CDNX trading marked by volatility
Trading continues to be volatile on Canada’s junior exchange, though, at the close of the report period ended April 11, the Canadian Venture Exchange was sitting at 4,025.67, for a gain of 25.06 point…
Platinum Group Metals Ltd
Canaccord sees possible double in N. A. Palladium
New reserves and a production expansion at the Lac des les mine in northwestern Ontario promise to bring the small platinum group metals producer North American Palladium (PDL-T) into prominence foll…
Juniors shift to PGMs
With gold prices still hovering around US$300 per oz., exploration companies are increasingly seeking other commodities, including platinum group metals (PGM), according to a report published by Halif…
Mustang busy at East Bull Lake
Three more holes drilled at the East Bull Lake property, near Sudbury, Ont., have returned mixed results for Mustang Minerals (MMIN-C).Mustang is concentrating on two areas of the East Bull Lake intru…
Markets anticipating Chinese trends
The recent fund-led selloff has left the base metals markets heavily dependent on fundamental support. Over the next few weeks, movements in London Metal Exchange (LME) stocks and physical premium lev…
Inco cuts nickel at Kelly Lake
Nickel major Inco (n-t) has announced an initial resource figure for a major nickel and platinum-group-metals deposit discovered in 1997 at Kelly Lake, near Sudbury, Ont.The deposit holds an estimated…
Economic growth fuels inflation fears
Against a background of ever more positive economic data, base metal prices continue to disappoint. During the report period Feb. 21-25, aluminum and copper continued to trend downward; lead and zinc …
Price rally spawns PGM commodity play
A sustained rally in platinum and palladium prices has rejuvenated exploration for these rare metals and breathed some life into the sickly junior mining sector.Platinum rocketed past $500 recently wh…
SouthernEra tables feasibility for Messina
Following receipt of a bankable feasibility study, SouthernEra Resources (SUF-T) has closed the purchase of a 54% stake in Johannesburg-listed Messina Ltd., a subsidiary of Impala Platinum (Implats).M…
Eastmain, Quaterra to drill Abitibi extension
With $140,000 in hand from Quaterra Resources (QTA-V), Eastmain Resources (ER-T) is set to begin drilling on the partners’ Abitibi Extension project in northeastern Ontario.Targeting claim blocks in t…
EXPLORATION ’99 – Anooraq active in Bushveld Complex
Hunter-Dickinson-led Anooraq Resources (ARQ-V) stands to earn up to a 100% interest in a platinum exploration property in the Bushveld region of South Africa.The junior can earn an initial 70% interes…
EXPLORATION ’99 – Cantex eyes Queen of Sheba’s gold
Geologist Charles Fipke has traversed some of the most inaccessible parts of the globe in his search for mineral deposits, with his biggest success being the discovery of economic diamond deposits in …