News


Crystallex’s Albino enters production

Vancouver-based Crystallex International (VSE) reported the commencement this month of gold production at its Albino open-pit mine in Venezuela. Albino is Crystallex’s first producing property. Output…


Guiana Shield offers vast mineral wealth potential

Almost half of Venezuela is underlain by a mineral-rich, unglaciated, Precambrian-aged craton known as the Guiana Shield. This geological entity is analogous to the Canadian Shield and, until recently…


New silver zone uncovered by Holmer at Cuban project

A new silver zone, known as the Loma Hierro prospect, has been discovered by Holmer Gold Mines (ASE) on its Dora Francisco project 30 km west of the city of Pinar del Rio in western Cuba. Trenching an…


NEWS ROUNDUP — Advanced work at Potts Falls

Toronto-listed Adex Mining will carry out advanced exploration of its Potts Falls gold project in Guyana. Auger and diamond drilling, as well as trenching, will be performed to follow up the results o…


ODDS’N’SODS — Kirkland Lake, then and now

Fifty-eight years after my first arrival in Kirkland Lake, Ont., I returned this past July to enjoy Blue Diamond Anniversary Week. In 1936, the first government-owned post office was yet to appear. A …


Rio acquires 25% royalty in Polaris lead-zinc mine

Metals producer Rio Algom (TSE) has bought all the shares in NCO Mines, which holds a royalty interest in production from the Polaris lead-zinc mine. NCO, a wholly owned subsidiary of North Canadian O…



Munk and Smith join Lac board

Following the recent takeover by American Barrick Resources (TSE), the board of directors of Lac Minerals (TSE) is changing. Peter Munk, chairman and chief operating officer of Barrick, and Robert Smi…


Eden Roc uncovers more soil anomalies

A soil geochemical survey conducted by Eden Roc Minerals (TSE) has uncovered several gold anomalies in a 9-by-12-km area north of the company’s Anuiri mine in Ivory Coast, West Africa. More than 22,00…



NEWS ROUNDUP — Western Copper ups Thermal interest

Vancouver-based Western Copper Holdings (TSE) has acquired 4.6 million common shares of Thermal Exploration from Queenston Mining (TSE). As a consideration, Western Copper has issued to Queenston 600,…


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