News


NEWS ROUNDUP — Cambior buying all of Grevet

The jointly owned Grevet zinc project southeast of Matagami, Que., will soon have one proprietor. Toronto-listed Cambior has reached an agreement (subject to regulatory approval) with Serem-Quebec to …


EDITORIAL PAGE — Mild relief for juniors

It took the Prospectors and Developers Association of Canada one and one-half years of quiet, behind-the-scenes diplomacy and just plain jawboning, but the effort was worth it. The Ontario government,…


NEWS ROUNDUP — Cominco options western lead-zinc

Base metal miner Cominco (TSE) has optioned the Swan and Rap lead-zinc properties in the Omineca region of northeastern British Columbia from Stratabound Minerals (ASE). Cominco can earn an initial 51…




Gold coin sales on the upswing

Global sales of five leading international gold bullion coins increased by 56% during April and May compared with last year, the World Gold Council reports. Sales during the two months represented 270…



Eastern Stone buys Belrose interest

Toronto-based junior Eastern Stone Products (ASE) has arranged to buy the remaining 25% interest in Belrose Minerals in exchange for 500,000 Eastern common shares. Upon completion of the deal, Eastern…


Exroy granted full title to Ungava claims

After several lengthy appeals, the Supreme Court of Canada has finally granted Exroy Resources (CDN) full title to 43 claims in the Ungava nickel-copper belt in northern Quebec. The decision enables t…


NEWS ROUNDUP — Cambior to drill Polo Sur

Growing gold producer Cambior (TSE) reports assessing more than 450 projects in Chile during the past three years, its prime targets being copper and gold projects. Last year, the company purchased th…


Tanqueray options B.C. perlite mine

Calgary-based junior Tanqueray Resources (ASE) has acquired an option to buy the Frenier perlite mine in central British Columbia. The mine, near Clinton, has proven reserves of more than 450,000 tonn…


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