News

Whitehorse Mining Initiative hailed a success

The signing of the Whitehorse Mining Initiative (WMI) Leadership Accord is a major achievement that will have a significant impact on Canadian mining practices and policies. That is the consensus of t…



Lithium may experience greater price competition

Lithium is in a class of its own. While almost every other metal is selling at substantially less than its 1973 price, lithium is doing the opposite. The 1993 price of lithium carbonate (in constant 1…



Monarch spreads its wings in El Dorado camp

In 1987, a company was listed on the London Stock Exchange in order to carry out gold exploration in Venezuela. Since then, Monarch Resources has invested more than US$80 million in the country and go…



Pangea drilling at Fenn-Gib

Results from the first two holes of a 10,000-metre drill program on Pangea Goldfields’ (TSE) Fenn-Gib property near Matheson, Ont., suggest excellent down-plunge continuity of the West Deformation zon…



Crew renamed South Crofty

Shareholders of Crew Natural Resources (VSE) have approved a corporate name change to South Crofty Holdings, as well as a consolidation of shares on a 2-for-1 basis. The name change reflects the compa…


Noranda, Rhonda uncover northern copper deposit

Partners Noranda Minerals and Rhonda Mining (ASE) have discovered a new sediment-hosted copper deposit on the Epworth property, 120 km south of Coppermine, N.W.T. Exploration over the past three years…


Caldera government imposes strict economic measures

Venezuelan Financial Affairs Secretary Luis Raul Matos has defended the strict economic measures taken recently to overcome the country’s financial crisis, saying the government was taking a “pragmati…


DIAMOND SPECIAL — Russian diamond output in decline

Major world diamond producer Russia produces about 95% of its diamond output from five mines. The country’s output has been falling for the past three years; analyst David Williamson Associates of Lon…


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