Linear cuts new gold at Ixhuatan
An initial pair of holes collared some 450 metres southwest of the Campamento gold deposit on the Ixhuatan project,…
Gold
Red Lake, Campbell see layoffs (May 26, 2006)
Goldcorp (G-T, GG-N) has started staff reductions at the Red Lake and Campbell mines in Balmertown, Ont., beginning…
Nautilus samples deep-sea deposits (May 25, 2006)
Vancouver – Ocean-floor explorer Nautilus Minerals (NUS-V, NUSMF-O) has returned high-grade copper-gold values from…
Miramar drill results from Hope Bay
Miramar Mining (MAE-T, MNG-X) issued its first results from the 2006 exploration program at its Hope Bay Project in…
New Gold hits deeper mineralization at Afton (May 25, 2006)
Vancouver – Underground drilling by New Gold (NGD-T, NGD-X) on its New Afton copper-gold deposit, just west of Kaml…
Cornerstone-Coastport cut high-grade massive sulphides at La Plata
Vancouver – This year’s initial step-out drill hole by joint venture partners Cornerstone Capital Resources (CGP-V,…
Lake Shore to head underground at Timmins West, Vogel
As part of its pre-feasibility study on the Timmins West gold project, Lake Shore Gold (LSG-T) plans to do undergro…
Aurizon appoints committee to review Northgate bid
Vancouver – Aurizon Mines (ARZ-T, AZK-X) has appointed a special committee of directors to review and evaluate an …
Editorial: Mongolian government betrays Western miners
Mid-May saw the executives of the West’s mining and mineral exploration companies mentally move Mongolia from the “…
Nevada-focused Columbus Gold launches IPO
Vancouver — Closure of its $5-million initial public offering (IPO) has Columbus Gold (CGT-V) ready to hit the tra…
Mongolia drops tax bombshell
Vancouver — From left field, and late on a Friday night, Mongolia’s parliament shocked Western mineral explorers by passing a windfall profit tax, which calls for a 68% levy on copper and gold operat…
Highland Gold does turnaround at Mnogovershinoye (May 22, 2006)
The year 2005 ended with a financial loss for London-based Highland Gold Mining (HGHGF-O, HGM-L) but a turnaround in production at its mainstay Mnogovershinoye mine in the Khabarovsk region of Russia’…