The overall value of Canada’s mineral production fell by 12.3% in 1998 to some $44.3 billion, according to Natural Resources Canada. Significant declines in world prices for major minerals and metals …
Following months of deferment, Canada’s Atomic Energy Control Board has approved an operating licence that permits the McClean Lake uranium project in northern Saskatchewan to begin producing yellowca…
Mining consulting firm Kvaerner has signed a US$170-million deal to design and build a mining and solvent extraction-electrowinning operation at the El Tosoro project in Chile.According to Kvaerner’s …
Metallurgical tests on material pulled from the NorthMet copper-nickel project in northern Minnesota are returning encouraging results for PolyMet Mining (POM-V).The bio-leach testing is being carried…
63.69 (+3.36)
The Toronto Stock Exchange fell slightly over the period ended June 15, giving up modest gains made in the previous five trading days. The TSE 300 composite index was 71.88 points lower at 6,865.82, a…
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At their annual meeting, shareholders of Denver-based Prospex Mining (PRM-V) approved of a merger with Montreal-based Semafo (SMF-T.UNDER THE MERGER PLAN, PROSPEX WILL BECOME A WHOLLY OWNED SUBSIDIARY…
In its first venture outside Spain, Rio Narcea Gold Mines (RNG-T) is confirming the presence of high-grade gold mineralization.In October, Rio Narcea acquired an exploration licence covering the 440-s…
The Diavik diamond project in the Northwest Territories is one step closer to development, following a draft report by the federal government which indicates that environmental or socio-economic probl…
Based on the results of a positive prefeasibility study, partners Iamgold (IMG-T) and Anglogold (AU-N) of South Africa have started financing discussions for the Yatela gold deposit in Mali.The projec…
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