News

The Bridge prospect at the El Tambor property in Guatemala.

Radius advances Tambor project

Vancouver — Radius Explorations (RDU-V) has tabled more impressive trench results from its Tambor gold project near Guatemala City.The ongoing program is designed to assess the grade and geometry of …


New economy meets old realities

Warren Buffett, chairman of holding company Berkshire Hathaway, just announced he’ll be staying out of the U.S. stock market until “businesses sell for less in the market than they’re worth.”People us…


Klipspringer moves forward

SouthernEra Resources (SUF-T) has inked a new deal with partners De Beers Consolidated Mines (DBRSY-Q) and an affiliated black empowerment group in order to advance the Klipspringer diamond project in…



Radius among few bright spots in gloomy week

Vancouver — The Canadian Venture Exchange finished the report period ended March 27 lower at 2,988.71, off 23.76 points, or 0.8%. The mining index lost 97.07 points, or 1.6%, to close at 6,074.70.Rad…


FMR expands Agnico-Eagle, Meridian holdings

The following insider trading transactions were recently reported in the Ontario Securities Commission’s OSC Bulletin:- Agnico-Eagle Mines (AGE-T) — FRM Corp., which owns more than 10% of the company…


Aussie miner seeks damages from contractor

Denver — Australia’s Equatorial Mining has filed suit against consulting giant Kvaerner, seeking US$145 million in damages after the Tonopah copper mine in southern Nevada failed to live up to expect…


KEGS funds Limion scholarship

The Canadian Exploration and Geophysicists Society (KEGS) has announced a geophysical scholarship in the name of Heikki Limion, a chief geophysicist for Toronto-based Newmont Exploration, who died in …


New Mooikloof target for De Beers, Vaaldiam

Sampling on three follow-up grids by Vaaldiam Resources (VRL-V) has turned up a new kimberlite target on the Mooikloof property, situated along South Africa’s border with Botswana, about 350 km north …


Ominous signs for copper, nickel

The report period March 12-16 was a poor one for base metals as turmoil in international equities markets spilled over into sharp price falls across the whole of the complex. Aluminum was hardest-hit,…



Tracey Savein, South Paw productionsDonald Birak of Hudson Bay Mining & Smelting receives the Prospector of the Year Award from John Steele, president of the PDAC.

PDAC showcases global mining

Delegates attending the annual convention of the Prospectors & Developers Association of Canada (PDAC) in Toronto seemed more optimistic about their industry’s prospects, despite weakness in metal pri…


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