News

Junior Card Lake Resources (CDN) is set to consolidate its shares and change its name. If shareholders approve the move, 10 shares of the company will be exchanged for one share of Franc-Or Resources….

Privately owned Blue Falcon Mines has signed a deal with Development Trust of Zimbabwe whereby it can earn a 49% interest in 1 to 2 million acres of mineral lands held by the Trust. Blue Falcon Presid…

Synthetic rutile has been produced in bench-scale tests on ilmenite concentrates collected from the Natashquan heavy mineral sands property on Quebec’s north shore. Tiomin Resources (ME) developed the…

Free-trade agreements are catching on across Latin America. Mexico, Colombia and Venezuela have been negotiating a trading zone which, once in place, could attract new members such as Peru, Bolivia an…

Conrad Hache appointed president.

James Coleman appointed director.

Barry Dugal appointed director.

Gary Schellenberg elected director and appointed president; Garth MacDonald, Kenneth Ralfs and Joseph Tarnowski elected directors.

With a new mining law and a geological setting similar to that which hosts most of the major copper and precious metal deposits in northern Chile, Argentina is being touted as South America’s “last mi…

The Red Mountain gold-silver project near Stewart, B.C., is the best prospect in Canada for Lac Minerals (TSE), according to Michael Bates of Lac North America. The project was the scene of considerab…

The Ontario Securities Commission has issued a receipt for a final prospectus of 8 million special warrants of Minera Rayrock (TSE). Proceeds from the sale will be about $20 million, which Minera will…

Financing for the Nixon Fork gold project in west-central Alaska is close at hand. Consolidated Nevada Goldfields (NASDAQ) plans to offer a private placement of up to $25 million in convertible debent…