The study of kimberlite indicator minerals in weathered kimberlite and unweathered glacial sediments at the C14 and Diamond Lake pipes (Kirkland Lake, Ont.) has revealed several relationships having i…
In 1987, a company was listed on the London Stock Exchange in order to carry out gold exploration in Venezuela. Since then, Monarch Resources has invested more than US$80 million in the country and go…
Results from the first two holes of a 10,000-metre drill program on Pangea Goldfields’ (TSE) Fenn-Gib property near Matheson, Ont., suggest excellent down-plunge continuity of the West Deformation zon…
Shareholders of Crew Natural Resources (VSE) have approved a corporate name change to South Crofty Holdings, as well as a consolidation of shares on a 2-for-1 basis. The name change reflects the compa…
Venezuelan Financial Affairs Secretary Luis Raul Matos has defended the strict economic measures taken recently to overcome the country’s financial crisis, saying the government was taking a “pragmati…
Major world diamond producer Russia produces about 95% of its diamond output from five mines. The country’s output has been falling for the past three years; analyst David Williamson Associates of Lon…
All six holes of a deep drilling program on the Mel zinc-lead-barite deposit in southeastern Yukon have intersected mineralization. International Barytex (VSE) is working to expand the Main zone resou…
The discovery of potentially economic kimberlite pipes in Canada’s North is being taken seriously by the world’s largest diamond organization, De Beers Consolidated Mines, and its marketing arm, the C…
From 1906 to 1943, this state was the world’s largest supplier of commercial-grade sapphires. Now, some 50 years later, with the commissioning of its first sapphire processing plant, American Gem (TSE…
Joint-venture partners Cliff Resources (TSE), Triad Minerals and Black Hill Minerals plan about 5,000 metres of small-diameter drilling this year on their Phillips Range diamond property in Western Au…
Prefeasibility work is confirming the potential of the Gaby gold porphyry joint venture in Ecuador, reports Ecuadorian Minerals (ASE). The company can earn a 35% interest in any oxide resource outline…
A second phase of drilling has been completed on the Choco-6 property in Venezuela’s El Callao district. Gold Vessel Resources (VSE) is earning a half interest in the property from a private Venezuela…
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