Tombstone Park article fear-mongering
I was bemused to read the opinion by Vivian Danielson entitled “Yukon miners cry ‘foul’ over Tombstone park process” (T.N.M., March 6/00). Perhaps a better title would have been “Crusading Toronto pub…
News
Second Romanian dam breaks
A tailings dam at the Baia Borsa base metal mine in northwestern Romania has broken, sending more waste into the Tisza River, a tributary of the Danube.Like the tailings dam at the Baia Mare gold proj…
Robex nixes $300,000 financing Chinese venture to get cash infusion
Ste-Foy, Que.-based Robex Resources (RBX-M) says “technical reasons” forced it to cancel a $300,000 financing plan a little more than a month after it was announced.However, the company raised $500,00…
Fraud artists target Canadian mineral explorers
A Toronto mining executive is warning Canadian juniors against a scheme in which companies are promised introductions to European investors eager to own mining shares.William Burton, president of Toro…
Spot Prices (March 27, 2000)
Precious MetalsPrice (US$/oz.)ChangeGold$289.40+$0.70Silver$ 5.14+$0.06…
Virginia funded for programs in Quebec
Few juniors have generated as much exploration smoke as Virginia Gold Mines (VIA-T) or assembled a land package as prospective as that company’s 14 gold and base metal properties in northern Quebec. K…
Diamond Fields begins study
Diamond Fields International (DFI-T) is advancing its marine diamond concessions near Luderitz, Namibia, to the stage of final feasibility study.As part of the study, U.K.-based Seacore, a British mar…
CDNX cools off as tech rally weakens
Canada’s junior exchange slowed its bull run to a mere trot, posting only 29.44 points, or 0.67%, to finish the week ended March 21 at 4,404.89. The mining index kept a slightly faster pace, tacking o…
GREATEST VALUE TRADED, March 15-21
Exchg Val($000s)HighLowCloseChangeAlcoa*N 892947 69.19 61.75 68.31 + 7.06…
Global Diamond tests anomalies
San Diego, Calif.-based Global Diamond Resources (GDRS-Q) will investigate two aeromagnetic anomalies on its Caerwinning property in South Africa’s Northern Cape province.Ground geophysics, followed b…
Monument Bay drilling turns up more gold
Drilling by Thunder Bay-based Wolfden Resources (WOLF-C) continues to intersect gold mineralization in the known A and B Zone structures at the Monument Bay deposit in northeastern Manitoba.The progra…
St. Elias to drill Zona Verde
Channel sampling on the Cueva Blanca gold property in Peru is allowing St. Elias Minerals (SLI-V) to enhance a promising new gold zone.Situated in the northern portion of the property, the Zona Verde …