Gold Fields Limited just published a report saying that net earnings for the June 2008 quarter of R843 million, compared with earnings of R1,248 million and R528 million for the March 2008 and the June 2007 quarters respectively. In US dollar terms net earnings for the June 2008 quarter were US$105 million,... Read more..
As it reported by the street.com wondering whether South Africa is mine out or not. it is also said that Diamonds aren’t forever. Just ask John J. Teeling, executive chairman of Dublin-based exploration company African Diamonds. During a panel discussion on mining and natural resources at the recent... Read more..
Coeur d’Alene Mines Corporation announced the promotions and appointments of key personnel in both its North and South American operations groups. This enhanced management structure is designed to provide each operation with additional oversight, experience, and resources in order to meet the Company’s... Read more..
SearchGold Resources Inc. provide additional technical details on the 400 km2 Arae-Gassel Gold Property located in northern Burkina Faso, West Africa, where it has an option to acquire 100% interest from Somika SARL. Recent compilation has highlighted the Inata-Kerboule shear as a major regional structure... Read more..
CityView Corporation Limited announces that Canzar Resources Limited, the Operator of the Nhefo and Luachisse diamond concessions in Angola, has engaged International Progress & Design of South Africa to supply Dense Medium Separator (DMS) mobile plants for installation at Nhefo. The combined plants... Read more..
Eastmain Resources Inc. announced that Les Mines Opinaca Ltee., a wholly-owned subsidiary of Goldcorp Inc., has elected to terminate its right to increase its interest by 6.67% in the Eleonore South project in favour of proceeding with future exploration as a joint venture. Eastmain will continue to... Read more..
Volta Resources Inc. report more significant copper-gold intercepts from the last drill holes of its 2008 diamond and reverse circulation (”RC”) drilling program at Volta’s Gaoua copper-gold porphyry project in southern Burkina Faso, West Africa. The latest drilling significantly expands... Read more..
Uranium Star Corp. announce it has identified a 21 kilometre trend that hosts significant amounts of vanadium on its Three Horses Property in Madagascar. This north-south trend almost stretches the entire length of the Property. The Company has since verified the existence of a third vanadium trend located... Read more..
IAMGOLD Corporation and Orezone Resources Inc. jointly announced that they have entered into a definitive arrangement agreement whereby IAMGOLD would acquire, via a plan of arrangement, all of the outstanding common shares of Orezone in a supported, all-share transaction. Total consideration is valued... Read more..
Great Basin Gold Ltd. announces that it has signed an agreement with Metallic Ventures Gold Inc, whereby the Company will purchase the Esmeralda processing plant (”Mill”) in Nevada, inclusive of the Esmeralda mine and infrastructure for US$2 million. The Company’s decision to purchase... Read more..