NioGold Mining said that it had discovered two new gold zones in the Marban Block area of its Malartic gold property in the Abitibi region of Quebec.
By Joel Scanlon
20 Sep 2011
Endeavour Mining said on Monday that it had discovered new gold deposits at the Youga gold mine in Burkina Faso during its drilling exploration. The company is already producing gold at the Youga mine in the West African nation.
By Joel Scanlon
20 Sep 2011
President Hugo Chavez has decided that Venezuela will ban the export of gold from the nation as part of the nationalization campaign which he began last month. The statement from the government published in the Official Gazette confirmed this stand.
By Joel Scanlon
20 Sep 2011
Stillwater Mining is planning to offer $300 million in senior notes to private investors to help fund its acquisition of Peregrine Metals. The offering is non-conditional on the completion of the acquisition of Peregrine Metals.
By Joel Scanlon
20 Sep 2011
Adamus Resources has revealed high-grade gold deposits below the current open pits of its Nzema gold project, through the drilling campaign.
By Joel Scanlon
20 Sep 2011
Jayden Resources has completed the expense requisites to secure a further 10% interest in the Silver Coin project to bring the ownership of the company to 80% interest.
By Joel Scanlon
20 Sep 2011
Amseco Exploration has reported the rock sampling assay results from the James Bay properties. The company has encountered below 30.72 g/t gold, < 6.14% copper, < 260 g/t silver, < 8.86% lead and < 3.12% zinc at the Yasinski property, which is situated 70 km to the south of the town of Radisson and < 11.7 g/t gold at Chika.
By Joel Scanlon
20 Sep 2011
Adventure Gold and RT Minerals (RTM) have updated on the deep drilling campaign conducted at the Meunier-144 property, which is located adjacent to the west border of Lake Shore Gold's (LSG) Timmins Mine property, Ontario.
By Joel Scanlon
20 Sep 2011
Pilot Gold has discovered fresh high-prospective targets at the Regent project in southwest Nevada through the 2011 primary exploration campaign results and moreover has substantiated the mineralization located at the significant resource region called Regent Hill.
By Joel Scanlon
20 Sep 2011
Hellix Ventures has reported gold in the soil sampling results from the Athabasca property, B.C. It has conducted this rock and soil sampling campaign for confirming the early results reported by the property’s former workers.
By Joel Scanlon
20 Sep 2011
Indian company GVK Power has bought a stake in Australian company Hancock Group for $1.26 billion. The Hancock Group is owned by Gina Rinehart and the Indian company is investing in it to secure energy supplies for its future power plants.
By Joel Scanlon
19 Sep 2011
The environmental group ‘Switch Off Coal’ is staging a protest at the Bacchus March located west of Melbourne. The conservation group is unhappy about the brown coal testing that Mantle Mining is conducting in the area. Testing began about two weeks ago.
By Joel Scanlon
19 Sep 2011
The New South Wales government announced that tough conditions have been placed on the renewal of two controversial licenses held by BHP Billiton and Shenhua Watermark in the Liverpool Plains region. The licenses expired February this year.
The Orissa state government has decided to ‘beef up’ the regulation of the mining industry in the state in response to the recent ban of iron ore mining by the Supreme Court of India in the state of Karnataka’s Bellary region. The state government has issued a notification for reducing environmental effects of iron ore mining in the Joda and Koira regions.
By Joel Scanlon
19 Sep 2011
Victoria Gold Corp. is to commence a drilling exploration program at the Mill Canyon Gold Project located in Nevada. The Mill Canyon Gold Project is right next to Barrick Gold's Cortez Hills and Pipeline gold mines. The exploratory program is to test one of several high quality targets on the 6,900 acre property.
By Joel Scanlon
19 Sep 2011