Strong physical demand for metals continues
Base metal markets continued their upward thrust in September as investors bought and bought, ignoring any simultaneous rise in inventories on the London Metal Exchange (LME). Strong physical demand r…
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Pangea drilling at Fenn-Gib
Results from the first two holes of a 10,000-metre drill program on Pangea Goldfields’ (TSE) Fenn-Gib property near Matheson, Ont., suggest excellent down-plunge continuity of the West Deformation zon…
Crew renamed South Crofty
Shareholders of Crew Natural Resources (VSE) have approved a corporate name change to South Crofty Holdings, as well as a consolidation of shares on a 2-for-1 basis. The name change reflects the compa…
Noranda, Rhonda uncover northern copper deposit
Partners Noranda Minerals and Rhonda Mining (ASE) have discovered a new sediment-hosted copper deposit on the Epworth property, 120 km south of Coppermine, N.W.T. Exploration over the past three years…
DIAMOND SPECIAL — U.S. exploration targets include Crater of
It is not often that tourists will visit a park, pick up a shovel and pay a small fee for the privilege of digging all day. But that is exactly what happens at the Crater of Diamonds State Park in Ark…
Athabaska in option deal for Ladner Creek mine
Toronto-listed Athabaska Gold Resources (TSE) can acquire the assets of the Ladner Creek gold mine near Hope, B.C. The assets include a 1,500-ton-per-day gold processing mill and a tailings pond. Unde…
SEC moves to counter securities industry fraud
SEC Chairman Arthur Levitt told a congressional panel that the SEC will make the examinations over the next 6-8 months, Knight-Ridder reports. SEC will visit “scores” of securities branch offices duri…
Guiana Shield offers vast mineral wealth potential
Almost half of Venezuela is underlain by a mineral-rich, unglaciated, Precambrian-aged craton known as the Guiana Shield. This geological entity is analogous to the Canadian Shield and, until recently…
Kilometre 88 a teaser for juniors
Several years ago, Venezuela’s Kilometre 88 district was the place to be for junior companies hoping to discover a premier gold deposit. To date, however, new finds of the size and importance of Place…
EDITORIAL PAGE — Diamond hunt goes national
The feverish quest to find a diamond mine in Canada has spread from the Northwest Territories to cover much of the country, including northern Ontario. The diamond rush began in the Territories, north…
Latin American turnaround belies lost decade’ image
For many Americans, Latin America is still an economic backwater plagued by widespread poverty, runaway inflation and huge public debt. Yet to a large extent this image is out of step with reality. Am…
Crystallex’s Albino enters production
Vancouver-based Crystallex International (VSE) reported the commencement this month of gold production at its Albino open-pit mine in Venezuela. Albino is Crystallex’s first producing property. Output…