Juniors shift to PGMs
With gold prices still hovering around US$300 per oz., exploration companies are increasingly seeking other commodities, including platinum group metals (PGM), according to a report published by Halif…
News
Tombstone Park article fear-mongering
I was bemused to read the opinion by Vivian Danielson entitled “Yukon miners cry ‘foul’ over Tombstone park process” (T.N.M., March 6/00). Perhaps a better title would have been “Crusading Toronto pub…
Band-Ore in Canadian diamond hunt
Toronto-based junior Band-Ore Resources (BAN-T) has launched airborne geophysical surveys at two of its diamond exploration properties in eastern Canada.At the 25-sq.-km GQ diamond property in Musquas…
Rockwell funds Brazilian project
Rockwell Ventures (RCW-V) has raised the remainder of the $2.2 million needed to begin development at its Pedra Blanca platinum group elements project in Brazil.Financing for the project was raised un…
Gold Fields, Outokumpu ink PGM deal
Gold Fields (GOLD-N) and Outokumpu will explore jointly for platinum group metals (PGMs) on a 14,000-ha property in north-central Finland.Two layered intrusive complexes are known to exist on the prop…
The Northern Miner — North American Mining Index (March 27, 2000)
81.66 (+6.82)(Sept. 30/98 = 100)…
Sunshine sees sparkle in Argentine play
Channel sampling at the Capricho massive sulphide project in Argentina has resulted in significant values for lead, copper and silver over a horizontal distance of 1,000 metres.The program, carried ou…
The Northern Miner — Small Producers Index (March 27, 2000)
61.79 (+2.82)(Sept. 30/98 = 100)…
Second Romanian dam breaks
A tailings dam at the Baia Borsa base metal mine in northwestern Romania has broken, sending more waste into the Tisza River, a tributary of the Danube.Like the tailings dam at the Baia Mare gold proj…
Robex nixes $300,000 financing Chinese venture to get cash infusion
Ste-Foy, Que.-based Robex Resources (RBX-M) says “technical reasons” forced it to cancel a $300,000 financing plan a little more than a month after it was announced.However, the company raised $500,00…
Fraud artists target Canadian mineral explorers
A Toronto mining executive is warning Canadian juniors against a scheme in which companies are promised introductions to European investors eager to own mining shares.William Burton, president of Toro…
Virginia funded for programs in Quebec
Few juniors have generated as much exploration smoke as Virginia Gold Mines (VIA-T) or assembled a land package as prospective as that company’s 14 gold and base metal properties in northern Quebec. K…