Helio Raising $5.3M For Tanzanian Drilling
VANCOUVER — A cashing-up Helio Resource (HRC-V, HELOF-O) is tentatively planning a 20,000-metre drill program at its SMP gold project in the Lupa Goldfields of Tanzania, says the company’s CEO, Richa…
Gold
Dynasty Readies Zuruma Plant
Dynasty Metals & Mining (DMM-T, DMMIF-O) has started commissioning its gold processing plant at Zaruma in southwestern Ecuador.
Rusoro Denied Appeal In Blocked Bid For Gold Reserve
VANCOUVER — The Ontario Superior Court of Justice has denied Rusoro Mining (RML-V, RMLFF-O) permission to appeal an injunction blocking its hostile takeover bid for Gold Reserve (GRZ-T, GRZ-X), handi…
Proposed ETFs Juice PGM Market
Dovetailing with the recent rebound in base metals, platinum and palladium prices posted six-month highs during the holiday-shortened, fourteenth trading week of the year. Since New Year’s Eve, platin…
Yukon-Nevada Sorts Out Jerritt Canyon Mess
After a year of addressing environmental and operational issues, Yukon-Nevada Gold (YNG-T) is finally able to restart milling at its Jerritt Canyon mine in northeastern Nevada’s Elko Cty.
Gold Prices To Fall: GFMS
While there were no startling revelations at a recent presentation of GFMS’s Gold Survey 2009, the precious metals consultancy that has been one of the most accurate forecasters of gold prices painted…
Exeter Defines Big Caspiche Resource
VANCOUVER– The initial resource estimate for Exeter Resource’s (XRC-V) Caspiche gold-copper project in Chile is in and it is big.
Miners Cast Wary Eye On Indonesia
Despite being home to some of the world’s more robust gold deposits, mining in Indonesia is in a state of upheaval.
Lydian Reports First Resource At Amulsar
Lydian International (LYD-T, LYDIF-O) has defined an inferred resource at its Amulsar property in Armenia in one field season.
Gammon Gold’s Next 3 Years
Gammon Gold (GAM-T, GRS-N) may have failed in its attempt to acquire Capital Gold (CGC-T, CGLD-O) and its coveted El Chanate gold mine in Sonora, Mexico, late last month, but it isn’t crying in its be…
Glen Eagle to buy 45% stake in Kinbauri’s Spanish assets
Vancouver – Kinbauri Gold (KNB-V, KINBF-O) looks to have taken the first step towards funding its El Valle and Carl…
More delays for DRC’s big miners
Miners hoping for an end to the protracted mining revision process in the Democratic Republic of Congo (DRC) will h…