British Columbia gold producer Prime Resources Group (PRU-T) has bucked the industry trend and posted a profit for the first quarter.With record production of 164,860 oz. gold-equivalent, Prime earned…
Calgary-based Nebex Resources (NBX-T) is encouraged by results from the first hole drilled on its Munelle polymetallic deposit in north-central Albania.Late last year, the company received government …
Record gold production and higher revenues were not enough to keep Eden Roc Mineral (EDN-T) out of the red in 1997.For the year ended Dec. 31, the Toronto-based company lost $15.4 million on revenue o…
Russia’s Vneshtorg Bank will provide backing to Armada Gold (AAU-T) in the form of a gold sales commission agreement, paving the way for development of the Baley gold project in southeastern Siberia.T…
LatinGold (LAT-T) has signed an agreement with a private firm to earn a 60% interest in two silver-gold properties in Mexico’s Guanajuato state.LatinGold can earn its interest in two stages, each of w…
Abacus MineralsAber ResourcesAbitibi MiningAfrican Selection MiningAGC Americas GoldAlhambra ResourcesAlpha GoldAmax GoldAmerican Bullion MineralsAnglo AmericanAntares MiningAnzex ResourcesArizona Sta…
The state of British Columbia’s mineral exploration industry has yet to show signs of recovery.According to the British Columbia Geological Survey, exploration expenditures in the province declined by…
A tailings dam failure at the Los Frailes mine, about 30 km northwest of Sevilla, Spain, has flooded a large area of farmland, and Spanish authorities are considering pressing charges.The mine, owned …
Eastfield Resources (ETF-V) and partner Ascot Resources (AOT-V) believe an early-stage, grassroots copper-molybdenum discovery in the Babine Lake area of central British Columbia could have the making…
Now that Kennecott Canada Exploration has joined the exploration play in northern Saskatchewan, investors are showing renewed interest in the properties held there by JNR Resources (JNN-V).In February…
When Ottawa-based junior Orezone Resources (ORZ-T) took on a gold exploration property in southwestern Burkina Faso, it had no clear idea where to find gold. But on top of that, it didn’t even know wh…
The Cigar Lake uranium project in northern Saskatchewan’s Athabasca Basin — a joint-venture held 48.7% by Cameco (CCO-T) and 36.4% by French-owned Cogema Resources — has received conditional approva…
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