Arizona Star receives funding
A brokered private placement will enable Arizona Star Resource (VSE) to fund additional exploration on the Aldebaran gold property in Chile. The placement totals 1.5 million units at 60 cents per unit…
News
PDAC convention acquires an international flavor
With so many Canadian companies active in Latin America and other foreign locales, this year’s convention of the Prospectors and Developers Association of Canada (PDAC) had a distinctly international …
Guigues Twp. pipe yields macro diamond for KWG
Montreal-based KWG Resources (ME) has recovered a small macrodiamond from its kimberlite pipe in Guigues Twp., near Notre-Dame-du-Nord, Que. The colorless diamond, measuring 2x1x0.5 mm, was extracted …
Pegasus plans third phase of program at Talapoosa
Gold miner Pegasus Gold (TSE) plans to enter phase three of work at the Talapoosa property in Lyon Cty., Nev. It is earning a 70% interest in Talapoosa from Athena Gold (VSE) by making payments totali…
Commission seeks Westray documents
The commission probing the fatal Westray mine explosion in Nova Scotia wants the federal government to release all documents pertaining to the mine. The commission warns it is prepared to take the mat…
Newfoundland alters mining tax law
Newfoundland and Labrador have changed their mining tax policy to encourage investment. Provincial corporate taxes will now be creditable against mining taxes for a mine’s first 10 operating years. Al…
Tri Origin resumes drilling
A 2,000-metre program is under way at the Lewis Ponds polymetallic prospect in Australia, reports Tri Origin Exploration (TSE). The drilling is intended to expand a known inventory of 1.5 million tonn…
ODDS’N’SODS — High-stakes poker games one cure for cabin
The isolation of many mining camps can affect workers in various ways. Over the years, and at numerous operations, I have observed that the poker game is most likely to occupy idle miners. At times, t…
Etruscan to test Hackett property
A $500,000 private placement by Etruscan Enterprises (VSE) will be used to explore its Hackett River property, 160 km northeast of Lac de Gras, N.W.T. The placement consists of 320,513 shares at a pri…
EDITORIAL PAGE — Well-deserved honor
It came as absolutely no surprise that Dia Met Minerals’ Charles Fipke was crowned Prospector of the Year at the annual convention of the Prospectors and Developers Association of Canada. He was the h…
Safety program tested at Cluff Lake
Workers at Cogema Canada’s Cluff Lake uranium mine in northern Saskatchewan are the first in Canada to use a training program in radiation protection. Designed at the Canadian Institute for Radiation …
LATIN AMERICA ROUNDUP — Orvana raises exploration funds
Proceeds of $1.3 million were raised by Orvana Minerals (TSE) from the sale of two million shares to Goldcorp (TSE) of Toronto. Goldcorp owns 4.3 million shares of Orvana and about 1.13 million common…