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Pioneer Metals pins hopes on Riou Lake

Vancouver-based junior Pioneer Metals (PSM-T) is using results from a recently completed electromagnetic survey on its Riou Lake property in the Athabasca Basin of northern Saskatchewan to pinpoint ar…





LATIN AMERICA — Cerro Samenta dispute settled

A recently signed agreement between Mansfield Minerals (MDR-V) and Corriente Resources (CTG-T) has marked the end of a legal dispute over ownership of the Cerro Samenta copper property in Argentina.Th…



Bre-X action names Barrick

Claiming that Barrick Gold (ABX-T) knew as early as October 1996 that Bre-X Minerals’ Busang gold deposit was a hoax, lawyers representing shareholders in a class-action suit have named the gold produ…


Franco buys Stillwater royalty from Johns Manville

In the biggest acquisition in company history, Franco-Nevada Mining (FN-T) purchased Johns Manville’s last remaining royalty interest in the Stillwater platinum-palladium mine in Montana.The Toronto-b…


Crystallex blames short sellers for share erosion

When doubts surfaced a year ago that Bre-X Minerals had only fool’s gold at Busang, the company blamed short sellers and a “well-oiled misinformation campaign.” Management of Crystallex International …


Royal Oak finds savior

Royal Oak Mines (RYO-T) has obtained US$120 million to help finance the completion of the Kemess gold-copper mine in north-central British Columbia.Toronto-based Trilon Financial came to the rescue, a…



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