News

Wiens addresses London symposium

Continued support for the uranium industry depends on the public’s belief that the sector is committed to strict environmental protection standards, Saskatchewan’s environment minister said recently i…


Exploration and studies continue at Las Cristinas

Despite the recent disappointing results from Vengold’s (TSE) Oro Uno property in eastern Venezuela, Placer Dome (TSE) remains confident about the region and quietly continues work on its Las Cristina…


Success of Omai mine bodes well for Cambior

Montreal-based Cambior (TSE) has been the driving force behind getting the Omai gold mine in Guyana on stream. Omai, owned 65% by Cambior, 30% by Denver-based Golden Star Resources (TSE) and 5% by the…


Ivan mine operating in Chile

Toronto-based Minera Rayrock (TSE) is the latest Canadian company to produce copper in Chile. The Ivan mine, 40 km northeast of Antofagasta, is operating at about 50% capacity and is expected to reach…


De Beers increasing its Canadian presence

The discovery of potentially economic kimberlite pipes in Canada’s North is being taken seriously by the world’s largest diamond organization, De Beers Consolidated Mines, and its marketing arm, the C…


American Gem producing sapphires in Montana

From 1906 to 1943, this state was the world’s largest supplier of commercial-grade sapphires. Now, some 50 years later, with the commissioning of its first sapphire processing plant, American Gem (TSE…


Moneta completes Wounded Bull buy

Toronto-listed Moneta Porcupine Mines (TSE) has bought Wounded Bull Resources from Australian-based Pima Mining. Moneta has issued 2 million shares as part of a 2-staged payment to be completed no lat…


Greater Lenora Intersects Gold In Saskatchewan

Junior Greater Lenora Resources (TSE) has intersected several gold occurrences at the Goldfields project in northern Saskatchewan. In the area of the Box mine pit, almost all of the 24 holes drilled h…



Agnico companies buy Legacy shares

Affiliated companies Mentor Exploration and Development (TSE) and Long Shots have, through the open market, acquired almost 250,000 common shares of Legacy Explorations (CDN). Together with Agnico-Eag…


American Bullion drilling continues at Red Chris

A 60-hole program at the Red Chris porphyry copper-gold project, 10 km east of Iskut, B.C., is half-finished. American Bullion Minerals (VSE) holds an 80% interest while Teck (TSE) retains 20% (half o…


Minefinders acquires Mexican gold play

Minera Minefinders S.A. de C.V., a wholly owned subsidiary of Vancouver-listed Minefinders, has staked a 2,200-hectare gold property in Mexico’s Sonora state. Reconnaissance mapping and sampling on th…


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