PROFILE Parduhn pioneers bacterial prospecting
In the late 1950s, the Soviets were the first to study the viability of using soil bacteria to locate ore. Since then others have followed suit. Nancy Parduhn, president of Cereus Exploration Technolo…
News
Goldbelt drilling two Glen Auden bets
Drilling started this month on two gold properties under option to Goldbelt Mines (VSE) from Glen Auden Resources (TSE) in northern Ontario. The first property, comprising 219 claims, is in Moody Twp….
Montreal Exchange Freewest sparks rush
Judging by the improved volumes, investors have decided the time is right to play a more active role. For the week ended Feb. 5, daily trading volumes ranged between 6.1 million and 7.8 million shares…
New plays featured at Cordilleran Roundup
Just under 2,000 delegates attended the 8th annual Cordilleran Geology and Exploration Roundup held recently in Vancouver, B.C., to hear news of the latest discoveries and exchange informationon finan…
Tougher times ahead for metals markets
It wasn’t the best of years in 1990 for metals prices, but it wasn’t the worst, either. After the heady times of the late 1980s, precious and base metals began feeling the effects of a softening econo…
INSIDE Gold trends
Trends covering gold’s basic supply and demand appear to be positive for the metal’s price in the longer term. The boom in the yellow metal in the 1980s, marked by increases in reserves and production…
INSIDE Noranda bets
Ever on the lookout for new discoveries, the mineral exploration division of Canadian resources giant Noranda has taken on more than 20 grassroots projects in the United States across the northern Mid…
INSIDE Manitoba miner
A significant Canadian producer of copper and zinc, Hudson Bay Mining and Smelting has added nickel to its metals inventory. The Manitoba miner, which also produces precious metals in byproduct form, …
Global economy subject to winds of change
The past 12 months will figure prominently in history books. The momentous changes that have swept through Europe will alter the political face of the world as much as Saddam Hussein’s brazen invasion…
Stock performance keeps Barrick a front-runner
Staying ahead of the pack in a bear market isn’t an easy task, but Toronto-based gold producer American Barrick Resources (TSE) has been remarkably good at it. “Our stock performance has been better t…
Sphinx lists for trading on VSE
Quebec-based junior Societe Miniere Sphinx (ME) was recently listed for trading on the Vancouver Stock Exchange (symbol SYX.A). The company, with about 17.9 million shares outstanding, records interes…
Placer Dome interests extend to Papua New Guinea
Although Placer Dome (TSE) recently made two major North American acquisitions that promise to greatly increase its future gold production — the Mount Milligan property and a 45% interest in Stikine …