News

Drill results boost re-listed Philex

Less than three weeks after being delisted from the Toronto Stock Exchange for failing to meet the required $2-million market capitalization, Philex Gold (PGI-V) has seen the market value of its stock…


Global Diamond recovers gemstones in South Africa

Trial mining by Global Diamond Resources (GDRS-O) has yielded gemstones that sold for an average price of US$1,443 per carat from the Grasdrif alluvial diamond property on the South African side of th…


Diamond Fields seeks funding for marine project

Armed with a positive feasibility study, Diamond Fields International (DFI-T) is seeking funding to bring its Namibian marine diamond project into production.The company is in discussions with banks a…


Brit gold sale clobbers miners

Denver — The Dow Jones industrial average fell 443.94 points, or 3.9%, during the report period ended Sept. 19 to close at 10,789.29 amid inflationary fears.The price of gold edged off slightly to US…


Viceroy looks to recovery in second half

Although it slipped into the red during the second quarter, Viceroy Resource (VOY-T) hopes to return to profitability in the second half of the year by increasing production and cutting costs.Viceroy …


Gowns and hard hats

The law is supposed to be based on precedent, and judges are supposed to rely on qualified experts and consider the public good when they weigh the arguments of defendants and plaintiffs. Yet when it …



Analyst keen on Red Dog

The Red Dog mine in northwestern Alaska is by far the world’s largest zinc deposit, a fact not lost on mining analyst Greg Barnes of Canaccord Capital.Following a recent tour of the site, Barnes issue…




F.P.O. Trans Hex launches global search for gems

Alluvial and marine diamond projects may not garner as much attention as primary ones, but their promise of higher quality gems has attracted a devout few, including Trans Hex International (THI-V).Si…


Wayside tables bonanza grades

The latest assay results from ongoing drilling by International Wayside Gold Mines (IWA-V) at its Bonanza Ledge discovery in north-central British Columbia have returned high-grade values over a strik…


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