The big story of the Aug. 5-11 report period was the global market slump beginning Aug. 10. Fueling the bearish sentiments were continued worries about the economic climate in Asia, particularly Japan…
Despite weak gold prices, Aurizon Mines (ARZ-T) reported both record production and improved operating results for the quarter ended June 30.The Vancouver-based company boosted production to a record …
Milling operations have been temporarily suspended at the El Toqui zinc mine in southern Chile while operator Breakwater Resources (BWR-T) implements a development and optimization plan.During the 3-m…
Weak uranium prices have prompted World Wide Minerals (WS-T) to place the Dornod project in Mongolia on hold.The project is owned by World Wide’s 58%-owned subsidiary, Central Asia Uranium Company (CA…
Diamond drilling by Rubicon Minerals (RMX-V) has intersected massive sulphide mineralization at the Seal Bay property in northeastern Newfoundland. Two thousand metres were drilled in a 1-km-long-by-7…
Disappointed by results from a mini-bulk sample, Ashton Mining of Canada (ACA-T) has suspended sampling work at kimberlite K-91 on the Buffalo Hills project in north-central Alberta.A 35.87-tonne samp…
Another mining venture in the former Soviet Union has found its way to international arbitration proceedings.Archangel Diamond (AAD-V) filed a request with a Swedish arbitration institute in a dispute…
Glamis Gold (GLG-T) tightened its belt and boosted efficiency to squeak out a profit of US$203,000 (or 1 cents per share) during the first six months of 1998.Quarterly results were not as positive. Th…
Alberta EnergyAmerica Mineral FldsAnglo AmericanArchangel DiamondAriel ResArmada GoldAshton MiningAtna ResAurizon MinesAuspex MinBanff ResBanro ResourceBreakwater ResBYG Natural ResCaledonia MinCeltic…
Determined to define reserves to a minimum vertical depth of 150 metres, Gitennes Exploration (GIT-A) is pulling encouraging results from underground drilling at the Virgen property in northwestern Pe…
Though still in the black, Noranda (NOR-T) saw its second-quarter earnings dip by more than 50%.For the three months ended June 30, the major earned $28 million (10 cents per share) on revenue of $1.5…
Hudson Bay Mining & Smelting has announced a $17-million underground development program at its Chisel North zinc deposit near Snow Lake, Man.The company plans to drive a 2.6-km decline from the 140-m…
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