Volume 97 Number 7 Apr 4 - 10, 2011

Facilities at the past-producting Puffy Lake gold mine in Manitoba's Flin Flon greenstone belt, part of Auriga Gold's Maverick project. Photo by Auriga Gold

Auriga’s fresh take on an old mine

Auriga Gold (AIA-V) is putting its faith in Manitoba’s Flin Flon greenstone belt, as the company fast-tracks its Maverick gold project into production.

The plant at Tiger Resources' Kipoi copper project in the Democratic Republic of the Congo. Photo by Tiger Resources

Kipoi nears production

Tiger Resources (TGS-T, TGS-A) says commercial production will begin in April at its Kipoi copper project in the Democratic Republic of the Congo.

Happier days at Mediterranean Resources' Corak property in northeastern Turkey in 2007, from left: Peter Guest, then president and CEO; Ibrahim Guney, then and current general manager of Mediterranean's Turkish subsidiary Akdeniz Resources Madencilik; and Jag Sandhu, then vice-president of corporate development. Photo by Photo by John Cumming

Mediterranean shareholders force management shake-up

Dissident shareholders of Turkey-focused gold explorer Mediterranean Resources (MNR-T) appear to have forced the resignation of the company’s president and CEO, Peter Guest, aged 73. Newly appointed director Christopher Ecclestone of New York…

Guyana's Prime Minister Samuel Hinds (left) meets with Sandspring Resources' management. Photo by Sandspring Resources

Sandspring’s high hopes for Toroparu in Guyana

Sandspring Resources (SSP-V) envisions annual production from its Toroparu project in Guyana of 310,000 oz. gold and 29 million lbs. copper in the first four years of operations, provided it can first raise the US$617 million needed for mine…

Zambian smelting shortfall a concern, Lundin says

When Phil Wright recently lashed out against Equinox Minerals’ (EQN-T, EQN-A) hostile takeover bid for Lundin Mining (LUN-T) in a conference call, the chief executive cited the shortage of Zambian smelting capacity as yet another project risk…

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