News


COMMENTARY — Philippine mining struggles

The glitter is fast fading from the Philippines’ once-thriving mining industry, which is slowly being strangled by excessive taxation, ambiguous policies and sagging prices abroad. “The death bell is …




Antares drilling three Zimbabwean properties

Drilling by Antares Mining and Exploration (TSE) between the 150- and 610-metre levels of the Black Cat zone has resulted in an inferred resource estimate of 250,000 tonnes averaging between 4.35 and …



NEWS ROUNDUP — Republic to raise over $1 million

A private placement of 300,000 units has been negotiated between Republic Goldfields (VSE) and a non-resident, private investor. Each unit consists of one common share and one non-transferable warrant…



Denison in lawsuit over reclamation costs

Things went from bad to worse this week for a troubled Denison Mines (TSE). After obtaining a short-term reprieve from its creditors, the company was notified that the provincial Ministry of Environme…



Tri Origin finds sulphide zone

A wholly owned Australian subsidiary of Tri Origin Exploration (TSE) has intersected a sulphide zone 600 metres south of the main deposit at the Lewis Ponds project in New South Wales. Holes 23, 25 an…


Aurizon posts first revenues

Junior gold producer Aurizon Mines (TSE) reported revenues for the first time in its history. In 1993, total revenue was more than $5.7 million, representing six months of operations from the company’…


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