Southern Arc outlines wide zone
On one a tough day on the market for miners, Southern Arc Minerals (SA-V) defied the trend and made a solid gain on the back of its latest drill results.
Gold
More violence at Barrick’s North Mara
The problems continue for Barrick Gold (ABX-T, ABX-N) in Tanzania, only now the Toronto-based miner is slightly shielded by the company it spun the assets into – African Barrick Gold (ABG-L).
Upgrading to CIL positive for Hassai, La Mancha says (May 30, 2011)
La Mancha Resources’ (LMA-T) producing Hassai gold mine may be in the middle of the Red Sea Hills desert in northeastern Sudan, but upgrading its current heap-leach plant to carbon-in-leach technology still makes sense, a definitive feasibility…
Mawson advances Rompas despite Finnish bureaucracy (May 30, 2011)
Ranked the world’s fifth-best mining jurisdiction based on exploration potential and safety of investment in the Fraser Institute’s Annual Survey of Mining Companies for 2010/11, Finland is generally regarded by mining executives around the…
Rising Nevsun declares first dividend (May 30, 2011)
Nevsun Resources (NSU-T, NSU-X) has followed up a successful ramp-up to production at its 60%-owned Bisha polymetallic mine in Eritrea by declaring a modest first dividend.
Profits surge at Dundee Precious Metals (May 30, 2011)
With increased production and higher realized metals prices, Dundee Precious Metals (DPM-T) has managed to turn things around from where they were this time last year.
Two sides hunker down at RX Exploration
A battle is brewing in the boardroom of RX Exploration (RXE-V).
Orezone Gold to update Bombore resource by Q4
Infill drilling at Bombore, the largest undeveloped gold project in Burkina Faso, has yielded some positive results with grades about 65% higher than the resource model, Orezone Gold (ORE-T) reports.
NovaGold’s CEO chats about progress, George Soros
Vancouver – NovaGold Resources (NG-T, NG-N) held its first live broadcast of the company’s annual general meeting of shareholders on May 25, with long-time chief executive officer Rick Van Nieuwenhuyse providing a pleasing roundup of the…
Deseado Massif reveals more high grade discoveries (May 26, 2011)
Vancouver – Argentina’s Deseado Massif has seen concentrated precious metals exploration for close to twenty years, but junior explorers continue to demonstrate the area’s significant hidden potential.
Reko Diq to see a mining licence soon
The mining licence dispute for the sizable Reko Diq copper-gold project in Pakistan’s southwest Balochistan province seems to be coming to an end after much uncertainty.
Claude hits high grade gold
A high-grade intercept lifted Claude Resources’ (CRJ-T, CGR-X) shares on a day when the yellow metal itself was climbing high. With gold reaching the US$1,525 per oz. level, news of Claude’s intercept lifted the company’s shares by 3% or…