Russia will not start exporting platinum group metals (PGMs) “before the end of the summer,” a state-owned foreign trade company has told Interfax News Agency. The country is the world’s largest palla…
The deadline for the planned purchase of the Mineral Hill gold mine in Montana by Tyranex Gold (TXGI-O) has been extended.Tyranex now has until August 31 to come up with the US$19 million required to …
Junior Canaco Mining Resources (CNK-M) plans to acquire an undisclosed number of properties in Newfoundland from a private company in exchange for 50 million shares.The transaction will be put to a sh…
Five of six holes sunk by Murgor Resources (MUG-M) at its Windfall property in northwestern Quebec have returned gold mineralization.Drilling on the 5,228-ha property, a joint venture with Freewest Re…
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Junior Orvana Minerals (ORV-T) has nearly completed a diamond drilling program at its Don Mario copper-gold property in eastern Bolivia.Over 82% of the planned 6,100 metres has now been drilled, with …
Asuncion Mita, Guatemala — Canadian junior Mar-West Resources (MSR-V) has made a potentially significant gold discovery at the Cerro Blanco hot spring gold prospect in southeastern Guatemala.Based on…
Apex Silver Mines (SIL-X) and Excellon Resources (EXN-V) have signed a letter of intent to acquire the Platosa property in Mexico’s Durango state.While formal terms of the agreement have not been disc…
Delineation drilling on the Jean and Gobele deposits in Guinea, West Africa, continues to return healthy gold grades for Semafo (SMF-T).Results from recent drilling on the Jean A zone include 13 metre…
Fremont Gold (fgld-o) has renegotiated the terms of its acquisition of the Laja gold property in central Chile’s Andacollo district.The terms, agreed to by Fremont and the local property owners in a l…
High production costs and a low gold price have caught up with Philex Gold (PGI-T), which has posted a $3.1-million loss for the quarter ended March 31.The company, which recorded a profit of US$2.6 m…
A geochemical program by Western Pacific Mining Exploration (WPC-M) has led to the discovery of a new gold showing on the island of Fauro, Solomon Islands.Eight grab samples from the showing, dubbed B…
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