Black Hawk Mining to put Redstone on hold
Preferring to sell at higher prices, Black Hawk Mining (TSE) has delayed production at its Redstone nickel deposit in northeastern Ontario. The mine will be closed until the nickel market improves.The…
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Troymin and partners begin exploring in Saskatchewan
Alberta-listed Troymin Resources reports that two joint-venture partners have begun exploring two of its properties in Saskatchewan.Aur Resources has launched a 9-hole, 1,300-metre drill program on Tr…
Etruscan moving to feasibility on Koma Bangou
The recent coup d’tat in Niger has not prevented Etruscan Enterprises (VSE) from advancing to the feasibility stage at its Koma Bangou gold project.Work on the 170-sq.-km project is proceeding smooth…
African Mineral Resources ups its interest in MDDZ
Privately owned African Mineral Resources (AMRI) and joint-venture partner Mines D’or du Zaire (MDDZ) have bought an additional 64% interest in Societe Zairoise Minere et Industrielle due Kivu (SOMINK…
Bresea enters joint ventures
The pace of land acquisition in Indonesia appears to be picking up, as more and more Canadian companies strike deals in this latest hot spot of exploration.One company, Bresea Resources (ME), recently…
International trend evident at 13th Cordilleran Roundup
The annual Cordilleran Geology and Exploration Roundup in Vancouver once again featured an international session, reflecting what is now seen as a permanent change in focus for the Canadian mining ind…
BHP, Northern Orion find copper-gold-moly resource in Argentina
After only one year of exploration, the Agua Rica project in the Argentine province of Catamarca is emerging as a copper-gold-molybdenum deposit of immense proportion.The property is held under option…
Soquem, Tiomin work North Shore
The Annic joint venture, an equal partnership between Tiomin Resources (ME) and Quebec Crown corporation Soquem, has acquired 53 sq. km on the North Shore of the Gulf of St. Lawrence in Quebec.The joi…
KWG backs Cuban project of Joutel
Toronto-listed KWG Resources will buy 8 million units of Joutel Resources (TSE) at 40 cents per unit, for proceeds of $3.2 million.Each unit in the private placement consists of one subordinate voting…
Alta discovers more gold at Kinsley mine in Nevada
Not only has drilling confirmed the existence of more gold at the Kinsley mine of Alta Gold (NASDAQ); the new mineralized system may represent the most significant gold find in eastern Nevada in recen…
Armistice private placement approved
Armistice Resources (ME) has completed a private placement of flow-through shares, raising $810,000 for exploration drilling and development at its Sheldon-Larder gold property east of Kirkland Lake, …
Minorca Res. gets two CoWs
Minorca Resources (ME) will join with Indonesian-based PT Askatindo Karya Mineral to develop properties held by the latter in that country.Two of the Contracts of Work are on the island of Kalimantan,…