The government of Namibia has granted Namibian Minerals (NMR-T) a diamond mining licence for the Koichab prospect, which forms part of the company’s Luderitz Bay grant.The offshore mining company, als…
Africa, diamonds and mercenaries are words that fire the imagination and inspire adventure novels. Put them together and you have the makings of a television documentary that delivers something out of…
Base metal miner Cominco (CLT-T) has purchased 4.1 million shares of Anvil Range Mining (ARO-T) at $2.30 per share through a recent private placement.Gross proceeds of $9.4 million were paid to Anvil …
Montreal-based KWG Resources (KWG-T) can earn up to an 80% interest in seven gold properties held by Buccaneer Mining in the Magadan region of Far Eastern Russia.The agreement also covers three Russia…
Determined to become a bigger player in Kalimantan, Indonesia, junior gold explorer International Pursuit (IPJ-T) is attempting a takeover of its partner, Dayak Goldfields (DAYK-C).Pursuit has offered…
Quebec City-based Virginia Gold Mines (VIA-M) has discovered a new zone of gold mineralization at its Auclair property, in the James Bay area of northern Quebec.The zone is hosted in iron formation an…
Rouyn-Noranda, Que.-based Coleraine Mining Resources (CRI-M) has received encouraging drill results from its Perron gold project in the northern Abitibi belt in Quebec.Hole 2 intersected 2.2 metres (f…
In an attempt to eliminate red tape and attract investment in Ontario’s mining sector, the Ministry of Northern Development and Mines has revised the province’s Mining Act.The revisions, which the gov…
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Drill results from the Stone Boy gold property have triggered increased interest in the Fairbanks district of Alaska.The drill program, which returned a 10.4-metre intersection grading 31.8 grams gold…
After several years of false starts, the historic Bralorne gold mine near Vancouver, B.C., is scheduled to reopen in mid-March.The mine operated from 1916 to 1971, but low gold prices forced its closu…
At the Jericho project in the Northwest Territories, diamond explorers Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have begun processing a bulk sample of the land-based JD/OD-1 kimberlite…
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