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PEOPLE AKIKO-LORI

Michael Levinson, Akiko Levinson, Hiroshi Ogata, Alphonse Schmit and Albert Raponi elected to the board of directors; J.P. Sorbera appointed vice- president in charge of mineral exploration.


PROFILE Hudgins attracts cash to the Maritimes

The East Kemptville mine, the only operating tin mine in North America, has attracted substantial investment to Nova Scotia. Playing a major role in the discovery of East Kemptville is prospector Avar…


North American gold equities are recommended

London-based brokerage house Barclays de Zoete Wedd is recommending investors focus on the North American gold sector in the short-to-medium term as opposed to Australian and South African gold equiti…



Tap Capital shifts focus to oil and gas

Toronto-based Tap Capital is continuing with a restructuring plan that will eventually see all of its mining assets sold to focus on its oil and gas businesses. Director Richard Scratch says the compa…


Small percentages will determine Stikine’s future

As a result of Placer Dome’s (TSE) unsuccessful attempt to acquire a controlling interest in Stikine Resources (TSE), Corona (TSE) and Placer remain practically tied in the race to dominate the Eskay …


Uranium price rise first in three years

The spot price of uranium underwent its first increase in three years in May when the range for bids and offers stood at US$8.90-9.35 per lb. U/c3h/O/c8h/, NUKEM reports. The company, which provides n…


Coxheath gets new funds from Ainsley

An option agreement has been signed between Coxheath Gold Holdings (TSE) and Toronto-based Ainsley Financial Corp. which will see the latter company invest $2.5 million to complete development of Coxh…



U.S. REPORT Gold slump forces cutback for Alta Gold

Weak gold prices are starting to take a toll on mining operations across North America, and heap leach mines appear to be no exception. For Alta Gold (NASDAQ), the combination of low gold prices and h…



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