill program at the Converse joint venture in Nevada’s Battle Mountain trend.The project is operated by Uranerz USA, which has a 25% interest. Newmo…
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