News

Exploration efforts pick up steam in Argentine camp

A volcanogenic massive sulphide prospect in Argentina’s Tierra del Fuego district appears to have captured the interest of Noranda Minerals. The company, a unit of Noranda (TSE), has secured rights to…


William offers $3m for Velardena stake

Montreal-listed William Resources intends to acquire a 40% interest in BLM Minera Mexican. The acquisition would result in William owning 80% of BLM Minera and the Velardena silver-gold project in Mex…


Imperial, Bethlehem plan merger

Two Toronto-listed juniors, Bethlehem Resources and Imperial Metals, plan to join forces in order to develop potential properties. The merged company would initially focus on Imperial’s Mt. Polley cop…


Patrician adds to Ghanaian holdings

Alberta-listed Patrician Gold Mines is acquiring two additional gold exploration properties in Ghana. As a result, the junior will hold three concessions in the West African country, covering 150 sq. …


Metall to explore Joutel property

Base metal miner Metall Mining (TSE) will earn a 70% interest in Joutel Resources’ (TSE) Joutel copper project in northwestern Quebec. The 26-claim property hosts the Joutel copper deposit, which oper…


Platinum demand rising but surplus to remain

World demand for platinum will rise by 7% this year to a new peak of 4.3 million oz., but it will not be sufficient to overcome the supply. The prediction was made by metals dealer Johnson Matthey, wh…


Adex tests Blackheart zone

As part of its option to earn a 60% interest in the Potts Falls gold project in Guyana, Adex Mining (TSE) has performed surface exploration on the Blackheart zone. Infill and deep auger sampling have …


Development plans for Michigan deposit

A joint venture has been formed between Great Lakes Minerals (TSE) and Brookline Minerals (VSE) to bring the former’s 543-S copper property into production. Situated in Michigan’s Keweenaw Peninsula, …


More gold produced at Siwash

Siwash North will probably never make the top-ten list of Canadian gold mines, but the British Columbian operation is proving to be a jewel box for owner Fairfield Minerals (TSE). Situated near Merrit…


Tri Origin active in Australia, Ontario

Having many projects at various stages of exploration and within diverse geological terrains is one way that junior companies can reduce the risks involved with mineral exploration. It is a strategy b…


Fortune encouraged at Yellowknife play

Mapping and sampling on Fortune Mineral’s (CDN) polymetallic NICO claim group northwest of Yellowknife, N.W.T., has yielded significant results. Mapping traced the No. 1 zone for 300 metres along stri…


EDITORIAL PAGE — What’s ahead for cobalt?

The recent increase in cobalt prices to more than US$26 per lb. is good news for producers, some of whom have already responded to current tightness by expanding production. And further down the road,…


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