News

Michael Cramb appointed chief executive officer and director.

Thomas Vehrs appointed president and chief operating officer.

Brian Peckford appointed interim president and chief executive officer.

Although large, high-grade deposits recently drilled on the seafloor 200 miles west of Vancouver Island are unlikely to be developed in the near future, they nonetheless provide valuable insight into …

The Alberta Stock Exchange (ASE) has filed a notice of hearing against Naxos Resources and its president, Jimmy John.Trading in the company’s shares has been halted since May 1996.The notice alleges v…

Idaho-based Fischer-Watt Gold (FWGO-O) has tripled proven and probable reserves at its Limon gold mine in northwestern Colombia.The figure now stands at 99,400 tonnes grading 16 grams gold per tonne, …

London Metal ExchangeMidday bid-ask prices in $US per tonneDateMar. 18Mar. 17Mar. 14Mar. 13Mar. 12…

The Vancouver Stock Exchange composite index was down slightly over the report period ended March 18, losing 21.48 points to close at 1,325.7. The resource index was off 54.5 points to finish at 2,463…

In early March, the Prospectors & Developers Association of Canada (PDAC) hosted what has become the foremost mining conference and exhibition in the world.This is no small accomplishment for an organ…

Goldbelt Resources (GDB-V) has discovered a porphyry copper-gold deposit at its Berezky Central prospect in northeastern Kazakstan.The discovery was made following a 2,100-metre, 11-hole drill program…

ALUMINIUM: LME settlements US$1,610 per tonne, alloy $1,510 per tonne (Mar. 18/97).ANTIMONY: Composite free market, US$2,175 per tonne (Mar. 18/97).BISMUTH: Composite free market US$3.15 per lb. (Mar….

Near-surface diamond production at the Tongo Fields project in Sierra Leone will enable Rex Diamond (RXD-T) to fund development of an underground mine at the site.Rex will soon be producing diamonds f…