News

Ever since the Cassiar asbestos mine closed more than two years ago, this British Columbian town has been a shadow of its former self — until recently, that is when Cusac Industries (TSE) began breat…

Toronto-based TVX Gold (TSE) is optimistic about the coming year now that Inco (TSE), has sold the public its 61.8% stake in the company. The sale prompted TVX Chairman Eike Batista to assemble a new …

Two recent developments in Africa — the election of Nelson Mandela as the new leader of South Africa and the decision by the government of Ghana to sell a considerable chunk of the Ashanti mine — ar…

Toronto-based Tri Origin Exploration (TSE) has discovered a new zone at its Lewis Ponds polymetallic project in New South Wales, Australia. The mineralized structure exists below a major fault structu…

A drilling program is expected to get under way in mid-June on the Cone Hill property southwest of Williams Lake, B.C. Valerie Gold Resources (VSE) plans an initial 10,000 ft. of drilling, including e…

Reverse circulation drilling has been completed on the Elenita oxide copper project near Antofagasta, Chile. Princeton Mining (TSE) drilled 3,000 metres, including 23 holes, designed to test a series …

Long before West Africa caught the attention of mineral explorers and investors, Eden Roc Minerals (TSE) began searching for gold in the cocoa plantations and tropical jungles of Ivory Coast. Their se…

The annual meeting of Westmin Resources (TSE), held here recently, was anything but ordinary. Much of President Walter Segsworth’s address was punctuated by long bouts of heckling from various members…

Trenching on the Ponce Enriquez project in Ecuador is confirming the presence of widespread, low-grade gold mineralization for owner Zappa Resources (VSE). Soil sampling on the Guadalupe concession ou…

At a recent press conference in Toronto, International Platinum (TSE) unveiled a new exploration strategy for its prospect in La Paz Cty., Ariz. In recent weeks, two independent surveys — one by the …

Junior Cross Lake Minerals (VSE) has acquired a 79-claim property in Steele Twp., northeast of Timmins, Ont. The property is 22 miles west of the Normetal zinc-copper-silver mine which produced 11.1 m…

For the first time in more than a year, copper prices have started approaching the US$1-per-lb. level. At US93 cents, the price is roughly 20% better than last year’s low of US73 cents. Nickel has dis…