Silver steps up as gold wanes
There has been a remarkable new development in precious metals in the new year, with silver sales in January outpacing gold sales in absolute dollar terms in several markets such as U.S. Silver Eagle coin purchases.
Silver
Primero Mining has big plans for San Dimas
Before he stepped down a year ago as president and chief executive of Iamgold (IMG-T), Joseph Conway successfully transformed the company from a $50 million joint-venture player to a $6 billion leading intermediate gold producer. Now the mining…
TECSUR to build Trevali’s power transmission line
Trevali Renewable Energy, a wholly owned subsidiary of Trevali Resources (tv-t), has awarded Peru-based TECSUR a contract to build the power transmission line from its Santander silver-lead-zinc mine to the Peruvian national grid, Sistema…
Fredonia looks good to Eaglecrest
Eaglecrest Explorations (eel-v) turned in some interesting results from a first-pass sampling program at its Fredonia gold project in Colombia. The highlight assay returned 8.25 grams gold per tonne and 47.5 grams silver per tonne and came from…
Mirasol delivers spectacular silver hits
Results for the remaining 21 holes completed during a first pass of drilling on the Julia vein target confirm Mirasol Resources (mrz-v) has made a significant high-grade silver discovery at its wholly owned Virginia project in Argentina’s Santa…
Tarsis gets new porphyry prospect in Yukon
If you ask Marc Blythe, president and chief executive of Tarsis Resources (tcc-v), there aren’t many companies like his that are looking for new projects in the Yukon. “There are probably only one or two publicly listed companies looking for…
Silver Quest grabs the Bouvette property
Investors snapped to attention when drilling at the Tiger zone in the middle of Atac Resources’ (atc-v) Rau gold property in the Yukon started yielding intercepts of 38.8 metres of 17.1 grams gold per tonne from 33 metres depth, 32.6 metres…
Aldridge likes what it sees at Papua New Guinea discovery
When Aldridge Minerals (AGM-V) acquired a 450 sq. km license in Papua New Guinea in February 2009, it fielded three requests from majors to joint-venture the property even before any samples were taken.
Rockgate boots grade and tonnage at Falea
Vancouver – Rockgate Capital (RGT-T) has significantly boosted the size and grade of the uranium and silver resource in its Falea project in southwest Mali with a resource update.
Sunridge posts strong assay results in Eritrea
Sunridge Gold (SGC-T) has released assays from the first four of 35 holes drilled to define the Debarwa copper-gold-zinc VMS (volcanogenic massive sulphide) deposit at its Asmara project in Eritrea.
Canaco Resources explores Ethiopia (January 19, 2011)
Canaco Resources (CAN-V) may be best known for its Magambazi gold discovery in the Handeni district of eastern Tanzania, where in late December drill results yielded intercepts of 53.2 metres of 9.51 grams gold per tonne and 17.4 metres of 6.1…
Nautilus secures deep-sea mining lease (January 18, 2011)
Vancouver – A pioneering deep-sea mining operation is a big step closer to reality after Papua New Guinea granted a mining lease to Nautilus Minerals (NUS-T) for its Solwara 1 project in the Bismarck Sea.