News

Making the acquisition make sense

Brazil is the world’s fifth-largest country by area, with 8.5 million sq. km (3.2 million sq. miles) of territory, and its mineral and precious metal deposits are extensive. The country produces subst…


Auger drilling by Vaaldiam Resources at the newly discovered Clara pipe in the southern block of the Pimenta Buena property in Brazil's Rondonia state. The discovery is significant in that it is the first pipe on the property found by drilling an electromagnetic anomaly, rather than a more-typical magnetic anomaly.

News – 21-FEB-05

Vancouver — The search for diamond-bearing kimberlites in Brazil has been ongoing for at least 40 years, but success has so far proved elusive….


Fortune turns for Jacobina

The Jacobina gold district of Bahia state, Brazil, is one of those famed areas like Kalgoorlie in Western Australia or the Porcupine in Ontario: everybody knows all about them — or to be more precise…



Africa and strawberry jam

I spent the summer of 1936 in Africa with Prof. Haultain, who taught mining engineering at the University of Toronto. It took 21 days to sail from New York City to Cape Town on a steamer….


TSX thrives as golds rebound

The Toronto Stock Exchange continued 177.35 points higher to 9,570.03 during the Feb. 9-15 report period. Much of the increase is due to the miners, with the gold index rebounding to the tune of 11.2…


Stronger gold rallies junior explorers

The recovery in gold prices triggered a trading surge in TSX-Venture board exploration companies. The S&P-TSX Venture Composite Index closed at 1892.93 at the end of the Feb. 9-15 period, its high…



BHP Billiton’s profits soar

The report period ended Feb. 15 was punctuated by the world’s biggest mining company’s banking the world’s biggest mining profit. For the second half of 2004, BHP Billiton posted re…


Douglas Ruttan

Doug Ruttan got to know Canada’s bush country in the most basic of ways: for 40 years he hiked and snow-shoed through it, camped in it, flew over it in bush planes, canoed, and boated across its many…


Renard 2 shows promising grade

With the latest batch of bulk-sample results in hand for Renard 2, Ashton Mining of Canada (ACA-T) and partner Soquem have met their goal of recovering at least 3…


Aquiline offered $100,000 to end suit

Vancouver — With the rising stakes at the Navidad property in Chubut province, Argentina, IMA Exploration (imr-v) appears to be getting more anxious to settle what it is calling an…


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