Virginia Mines, Canadian Royalties and Azimut Exploration are participating in the Fonds Explor-Action Nunavik (FRAN), which was created to rehabilitate mineral exploration sites in Northern Quebec that have been abandoned for several decades. FRAN is a partnership between the Quebec Government, the mining industry and the Inuit community. The fund will allow, starting this year, the cleanup and […]

Nautilus Minerals continues to cross new technological frontiers, below the ocean. In  another significant development in its seafloor massive sulphide exploration program it has undertaken the world’s first commercial seafloor electromagnetic (EM) survey of copper-gold massive sulphide deposits. A total of 52 line-km of EM data were recently acquired from a Remotely Operated Vehicle (ROV) operating in […]

Patrick Anderson, President & CEO of Aurelian Resources reports that “a very constructive mining forum took place earlier this week in Ecuador. This event confirmed our impression of the Ministry of Mines and Petroleum under the new Minister, Galo Chiriboga, which we are finding to be balanced, consistent and pragmatic. In a press interview last week, Chiriboga came […]

Intrepid Mines and Emperor Mines have signed an agreement to merge the two companies. The new company, to be named Intrepid Mines, will be an international gold producer, developer and explorer listed on both the TSX and ASX. The companies say “the combination of Emperor’s balance sheet strength, Intrepid’s producing Paulsens gold mine and its […]

Barrick Gold has challenged scientists worldwide, offering $10 million to anyone who can unlock the silver from the ore at its Veladero gold mine in Argentina. Barrick’s Unlock the Value program invites scientists, engineers and other inventors to solve a scientific conundrum. Geologists have determined there are 180 Moz of silver contained in gold reserves […]

Petra Diamonds has entered into a conditional agreement with De Beers Consolidated Mines to acquire the mining and associated assets previously used by De Beers in the operation of the Kimberley Underground diamond mines, which are situated near Kimberley, South Africa. Petra is to acquire the mining and associated assets of the Wesselton, Du Toitspan and […]