Volume 97 Number 18 Jun 20 - 26, 2011


Rio Novo Gold buys Toldafria in Colombia

After being lured away from a 25-year career in investment banking to take the helm of Rio Novo Gold (RN-T) and its two advanced-stage gold projects in Brazil, David Beatty was eager to find other equally promising gold projects in South…



Harry Winston to source polished diamond fund

Harry Winston Diamond (HW-T, HWD-N) has reached an exclusive agreement to source diamonds for a polished diamond investment fund to be set up by Zurich-based Diamond Asset Advisors.



Sabina to sell Hackett, turns to gold for growth

Nunavut-focused junior explorer Sabina Gold & Silver (SBB-T) is selling its 100%-owned Hackett River silver-zinc project, located near Bathurst Inlet in northern Nunavut, to Swiss mining powerhouse Xstrata (XTA-L).


Santa Cruz gov’t approves Extorre’s EIA for Cerro Moro

The provincial government of Santa Cruz in southern Argentina has approved the environmental impact assessment of the proposed Cerro Moro gold-silver mine, Extorre Gold Mines (XG-T, XG-X) reports, and the results of a prefeasibility study are…


A rig drills kimberlite CH-28 at Peregrine Diamonds and BHP Billiton's Chidliak diamond project on Baffin Island, Nunavut. Photo by Peregrine Diamonds

Chidliak flaunts four new kimberlites

During the ongoing 2011 diamond exploration program at the Chidliak project in Nunavut, joint-venture partners Peregrine Diamonds (PGD-T) and BHP Billiton (BHP-N, BLT-L) have already found another four new kimberlites: CH-52, CH-53, CH-54 and…


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