News

Matkin calls for overhaul of B.C. securities system

A report has called for a major restructuring of the system whereby securities are regulated in British Columbia. The final report of the Vancouver Stock Exchange and Securities Regulation Commission …


Int’l Platinum active in Arizona

Encouraging assays from an Arizona gold property has led International Platinum (TSE) to announce it is exercising its option to earn a 50% interest. International Platinum, whose partner in the proje…


Conwest becomes Granduc shareholder

Toronto-based Conwest Exploration (TSE) has gained an 18.1% direct interest in Granduc Mining (TSE) by buying 2 million shares of the junior gold producer. A further 815,330 shares were bought by Conw…


NEWS ROUNDUP — Golden Rule funds work at Komis

Junior Golden Rule Resources (TSE) will provide additional financing to Waddy Lake Resources (TSE) so it can explore and develop its Komis gold deposit in Saskatchewan. Golden Rule will advance up to …


NEWS ROUNDUP — Etruscan finishes reorganization

Junior Etruscan Enterprises (VSE) has reorganized. It has transfered to a new exploration company its interests in the Theirry copper-nickel mine, near Pickle Lake, Ont., and the Hackett River polymet…


NEWS ROUNDUP — Madsen expands Red Lake holdings

Two claim blocks north and west of its 169-claim property near Red Lake, Ont., have been acquired by Madsen Gold (TSE). The property holds the past-producing Madsen gold mine. Madsen bought the 57-cla…


Charlim raises drilling funds

Junior Charlim Explorations (VSE) has raised $495,000 in a flow-through financing. The Montreal-based company will spend 75% of the funds drilling its gold project on the Wrightbar property near Val d…


Vengold acquiring Mt. Kare stake

An agreement with an Australian mining company, Ramsgate Resources, sets the stage for Venezuelan Goldfields (TSE) to acquire up to 64% of the hardrock rights of the Mt. Kare gold property in Papua Ne…


EDITORIAL PAGE — Grave influence

That infamous Filipino couple, the Marcoses, held quite different views on investments. Wife Imelda’s portfolio was weighted heavily towards shoes (investment-grade, we’re sure; she reportedly stuffed…


EDITORIAL PAGE — Parliamentary gridlock

The nature of the debate in the House of Commons (we use the term “debate” loosely) during the first week of the new Parliament was not encouraging. For those of us concerned about Canada’s economic w…


COMMENTARY — Nuclear industry expectations

Since 1990, the demand for new nuclear capacity in Canada has diminished as a result of the economic recession, and heightened energy conservation by industry and consumers. Major utilities such as On…


Assessment work allocation changes proposed

If proposed changes to Ontario’s Mining Act become law, claim-stakers with small blocks of ground will gain an advantage and those who stake large blocks will lose one. Exploration expenses on a block…


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