What might have been
To almost nobody’s surprise, the past week saw another controversial mining development stalled. On Dec. 10, Minera de Centro del Peru (better known as Centromin) gave notice it was terminating the ag…
News
Junior exchange slumps as investors take profits
Vancouver — Canada’s junior exchange took a hit over the week ended Dec. 16 as investors took profits prior to the Christmas holiday. The S&P-TSX Venture Exchange composite index lost 61.78 points, o…
EPA seeks co-operation from Teck Cominco
The U.S. Environmental Protection Agency could proceed with legal action against Vancouver-based Teck Cominco over pollution of a river system that straddles the U.S.-Canada border.The EPA alleges tha…
Southern Star places new shares
Southern Star Resources (SSR-V) has issued more than 1 million flow-through shares to raise $525,000 in gross proceeds.The shares were issued as part of a private placement closed in late November. An…
New zone at Wassa
Denver-based Golden Star Resources (GSC-T) has discovered a new zone of gold mineralization at its Wassa property in Ghana, fueling hopes that it will expand the resource.Studies into the feasibility …
Kalahari cuts gold at Lamaque (December 22, 2003)
Exploration drilling by Kalahari Resources (KLA-V) at the Lamaque property in northwestern Quebec has intersected some high-grade gold mineralization.Hole SX03-07 tested a down-plunge extension of a g…
Anaconda drills at Pine Cove
Drilling is under way at the Pine Cove project near Baie Verte, Nfld., where Anaconda Gold (ANX-V) is earning a 60% interest from New Island Resources (NIS-V).The partners plan to drill 1,500 metres o…
Manhattan dealt Tambo Grande blow (December 22, 2003)
Vancouver — The long road to developing the Tambo Grande massive sulphide property may have been dealt a final blow now that government-run Centromin Peru has terminated Manhattan Minerals’ (MAN-T) o…
Limousine Butte drilling turns up gold
Vancouver — Nevada Pacific Gold (NPG-V) reports impressive assay results from the first two holes drilled on its wholly owned Limousine Butte project, in Nevada’s White Pine Cty.The initial holes in …
Stealth moves ahead at Toodoggone
Vancouver — Stealth Minerals (SML-V) is exploring its land position in the Toodoggone region of north-central British Columbia.In the past year, the junior made three discoveries in the Toodoggone re…
Partners cut gold at Banderas (December 22, 2003)
Vancouver — Partners PilaGold (PRI-V) and Radius Explorations (RDU-V) intersected gold mineralization in all the 10 holes drilled recently at the Banderas project in eastern Guatemala.Eight of the ho…
Quebec’s Metanor makes trading debut
It’s that time in the gold cycle when IPOs start to sprout up. This month, Metanor Resources (MTO-V), a junior gold explorer in Quebec, is making its first appearance on the TSX Venture Exchange.Based…