News

Arequipa enlarges surface area of gold zone

Test-pitting at the Pierina property in the northern Peruvian province of Ancash has enlarged the surface area of a potential ore-grade gold zone.In a second phase of sampling, Arequipa Resources (TSE…


Castle Mountain continues profitability

The Castle Mountain open-pit, heap-leach mine and mill in San Bernardino Cty., Calif., continue to pump out cash for Viceroy Resources (TSE) and MK Fold (NASDAQ), 75-25 owners of the project. The mine…


Yanacocha mine pours millionth oz. of gold

Newmont Gold (NYSE) and its partners at Minera Yanacocha in Peru have poured their one-millionth ounce of the yellow metal.The open-pit, heap-leach mine, 375 miles north of Lima, started up in August …


Construction nears end at Moris gold mine

The Moris gold mine in the Mexican state of Chihuahua is scheduled to enter production by the end of February.Manhattan Minerals (VSE) is putting the finishing touches on its newly constructed open-pi…


Bresea enters joint ventures

The pace of land acquisition in Indonesia appears to be picking up, as more and more Canadian companies strike deals in this latest hot spot of exploration.One company, Bresea Resources (ME), recently…


Newminex drills Newfoundland base metal property

Newfoundland Mining & Exploration (or Newminex) has hit base-metal mineralization in three of seven holes drilled at its property near past-producing mines in central Newfoundland.Results from the thr…


Cuban drilling yields results for MacDonald

Assays of the latest drill holes at the Golden Hill project in east-central Cuba reveal strong gold mineralization.Half the project is owned jointly by MacDonald Mines Exploration (ASE) and Golden Hil…



Ont. geologists seek registration

Ontario’s association of professional engineers has formed a task force with a group of geologists to bring about professional registration for geologists.Professional Engineers Ontario (PEO) has invi…





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