The U.S. Department of Justice is investigating the alleged submission of certain fraudulent mining claims in west-central Montana involving American Gem (GEM-T), its former chairman, Gregory Dahl, an…
ExchgVol(000’s)HighLowCloseChangeInco LtdT125095…
.BGUEST COLUMN/Bruce LeonardThe recent market decline has significantly impacted resource companies.Downsizings, closures, layoffs and reduced levels of operations have all made their mark. However, w…
At the recent Prospectors & Developers Association of Canada convention in Toronto, I had the opportunity to hear the Honourable Chris Hodgson, minister of Northern Development and Mines for the provi…
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 17Mar. 16Mar. 13Mar. 12Mar…
Initial sample testing by the Botswanan prospecting arm of De Beers Consolidated Mines (DBRS-Q) has turned up macrodiamonds in three of four kimberlite pipes discovered in 1997 by TNK Resources (TNKR-…
Prompted by the Bre-X Minerals debacle, the Commission des valeurs mobiliers du Quebec (CVMQ) has introduced new regulations designed to boost the credibility of mining companies in the Quebec securit…
ExchgVol(000’s)Close.ZSInco LtdT474227.20TVX Gold IncT…
Diamond production from the Aredor concession in Guinea provided Vancouver-based Trivalence Mining (TMI-V) with a healthy profit in the fourth quarter of 1997.Revenue from Aredor totalled $7.5 million…
By signing a letter of intent, Princess Resources (PRL-V) has enabled Dublin-based Arcon International Resources to gain a toehold entry into its exploration projects in China and Africa.Arcon will su…
Toronto-based Tyranex Gold (TXGI-C) intends to raise $10 million so that it can buy the Mineral Hill gold mine in Montana from TVX Gold (TVX-T).The deposit contains a drill-indicated minable reserve o…
Yamana Resources (YRI-T) has discovered a second high-grade gossanous zone at the Lejano silver prospect in southern Argentina, significantly expanding the known area of mineralization.Nineteen rock c…
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