New York-listed Freeport-McMoRan Copper & Gold (NYSE) is expanding the overall copper-gold resource on its holdings in Irian Jaya province, Indonesia. The province constitutes the western part of the …
While fundamentals are still weak in several metal markets, supply side problems are causing prices to become increasingly volatile. Unexplained slowdowns in Chinese government-controlled exports are …
A deal has been approved whereby American Bullion Minerals (VSE) will acquire an 80% interest in the Red Chris copper-gold property in northwestern British Columbia. The junior will pay Falconbridge a…
Following a 4-month due diligence review, Pegasus Gold (TSE) has decided not to acquire El Condor Resources (VSE). Pegasus had offered to buy all the outstanding shares of El Condor for $7.50, payable…
By acquiring a 75% interest in the Oteros project in western Chihuahua state, Levelland Energy & Resources (VSE) has involved itself in a fourth property in Mexico. The cost of the 75% interest is $8,…
In a bid to diversify, Saskatchewan uranium producer Cameco (TSE) has signed a deal with the Kyrgyzstanian government to develop the Kumtor gold deposit in the eastern mountains of the former Soviet r…
Alberta-listed Detector Resources has inked a deal to earn a half interest in Wiscan Resources’ (TSE) Randall Lake gold property in northwestern Ontario. The 102-claim property is in the Opapimiskan L…
CDN-listed Metallica Resources has bought the Cuyuni I through VI concessions in Venezuela’s Bolivar state. The concessions, comprising 3,000 hectares, are in the historic alluvial mining camp known a…
Spokane, Wash.-based Pegasus Gold (TSE) plans to carry out underground exploration at the Diamond Hill property, 28 miles southeast of Helena, Mont. Diamond Hill hosts a steeply dipping skarn deposit …
Encouraging results are reported from winter drilling on the Fenn-Gib property, 20 km east of Matheson, Ont. In a 19,800-metre program, Pangea Goldfields (CDN) defined five zones of high-grade mineral…
A group of minority shareholders of Asbestos Corp. (TSE) has lost the first round in its legal battle against the province of Quebec, but it isn’t giving up the fight. The crux of the dispute, now bei…
Fortunately for the northern mining industry, the calm settling over “hot spots” such as Angola, Iraq and Somali has created easier access to Canada’s only civilian Hercules transport. Increased globa…
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