COMMENTARY — Benefitting from transfer pricing
The Canadian government has been tightening up its transfer pricing regime in an effort to bolster the Canadian fiscal position.The price charged by one affiliate of a multinational to another, across…
News
Alberta kimberlites elude Lucero, New Claymore
Lucero Resource (LCR-V) has suspended drilling on the ITS property in north-central Alberta after failing to encounter kimberlite in the first six holes drilled to test five geophysical targets.All th…
Plata inks joint-venture deal at Hualilan
Buenos Aires-based junior Plata Mining (PMT-A) has signed an agreement with Chilean firm Exploracion y Desarrollo Minero (Explodesa) to form a joint venture for the exploration and development of Plat…
Russian public bitten by the gold bug
For Russians, whose government is desperately propping up the ruble, gold may soon have the same meaning as hard currency.Russian banks plan to boost sales of the yellow metal to members of the public…
Minera Andes set to drill Arroyo Verde property
Spokane, Wash.-based Minera Andes (MAI-A) has announced plans to drill the Arroyo Verde gold-silver prospect in eastern Chubut province, Argentina, in late July.Arroyo Verde is a joint venture with Pe…
LETTERS TO THE EDITOR — Levelling the diamond field for all players
The dawning of the Canadian diamond industry and all it entails is upon us. Unfortunately, most Canadian and U.S. investors are not fully aware of the opportunities and pitfalls of the gemstone busine…
African nations set standards
A new agreement among 16 West and Central African nations will benefit the business practices of western mining companies operating in the region, according to Price Waterhouse.The Organization for th…
EDITORIAL — Cartels may give way to cooperatives — New players in the sandlot
Milk producers do it, along with egg farmers. Wheat farmers do it (though some would rather not), while oil producers tried to do it, but weren’t disciplined enough to suceeed. Microsoft’s Bill Gates …
Magnesium Alloy kicks off Kouilou prefeasibility study
Having brought on board some experienced Russian and German consultants, Magnesium Alloy (MGAC.U-C) has begun a prefeasibility study at its Kouilou magnesium project along the coast of the Republic of…
DIAMOND PAGE — Partners plan drill program in NWT
A summer exploration program is set to commence at the Doyle Lake project in the Northwest Territories.Situated 280 km northeast of Yellowknife, the project is a joint venture held 60% by De Beers Con…
DIAMOND PAGE — Argyle mine expansion under way
The huge Argyle diamond mine in Western Australia is getting bigger.Argyle joint-venture partners Rio Tinto (RTP-N), Ashton Mining and the Western Australia Diamond Trust, have approved the developmen…
DIAMOND PAGE — SouthernEra sells diamond parcels
SouthernEra Resources (SUF-T) has sold several parcels of rough diamonds from its Klipspringer mine in South Africa and its Angolan alluvial operations.Over the past four months, Klipspringer has prod…