The Vancouver Stock Exchange composite index stumbled again over the report period ended Nov. 18, dropping 57.24 points, or 7.6%, to close at 694.22. The mining index wasn’t any better off as it slid …
Gold mining at Mineral Ridge in Nevada, which got under way less than a year ago, has been temporarily halted by owner Cornucopia Resources (CNP-T).Cornucopia says it is closing the mine for three mon…
A 9-month loss for Goldcorp (G-T) has not dampened the company’s enthusiasm for expansion at its Red Lake operation in northwestern Ontario.Goldcorp’s losses for the nine months ended Sept. 30 were US…
Cyprus Amax Minerals (CYM-N) will proceed with the development of the Cerro Negro copper project, adjacent to its Cerro Verde copper mine in southern Peru.The projected cost of developing Cerro Negro,…
Privately owned Ivanhoe Capital has been awarded a contract to reopen the Chambishi copper mine in Zambia.The company will become the joint-venture partner of Zambia Consolidated Copper Mines (ZCCM), …
Despite labor unrest at its Sudbury division, Falconbridge (FL-T) managed to post some hefty profits in the third quarter, while advancing several projects.The base metal titan earned $23.5 million (o…
The author is outgoing president of the Mining Association of Canada. On the eve of his retirement from that Ottawa-based organization, he has written the following article at the request of Keep Mini…
Gold prices may be in a slump and nickel prices barely breathing, but Manitoba is still pushing ahead with its goal to boost mineral exploration by 50% by the year 2000 from 1993 levels. At the same t…
With the official opening of an underground test area, the Northern Ontario Centre for Advanced Technology (NORCAT) is fast becoming Canada’s premier proving ground for new mining technology.NORCAT, w…
The first diamond results from mini-bulk sampling of the K14 kimberlite at the Buffalo Hills project indicate a high variability in diamond content over relatively short distances in the kimberlite bo…
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A private placement of 5.6 million shares at a price of US30 cents each has netted US$1.7 million for privately owned Diamond Fields International.Proceeds will be used to resume exploration of the wh…
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