News

Voisey’s Bay sparks interest in Placentia, Nfld.

Settling Placentia when Toronto was trees, Basque fishermen described it as insulace corte realis, or “harbour within a womb of hills.” The depiction was apt. More than 100 years later, in the early 1600s, France and England fought for control of…


OntZinc buys HBM&S, becomes HudBay

Toronto-based junior company OntZinc (OTZ-V) has closed its purchase of Hudson Bay Mining & Smelting from South African mining house Anglo American (AAUK-Q) after completing large equity and debt financings.



Possible Stelco bailout

Sherritt International and its partners at the Ontario Teachers’ Pension Plan are offering a recapitalization plan to financially troubled steelmaker Stelco (S-T) , currently in bankruptcy p…




Mano River joins with Crown Diamonds

Vancouver — The Lion Kimberlite Dykes project in eastern Sierra Leone is expected to start producing in 2005, following a joint-venture agreement between Australian-listed diamond miner Crown Diamonds and U.K.-based Ma…


Partners size up Valentine Lake (January 03, 2005)

Following nearly 7,000 metres worth of drilling in 24 holes, partners Richmont Mines (RIC-T) and Mountain Lake Resources (MOA-V) have tabled an inferred resource figure for their Valentine Lake property, 55 km…


Afcan acquires rest of Mt. Kakoulima

Afcan (AFK-T) has bought the 47% interest it did not already own in the Mt. Kakoulima nickel-sulphide project in Guinea, West Africa, from Semafo (SMF-T).


Coeur d’Alene OKs San Bartolom

Idaho-based Coeur d’Alene Mines (CDE-N) has approved construction of a US$135-million mine at its San Bartolom silver project, near Potosi, Bolivia.


Lew Parres boards a float plane in northern Manitoba.

A. Lew Parres

A. Lew Parres, a Manitoba-based prospector who helped develop several of the province’s significant mineral discoveries, including in the Nor-Acme gold mine, has died. He was 89.


Geoscience awards up for grabs

The Prospectors & Developers Association of Canada is offering several awards, bursaries, and scholarships for undergraduate and graduate students enrolled in earth sciences at Canadian universities.


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