News


Rhodes starts drilling at base metal project

Geophysical anomalies on the Captain base metal property 50 miles south of Bathurst, N.B., will be the target of a 1-rig drilling program by earn-in partner Consolidated Rhodes Resources (VSE). Rhodes…




Val d’Or, Bullion in new arrangement

Junior mining company Ressources Val d’Or (ME) plans to transfer its rights to 80% of the Vendome zinc project in the Val d’Or area of Quebec to private firm Bullion Monarch Canada Resources. The new …


Rouyn-Noranda sees growth in mining

Mining, and especially mining- related activities, are an expanding contributor to the economy of the Rouyn-Noranda district in Quebec, where minerals worth some $365 million were produced in 1989. Th…



INSIDER TRADING Pezim sells ahead of price decline

Murray Pezim may have had his wings clipped to some extent by an investigation into trading activity involving some of his companies. But the Vancouver promoter obviously hasn’t lost his sense of timi…


Soviet Union petitions western mining firms

The Soviet mining industry says it is open to offers from its western counterparts to generate new mining projects, update antiquated mining technology and reclaim metal from waste. At an east-west st…



Status of rhodium likely to increase

Rhodium will probably be upgraded to primary metal status as a result of this year’s surge in the rhodium price. At least two new mines in South Africa will probably concentrate on rhodium rather than…



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