As a commercial assayer, I am horrified at the panic created by the confusion over the assay results of Bre-X Minerals. The collapse of the company is an awesome example of what can happen when that l…
Boliden, the mines and metals business sector of Trelleborg of Sweden, has signed an agreement with Silver Eagle Resources (SER-V) to explore the junior’s Minera Serrana project and fund a Mexican exp…
For most investors, the world of junior mining companies is akin to the Twilight Zone, where it becomes virtually impossible to differentiate between reality and fiction. In the past year alone, we’ve…
Diamond drilling on the Bahuerachi copper oxide property in Mexico has yielded favorable results for equal partners Golden Rule Resources (GNU-T) and Tyler Resources (TYS-T).Situated in southwestern C…
Junior Messina Diamond (MSC.U-T) has received encouraging results from the first phase of exploration at its Liqhobong project in the south African country of Lesotho.The project consists of two kimbe…
Favorable results from exploration in 1996 have prompted partners Azco Mining (AZC-T) and Phelps Dodge (PD-N) to initiate a US$4.8-million program at the Piedras Verdes copper project in Sonora state,…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateApr. 1Mar. 31Mar. 28Mar. 27Ma…
The civil unrest that has enveloped Albania in recent weeks is taking its toll on foreign firms with investments there, including Nebex Resources (NBX-T), which has put all its operations on hold.The …
Toronto-based World Wide Minerals (WWS-T) has restarted the TGK uranium processing plant at Stepnogorsk in Kazakstan.The company is currently processing stockpiled uranium ore, from which it expects t…
A $5-million private placement will provide funds for Valdez Gold (VAZ-A) to explore various properties in Mexico, including the Altar Trend project in northwestern Sonora state.This project is immedi…
Trenching and drilling by Savanna Resources (SV-A) are scheduled to start this month at newly acquired claims in eastern Suriname.The company recently acquired exploration rights covering 130,000 ha i…
Adrian Resources (ADL-T) has raised $1.7 million by selling 500,000 of its shares to senior partner Teck (TEK-T).The major has until Jan. 21, 1998, to complete a bankable feasibility study for Adrian’…
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