Following a Venezuelan Appeal Court’s decision on a lawsuit regarding ownership of the Brisas property, shares of Gold Reserve (TSE) climbed to record 52-week highs. Shares were trading at $20.25 at p…
More than 550,000 acres of state land in Alaska will soon be open to claim-stakers. Governor Walter Hickel made the announcement at the annual convention of the Alaska Miners Association. The land has…
The end of the Cold War has ushered in a warmer, more hospitable investment climate for mining in Eastern Europe. Among the companies attracted to this new climate is Cambridge Mineral Consultants. Re…
Percussion drilling is expected to begin shortly on Bishop Resources International Exploration’s (CDN) Guadalupe gold property in northwestern Mexico. The program will focus on the Bentley Hill zone w…
Following trenching, sampling and assaying at its Cumaral gold project in northwestern Mexico, Aronos Multinational (CDN) says it has outlined sufficient tonnage and grade to warrant production. Amena…
Kaleeda Enterprises (ASE) has entered a 50-50 joint venture with mining consultants R.F. Fry & Associates (Pacific) to develop and operate three properties in northern Chile. Two of the projects are c…
Eden Roc Minerals (TSE) has identified three major gold anomalies on a portion of its Ivory Coast exploration concession. One such anomaly runs for 900 meters, twice the length of the anomaly that out…
Toronto-based Valdez Gold (ASE) has agreed to acquire two contiguous gold-mining claims in Mexico. Valdez will earn its interest in the Diana claims by paying US$2.3 million, of which US$1.9 million i…
Infill drilling at Manitoba’s Puffy Lake gold mine should be under way by January, reports Pioneer Metals (TSE). The mine, northeast of Flin Flon, has been closed since 1989 and Pioneer hopes to retur…
Manitoba is mining-friendly and open for business. That was the message of provincial Mines Minister Donald Orchard here at the 25th Annual Manitoba Mining, Minerals and Petroleum Convention. And to h…
Gold producer Hemlo Gold Mines (TSE) is looking to sell its 48% interest in Central Crude (TSE) and its 60% interest in the Eagle River gold project, near Wawa. The decision followed a review of Eagle…
Junior Spirit Lake Explorations (ME) has completed two of three previously announced private placements for a gross amount totaling $300,000. Proceeds will go toward exploring the LaSalle concession i…
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