Rockwell completes due diligence
Junior Rockwell Ventures (RCW-V) has completed its due diligence review of the Pedra Branca platinum-palladium project in the northeastern Brazilian state of Cear.To earn a 60% interest in the proper…
News
Canyon Resources files ‘takings’ suit against Montana
Canyon Resources (CAU-X) has filed a “takings” lawsuit against the state of Montana, seeking to overturn the anti-cyanide initiative I-137, which put a halt to the development of the McDonald gold dep…
Anglo launches program at Aripuna
A Brazilian subsidiary of Anglo American plans to spend US$850,000 on a first-phase exploration program at the Aripuna project, a joint venture with Karmin Exploration (KARM-C).Aripuna is viewed as An…
Diavik environmental planning comprehensive, inclusive
The recently published letter by David Lovell, mayor of Yellowknife, N.W.T. (T.N.M., March 20-26/00), demonstrates a lack of understanding both of environmental regulations and the Diavik review proce…
Handy & Harman seeks protection after millions in gold disappears
U.S. precious metals refiner Handy & Harman has been forced to seek bankruptcy protection in federal court following the disappearance of US$12.5 million of gold from a vault in Peru.According to cour…
Pacific Rim advances Luicho
Ongoing surface sampling at the Luicho gold project in southern Peru is revealing an extensive and consistent multi-gram mineralized system with potential for hosting a large-tonnage, bulk-minable dep…
Tough times between the Gulf and the Pacific
Depressed gold prices are leaving producers little room for error these days, nowhere more so than in Mexico and Central America.Greenstone Resources, dead at the age of 17 years from financial asphyx…
Correction (April 10, 2000)
Imperial Metals (IPM-T), owner of the Similco mine, and Leader Mining (LMN-V) have signed an agreement-in-principle for the sale of that operation to Leader. Under current ownership, Similco is not sc…
Low prices take toll on gold mines
The prolonged slump in gold prices has taken its toll on a number of low-grade, bulk-tonnage gold projects in South America, leaving only a handful of robust projects able to survive the rocky road to…
NAME CHANGES (April 10, 2000)
Laurier Resources (LRI-V) has changed its name to Zarcan International Resources (ZRI-V) on a 1-new-for-1-old-share basis.
Radius advances Latin American gold prospects
With two previous discoveries under their belts in Central America, the principals of Radius Explorations (RDU-V) have turned their attention to two promising gold prospects: El Salitre, 15 km west of…
The Northern Miner — North American Mining Index (April 10, 2000)
76.99 (+1.58)(Sept. 30/98 = 100)…