Tonnage and grade are up at the South African gold mines of Caledonia Mining (TSE).Proven and indicated reserves at the Eersteling gold mine are 746,380 tonnes at 6.71 grams gold per tonne, up from 13…
Toronto-listed junior Canarc Resource has undertaken an aggressive, 40-hole drill program at the Baramita property in Guyana.The 6,000-metre initiative is designed to test for gold prospects along a 1…
Members of the Northwest Mining Association (NWMA) gathered recently in this western city to attend the 101st annual meeting and speculate on the future direction of the mining industry.For many of th…
A proposed unit offering through an underwriting group will raise almost $70 million for Westmin Resources (TSE) and allow Brascan to sell its 35.9 million shares of the Vancouver-based mining and exp…
London Metal ExchangeSpot closing prices in $US per tonneDateDec. 12 Dec. 11Dec. 8 Dec. 7 Dec. 6Copper2955-2960 2994-29952965-29702978-29832970-2975Lead736-737 744-746740.5-742.5737.5-738…
A surface gold showing, discovered in October, is being drill-tested at the Horwood Twp. property of Morgain Minerals (VSE).Meanwhile, geophysical surveys have resulted in the discovery of an anomaly …
Exploration spending by Granges (TSE) is expected to total US$6.1 million next year.The company plans to spend US$2.5 million in Nevada and US$1.3 million in South America. A further US$2.3 million wi…
With cash flowing steadily from its Crofoot-Lewis mine and exploration plans taking shape in Nevada and South America, Granges (TSE) is “seriously undervalued.”So argues David Williamson Associates, a…
Oil and gas explorer and producer Alberta Energy announced plans for a buyout of Conwest Exploration (TSE), under which the merged company would sell Conwest’s mining and hydroelectric interests.Alber…
An agreement has been reached whereby shares of Chesbar Resources (ME) will be privately placed with Barrick Gold (TSE), and the proceeds used to fund exploration of Chesbar’s gold properties in easte…
Casmyn, which trades over the counter, has signed two option agreements for gold properties in south-central Zimbabwe.One of the deals was made with Zimbabwe-based Olympus Gold Mines, which owns a 690…
Two drills are working at the Weedy Lake property, northeast of La Ronge, Sask.Operator Tyler Resources (TSE) and Golden Rule Resources (TSE) have budgeted $572,000 for 5,545 metres of drilling.Previo…
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