The dawning of the Canadian diamond industry and all it entails is upon us. Unfortunately, most Canadian and U.S. investors are not fully aware of the opportunities and pitfalls of the gemstone busine…
Monopros has intersected a fifth kimberlite at the Victoria Island diamond project in the Northwest Territories.The De Beers Consolidated Mines (DBRS-Q) subsidiary can earn a 51% interest in the 809,3…
Milk producers do it, along with egg farmers. Wheat farmers do it (though some would rather not), while oil producers tried to do it, but weren’t disciplined enough to suceeed. Microsoft’s Bill Gates …
A new agreement among 16 West and Central African nations will benefit the business practices of western mining companies operating in the region, according to Price Waterhouse.The Organization for th…
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The Dow Jones Industrial average was up 168.90 points (or 1.9%) over the report period June 24-29 to close at 8,997.36 in pre-holiday trading.Mining issues were mixed, with a few more losers than gain…
In a departure from its focus on gold exploration, Seahawk Minerals (SKM-V) has acquired an emerald property in Brazil.The company is putting together a land package south of Belo Horizonte in Minas G…
The Vancouver Stock Exchange composite index remained relatively unchanged over the holiday-shortened report period of June 24-29, slipping just one-fifth of a point to close at 532.24. The mining ind…
Drill results from the O’Brien gold property in Quebec’s Cadillac Twp. are stimulating the exploration efforts of Radisson Mining Resources (RDS-M).The junior is earning a half-interest in the past pr…
Though still committed to diamond exploration in California, Ateba Mines (ABM-A) has entered the environmental cleanup business through a newly acquired subsidiary, Claytech Environmental Services.Ate…
Poplar Resources (PPX-V) and its partner have been granted a mining permit to begin operations at the Aardvark diamond projectin South Africa’s Orange Free State.The permit, which was granted to Popla…
Earnings of Aur Resources (AUR-T) fell during the first quarter, but the company managed to post a profit despite slumping base metal prices.Aur earned $400,000 (or 1 cents per share) on revenue of $2…
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