Juniors shift to PGMs
With gold prices still hovering around US$300 per oz., exploration companies are increasingly seeking other commodities, including platinum group metals (PGM), according to a report published by Halif…
News
Rockwell funds Brazilian project
Rockwell Ventures (RCW-V) has raised the remainder of the $2.2 million needed to begin development at its Pedra Blanca platinum group elements project in Brazil.Financing for the project was raised un…
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…
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…