News

Raul Madrid appointed president.

Michael Bates appointed president, Lac North America.

John Azlant elected senior vice-president, corporate development.

J. Potvin appointed director.

Information-starved investors received additional results from ongoing exploration at the Lac de Gras camp in the Northwest Territories. The joint venture of Dia Met Minerals (TSE) and BHP Minerals re…

A US$8.75 runup in the price of the yellow metal over the course of the report week pushed the senior gold equities higher once again. Typical of the gold group were American Barrick, up $1.50 to just…

Week’s Price (US) Change Gold* $385.90 + $8.75 Silver* $ 5.10 + $0.14 Platinum* $385.25 + $8.50 Nickel** $ 2.35 + $0.09 Lead** $ 0.21 + $0.01 Copper $ 0.78 + $0.02 Zinc $ 0.44 – $0.01 Courtesy of Scot…

There will be at least one new diamond mine in the Northwest Territories within the next five years. That was the prediction offered at a conference on exploration for diamonds, held recently at Queen…

Copper producer Metall Mining (TSE) is significantly reducing its stake in MIM Holdings of Australia. The Toronto-based company is selling 100 million shares of MIM at A$2.35 per share, which will res…

Now that Rembrandt Gold Mines (ASE) has a 100% interest in the Polaris Taku gold property in northwestern British Columbia, International Precious Metals (IPM) is proceeding with plans to sue several …

Producer TVX Gold (TSE) is set to acquire an Ecuadoran gold property from La Direccion de Industrias del Ejercito (DINE), a state-owned company which participates in the private sector. The Pachicutza…

Producers of industrial minerals have a tough row to hoe. Besides exploring for deposits, many are forced to search out new markets for their products. Privately owned Mountain Minerals exemplifies th…