Now that its merger with Amax Gold is complete, Kinross Gold (K-T) is the fifth-largest gold producer in North America.Pursuant to the transaction, Kinross released from escrow 38.1 million subscripti…
According to an instruction by Azerbaijani President Heydar Aliyev printed in the local press, metallurgical enterprises belonging to the Metallurgiya holding company are to be privatized.The enterpri…
Environmentalists opposed to changing the boundary of the proposed Tuktut Nogait park in the Northwest Territories are waging a propaganda war against native Canadians. In doing so, they are snatching…
The bulk sampling of two diamond-bearing kimberlite pipes in the vicinity of the Ekati mine site development area has returned preliminary grades and valuations comparable to the five pipes slated to …
Montreal-based SNC-Lavalin, in a joint venture with Engineering Management Services (EMS) of South Africa, will manage the engineering, procurement and construction of the US$1.3-billion Mozal aluminu…
The newly formed Western Underground Mining Association (WUMA) will present the first Underground Mining conference, to be held June 18-19, during the 13th Elko Mining Expo in Elko, Nev.The conference…
By merging with Centenary Investments, diamond producer Redaurum (RRK-T) would acquire assets worth more than US$100 million, according to a valuation report by a Calgary-based consulting firm.Centena…
Silver demand was robust in 1997, exceeding supply from mine production and scrap recycling by 198 million oz. and effecting substantial reductions in bullion stocks, according a report released by Wa…
June 1, Int’l DamascusJune 1, NeutrinoJune 1, Pacific FalkonJune 1, Samax GoldJune 2, Eden RocJune 2, El CallaoJune 2, Golden QueenJune 2, GoldfundJune 2, GoldtrustJune 2, La TekoJune 2, LegionJune 2,…
An accident involving a truck on its way to the Kumtor gold mine in eastern Kyrgyzstan is causing headaches for Cameco (CCO-T) and may lead to a lawsuit or criminal proceedings.The truck, which was ca…
After a 6-year production hiatus, the Cassiar asbestos project in British Columbia is ready to begin producing chrysotile fibres once again.Operator Mineral Resources (MIC-T), which holds a 100% inter…
Aluminium: LME settlements US$1,340, alloy US$1,259 per tonne (May 26/98).Antimony: Representative mid-market US$1,490 per tonne (May 26/98).Bismuth: Representative mid-market US$3.75 per lb. (May 26/…
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