NEWS ROUNDUP — Minerex transaction is cancelled
A deal to purchase all the issued shares of Minerex Resources was recently cancelled. Cornucopia Resources (TSE) reached an agreement to purchase the shares from owner Canada Tungsten Mining (TSE) in …
A deal to purchase all the issued shares of Minerex Resources was recently cancelled. Cornucopia Resources (TSE) reached an agreement to purchase the shares from owner Canada Tungsten Mining (TSE) in …
The Canada Labour Relations Board says it may take some time to rule on issues related to a prolonged dispute at the Giant gold mine, on the northern shore of Great Slave Lake. The mine is owned by Ro…
A major resource of specialty metals and rare earths has been discovered in a wide fluorite-bearing vein in the southern Yukon by Dodgex, a private company in Whitehorse. Representative sampling of ou…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 16 Mar. 15 Mar. 12 Mar. 11 Mar. 10 Copper 1491-1492 1508-1509 1520-1521 1499-15…
The Porgera joint venture, in which Placer Dome (TSE) is a partner, has agreed to sell to the government of Papua New Guinea an additional 15% interest in the Porgera gold mine. The three partners in …
Initial step-out drilling at the Petaquilla property in Panama has increased preliminary reserve estimates to more than one billion tons. Adrian Resources (VSE) is drilling under an option to earn up …
A toxic gas leak in the Sudbury, Ont., area during the summer of 1990 has cost Falconbridge $180,000 in fines. The nickel-copper producer was convicted in a Sudbury court on six of nine counts under t…
Just emerging from a political crisis that saw its president, Fernando Collor, resign under accusations of corruption, Brazil is now concentrating on controlling its rampant inflation rate. But Collor…
The Centenario gold deposit announced last year is the first discovery made by Minera Hispaniola S.A., a company formed by joint venture partners Canyon Resources (NASDAQ) and Battle Mountain Gold (NY…
Vancouver-based junior Skyline Gold has agreed to acquire a 70% interest in a newly discovered polymetallic deposit in the eastern Sierra Madre mountains of northern Mexico. Mapping on the 4,300-acre …
For the first time this century, investors are openly challenging the monetary value of gold. Many have proclaimed that gold is just another commodity, void of any real currency value, and therefore i…
The diamond-staking rush in Alberta and northern Canada continues to draw crowds, as shown by strong attendance at a recent conference here in the oil and gas heartland. The Calgary Mineral Exploratio…
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