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Gold coin sales on the upswing

Global sales of five leading international gold bullion coins increased by 56% during April and May compared with last year, the World Gold Council reports. Sales during the two months represented 270…



Eastern Stone buys Belrose interest

Toronto-based junior Eastern Stone Products (ASE) has arranged to buy the remaining 25% interest in Belrose Minerals in exchange for 500,000 Eastern common shares. Upon completion of the deal, Eastern…


Exroy granted full title to Ungava claims

After several lengthy appeals, the Supreme Court of Canada has finally granted Exroy Resources (CDN) full title to 43 claims in the Ungava nickel-copper belt in northern Quebec. The decision enables t…


NEWS ROUNDUP — Cambior to drill Polo Sur

Growing gold producer Cambior (TSE) reports assessing more than 450 projects in Chile during the past three years, its prime targets being copper and gold projects. Last year, the company purchased th…


Tanqueray options B.C. perlite mine

Calgary-based junior Tanqueray Resources (ASE) has acquired an option to buy the Frenier perlite mine in central British Columbia. The mine, near Clinton, has proven reserves of more than 450,000 tonn…



Windy Craggy: 1958-’93

The owners of the Windy Craggy deposit in northwestern British Columbia will be demanding compensation of several hundred million dollars from the provincial government. Last week, the government expr…


Chesbar, Spirit in Venezuela

Two Montreal-listed companies, Spirit Lake and Chesbar Resources, plan immediately to explore their newly acquired La Salle concession in the Anacoco area of Venezuela. The option (30% for each compan…


CANMET signs European deal

A 3-year arrangement allowing for the exchange of information on environmental technologies has been signed by CANMET (Canada Centre for Mineral and Energy Technology) and the Commission of European C…


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