Asia

Drillers at the Imwauna gold target at PNG Gold's Normanby gold project in Papua New Guinea. Source: PNG Gold

PNG Gold hits high grade

VANCOUVER — Every time drills probe the main Imwauna vein system at PNG Gold’s (TSXV: PGK; US-OTC: ISRJF) Normanby project in Papua New Guinea, they return high-grade gold from a steeply dipping structure that is narrow but easy to…



Strong economics for the Agata DSO project

Mindoro Resources (TSXV: MIO; ASX: MDO) and TVI Pacific (TSX: TVI) have something to be happy about after a feasibility study on their Agata nickel-laterite project in the Philippines returned encouraging results for a high-iron laterite direct…



Eldorado sees promising exploration results

Eldorado Gold (TSX: ELD; NYSE: EGO) has been keeping busy, with 106,500 metres drilled so far this year at its mine sites and exploration targets in China, Turkey, Brazil, Romania and Greece.


Trucks moving material at Turquoise Hill Resources' Oyu Tolgoi copper-gold project in Mongolia.  Source: Turquoise Hill Resources

Turquoise Hill posts Q2, updates Oyu Tolgoi

Speaking on a conference call in mid-August from Ulaanbaatar, CEO Kay Priestly of Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) confirmed that development of the Oyu Tolgoi underground copper-gold mine was being delayed until matters including…


The processing plant at OceanaGold's Didipio mine in the Philippines. Source: OceanaGold

OceanaGold’s Didipio mine starts strong

Commercial production began in April at OceanaGold’s (TSX: OGC) Didipio mine in the Philippines, and in the second quarter the mine churned out 13,676 oz. gold and 5,710 tonnes copper. For the first six months of the year Didipio’s…


A drill rig  at Powertech Uranium's Aladdin project in northeast Wyoming (2007). Source: Powertech Uranium

Azarga takes stake in Powertech

Azarga Resources, a Hong Kong-based private uranium investment firm founded by mining executive Andrew Molyneux, has bought 17.5% of Powertech Uranium’s (TSX: PWE; US-OTC: PWURF) outstanding shares and agreed to take a 60% stake in the…




The construction camp at Sherritt's Ambatovy joint venture project in Madagascar (2009). Source: Sherritt

Sherritt lands in the red in Q2

Sherritt International (TSX: S; US-OTC: SHERF) reported a second-quarter net loss of $10.7 million, or 4¢ a share, falling below earnings of $40.8 million, or 14¢ a share, a year ago.



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