Some of the smallest gem diamonds weigh no more than one-200th of a carat. They are known as “half-pointers.” Though not measuring much over a millimetre, stones half that size are also produced. They…
Partners Corner Bay Minerals (TSE) and Roycefield Resources have entered into an agreement with Freewest Resources (TSE) to explore a 167-claim property in New Brunswick. By spending $500,000 on explo…
Toronto-based Rio Algom emerged as one of the most active issues on The Toronto Stock Exchange during the week ended June 29, as British resource giant RTZ completed a second offering of 22.5 million …
The recent purchase of 248,500 shares of Swannell Minerals (VSE) by Major General Resources (VSE) gives Major General a 12.07% interest in Swannell’s issued and outstanding shares. Major General Presi…
Despite severe difficulties facing junior mining companies today, Tandem Resources (ME) is one that is really trying. Under the thumb of mining engineer S.G. Hawkins, there are no less than five activ…
To raise money for exploration on its diamond properties in Northern Ontario and Arkansas, Continental Precious Minerals (ME) has made a rights offering of one million units to its shareholders. Under…
Following the completion of a recent drilling program on the Aldebaran property in northern Chile, Arizona Star Resource (VSE) estimates reserves in all categories at 75.1 million tons grading 0.025 o…
MacDonald Mines Exploration (CDN) says it will postpone its annual meeting from the end of June to Oct. 16 to allow time to negotiate an agreement which could save the company. MacDonald President Mil…
An encouraging engineering report and economic evaluation of a gold and silver placer mining project on the Neuquen River in Argentina has been released by private company Aldermines Corp. of Toronto….
The first reverse circulation drill hole of a program testing a gold property on the Caribbean island of Aruba was completed recently, Auromar Development (VSE) and Monte Carlo Gold Mines (ASE) report…
A quarterly dividend is being considered by Southern Peru Copper, which owns and operates a pair of mines and a smelter in the southern region of Peru, employing 5,700 persons. Total dividend payments…
Nora Exploration (ME) and partner Placer Dome (TSE) have started a $650,000 exploration program to determine the extent of three gold-bearing zones on the Desjardins property north of Lebel-sur-Quevil…
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