Peregrine Opens New Diamond District In Canada’s Far North
If Canadian diamond exploration was an event at the Winter Olympics, Peregrine Diamonds (PGD-T, PGDIF-O) would “own the podium.”
Volume 96 Number 3 - Mar 8 - 14, 2010
Cuervo Has Something To Crow About In Peru
SITE VISIT CUZCO, PERU — Iron ore explorer Cuervo Resources (FE-C) is a little company with big ambitions. Created in 2005 to look for iron ore in Peru, the Toronto-based…
Chilean Mines Mostly Unscathed
A massive earthquake that struck central Chile, 115 km northeast of Concepcion and about 325 km southwest of Santiago, on Feb. 27 has claimed the lives of at least 700 people and destroyed more than h…
Toronto Stock Exchange -Feb. 23-March 1
Positive economic indicators out of both the U.S. and Canada helped to keep the TSX composite index at respectable levels for the Feb. 23 -March 1 period. Canada reported that gross domestic product g…
TSX Venture Exchange -Feb. 23-March 1
After a shaky start the S&P/TSX Venture composite index ended the Feb. 23 -March 1 period on the up-and-up, leaving the board 9.14 points higher at 1,537.61. It seems Canadians were too distracted…
U.S. Markets -Feb. 23-March 1
Data showing that the economy grew better than expected in the fourth quarter, combined with a weaker greenback, which boosts the shares of exporters and makes dollar-priced metals less expensive for …
Domestic Vs. Foreign Exploration: Weighing The Risks And Rewards
VANCOUVER — Junior companies have showcased their discoveries at the Mineral Exploration Roundup for decades, with foreign finds often overshadowing domestic projects since the global expansion of the 1990s. While Canadian projects created…
Finland’s Many Virtues Lure Canadian Miners
In late December 2001, Inmet Mining (IMN-T) announced that it would acquire 100% of the Pyhäsalmi underground copper and zinc mine in central Finland for about 60 million euros (US$83 million).The transaction was completed in early 2002…
Antares’ Haquira Grows To 11B Lbs. Copper
VANCOUVER — A new resource estimate for Antares Minerals’ (ANM-V) Haquira copper-molybdenum- gold project in southern Peru has lifted the project’s contained copper count above 11 billion lbs., and p…
Higher Zinc Prices In 2011, Says Bank Of America Merrill Lynch
After languishing since 2007, demand for zinc is set to rebound over the next year and particularly in 2011 as the steel industry improves, analysts at Bank of America Merrill Lynch forecast in a Febr…
Defining Mining In Eritrea
SITE VISIT ASMARA, ERITREA — Despite brimming with geologic promise because of its location within the prolific Arabian-Nubian Shield, Eritrea has remained underexplored for years.Continued violence and turmoil in the young nation left the…
Magma Adds The Ounces At Thunder Bay North
The Thunder Bay North nickel-copper- platinum group metals (PGM) project in northwestern Ontario is a greenfields success story, and one of a series of higher-grade, base metal-PGM discoveries in the mid-continental rift region that wraps…