News

Andrew Buxton appointed director.

Kenneth Baird appointed president and chief executive officer.

Thomas Kelly appointed president and chief operating officer.

The success of junior mining companies in Canada and Australia has not gone unnoticed by the African National Congress (ANC), the ruling party of South Africa. Nor does ANC appear to be unaware of the…

Analyst David Williamson in London ponders the ups and downs of the market in a recent edition of his “International Mining Review” newsletter: Recently, I have been focusing on the values that the ma…

The right to earn a half interest in an Argentine exploration company gives Viceroy Resources (TSE) a valuable foothold in that country. Viceroy can gain its stake in Minas Argentinas by spending US$3…

Junior diamond explorer Golconda Resources (ASE) has extended the deadline by which BHP Minerals International Exploration can enter a joint venture and earn a 51% interest in Golconda’s Idaho diamond…

Shareholders of Dentonia Resources (VSE) have approved a poison pill which they will swallow in the event of an unsolicited takeover bid. Under the new shareholder rights protection plan, a “permitted…

Hoping to take advantage of the developing infrastructure near Nicholas Lake, N.W.T., partners GMD Resource (VSE) and privately owned New Discovery Mines are gearing up to begin an exploration program…

Diversified industrial company First Mississippi has posted its highest earnings since 1981. The accomplishment is partly due to higher gold prices and gold production reported by its 81.4%-owned subs…

London Metal Exchange Spot closing prices in $US per tonne Date Jan. 3 Jan. 2 Dec. 30 Dec. 29 Dec. 28 Copper 3039-3040 N/A 3039-3040 3016-3017 3014-3015 Lead 650-651 N/A 650-651 649-650 643.5-644.5 Zi…

Additional drilling is planned on the Bru-Lovie gold project in Crescent Valley, Nevada. Consolidated Ramrod Gold (TSE) has drilled eight offset holes to test mineralization around hole CB94-2, which …