Briggs gets bigger for Canyon
Canyon Resources (CAU-X) has increased minable reserves at the Briggs gold mine, in southeastern California.Drilling has outlined mineralized material at two targets, the North Briggs and Goldtooth, a…
News
Power boon for Akrokeri-Ashanti
A switch to hydroelectric power from diesel is expected to improve the bottom line for junior gold producer Akrokeri-Ashanti Gold Mines (AAGM-C).The junior company operates a small gold mine in Ghana …
ODDS `N’ SODS/ROGER LAFRANCE — A hazardous exit
Rio Algom’s Quirke uranium mine was originally developed, along with the Panel mine and 10 other Elliot Lake operations, between 1955 and 1958.Back in the late 1950s, I was an underground worker at th…
Curator estimates 15-22 years for Boleo
Preliminary plans show that the Boleo copper-cobalt project in Baja California, Mexico, could generate annual profits of US$170 million at a production rate of 15,000 tonnes per day.International Cura…
Results leave Corriente cold
Partial drill results from the Chama project in Peru indicate the presence of widespread but low-grade mineralization for Corriente Resources (CTQ-T).Drill holes 1, 2, 3, 5 and 6 were drilled in the s…
Richmont to acquire Louvem
Rouyn-Noranda-based Richmont Mines (RIC-T) has made a bid to take over Montreal-based Louvem Mines (LOV-T).Richmont’s bid is by way of an exchange for all the issued and outstanding shares of Louvem M…
William looks to boost output — Hedging program enables junior company to almost double revenue
After a year of involvement in acquisitions and takeovers, William Resources (WIM-T) is turning its attention to improving gold production.”We are now focusing on operations,” President Stan Bharti to…
Mar-West, Curion explore in Honduras
reliminary drilling has returned potentially ore grade intercepts at the Sinter gold zone on the San Martin concession in central Honduras.The concession is held by Mar-West Resources (MSR-V) and Curi…
Northern Orion inks deal
The Argentine subsidiary of Northern Orion Explorations (NNO-T) has entered into an option agreement with the Latin American subsidiary of Mincorp on the project known as El Dorado.The agreement requi…
COMMENTARY — Pass the molybdenum, please
Metals generally regarded as essential for human health in trace amounts include iron, zinc, copper, manganese, chromium, molybdenum and selenium.These metals are essential because they form an integr…
DIAMPND PAGE — Monopros pulls kimberlite in N.W.T.
Monopros, the exploration arm of De Beers Consolidated Mines (DBRS-Q), has intersected kimberlite while drill-Testing a lake-based geophysical target in the southern portion of the AK property in the …
STOCK MARKETS — Vancouver composite drops below 1,000, ASE off as well — Mexican explorers Hemlock and Francisco fare well as El Misti Gold continues slide
The Vancouver Stock Exchange composite index lost 10.51 points over the report period ended June 3 to close at 990.08. The combined value of the Alberta Stock Exchange was also off, shedding 19.81 poi…