News

Denver — Global Diamond Resources (GDRS-Q) has recovered three large gem stones at the Grasdrif alluvial diamond mine in South Africa.The largest of the stones measures 54 carats, while the smaller t…

The much-publicized takeover offer for De Beers Consolidated Mines (DBRSY-Q) has prompted mining analyst Roger Chaplin of Canaccord Capital to take a hard look at what the deal would mean for the comp…

Vancouver — Rockwell Ventures (RCW-V) continues to uncover new platinum group metal exposures at its Pedra Branca project, near Fortaleza in northeastern Brazil.The 998-sq.-km project is underlain by…

Junior Consolidated Jaba (JBA-V) has acquired the mineral exploration rights to explore for platinum group metals (PGMs) on 1,918 sq. km in the Argentine province of Chubut.Southwestern Gold (SWG-T) i…

Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have called off talks regarding a proposed merger and, instead, inked an agreement to develop Mountain Lake’s South African diamond asset…

With diamond exploration heating up in Manitoba, Valerie Gold Resources (VLG-V) has joined the fray and optioned a 165-sq.-km property, 35 km east of Gillam.The junior can earn a 100% interest in the …

The Taurus porphyry copper-molybdenum deposit in east-central Alaska, discovered in 1970, has made the rounds over the years. The latest to have a kick at the can is Guilford Brett’s Cusac Gold Mines …

The plunging technology stocks led the Toronto Stock Exchange downward over the report period Feb. 21-27, even as most other sectors moved higher. The TSE 300 composite index lost 170.99 points, or 2….

Continued exploration success by Agnico-Eagle Mines (AGE-T) at its LaRonde mine in Quebec has pushed up the global resource by 28% to a record 7.8 million oz. gold plus byproduct silver, copper and zi…

A US$138-million expansion of the Tintaya copper operations in southern Peru will take production beyond the current 90,000 tonnes per year, rising to 124,000 tonnes in 2002 and 130,000 tonnes in 2004…