Juniors consolidate stake in Portuguese project
International Vestor Resources (IVS-V) has completed an arrangement with joint-venture partners Redfern Resources (RFR-T) and Cumberland Resources (CBD-T) to increase its interest in the Aljustrel min…
News
Wheaton River repays funds for Golden Bear construction
With the 1998 mining program operating over budget and ahead of schedule, Wheaton River Minerals (WRM-T) has repaid funds borrowed last year to finance construction of the Golden Bear heap-leach mine …
World Wide puts Dornod project on hold
Weak uranium prices have prompted World Wide Minerals (WS-T) to place the Dornod project in Mongolia on hold.The project is owned by World Wide’s 58%-owned subsidiary, Central Asia Uranium Company (CA…
Rubicon cuts massive sulphides
Diamond drilling by Rubicon Minerals (RMX-V) has intersected massive sulphide mineralization at the Seal Bay property in northeastern Newfoundland. Two thousand metres were drilled in a 1-km-long-by-7…
Vista marks milestone at Hycroft
The Hycroft mine in northern Nevada has poured its one-millionth ounce, following the second straight quarter of record gold production.Vista Gold (VGZ-Z) reports that the mine cranked out 35,171 oz. …
DIAMOND PAGE — Condor drills Kikerk Lake
A 10-hole drill program is testing for potential kimberlite targets on the Kikerk Lake diamond project in the Northwest Territories, 500 km north of Yellowknife.The work is being managed by Condor Int…
Cream explores Kaslo silver property
Despite initial problems recovering drill core, Cream Minerals (CMA-V) is encoraged by the latest drill results at its Kaslo silver property in southeastern British Columbia.The junior completed eight…
Partners cut gold at Railroad
Drilling at the Railroad gold property in Nevada’s Carlin trend has returned encouraging results for partners Exploration Mirandor (MIQ-M) and Kinross Gold (K-T).Six holes drilled in the Elliot Ranch …
Rio Algom drills at Green Bay, Nfld.
Diamond drilling is testing two induced-polarization (IP) anomalies on the Green Bay base metal property, near Springdale in northern Newfoundland.The program is being carried out by Rio Algom (ROM-T)…
DIAMOND PAGE — Ashton unimpressed with Buffalo Hills sample
Disappointed by results from a mini-bulk sample, Ashton Mining of Canada (ACA-T) has suspended sampling work at kimberlite K-91 on the Buffalo Hills project in north-central Alberta.A 35.87-tonne samp…
Mishaps at Refugio mine spoil Bema’s second quarter
A production shortfall at the Refugio mine in northern Chile caused 50%-owner Bema Gold (BGO-T) to bleed more red ink in the second quarter.The Vancouver-based company tabled a loss of US$2.5 million …
Congo expropriates Banro’s Sakima gold project
The government of the Democratic Republic of the Congo (DRC) has taken advantage of the armed conflict in the eastern regions of the country to expropriate Banro Resource’s (BNRS-C) Sakima gold projec…