News

Vancouver — An in-house estimate suggests that reserves at the Zinkgruvan zinc-lead-silver mine in Sweden are smaller than previously calculated….

Vancouver — Kensington Resources (KRT-V) has arranged $35 million in financing to explore the Fort la Corne diamond project in central Saskatchewan….

Vancouver — In northern Manitoba, Alto Ventures (ATV-V) has assembled a land package prospective for shear-hosted and iron formation-hosted gold deposits….

Phelps Dodge (PD-N) has given its “million zero hours award” to four operations in recognition for having operated 1 million consecutive employee hours or more without a serious inj…

Sumitomo Metal Mining and Mitsui have forked over US$150 million for a 21% interest in Inco‘s (N-T) US$1.9-billion Goro nickel-laterite project…

A merger deal between Candor Ventures and Nustar Resources is complete now that the TSX Venture Exchange has approved the issuance of shares under the merger plan…

Vancouver — Drilling by Tenke Mining (TNK-T) at the El Bagual gold-silver property in southern Argentina has returned high grades….

Guyana Goldfields (GUY-T) has intersected significant gold while following the Rory’s Knoll area in a northwesterly direction at its Aurora property, 175 km west of Georgetown, Guya…

Vancouver — Royalty companies are as obsessed with reserve replacement as any other mining company, but in the grand scheme of things, they’re at the mercy of the operators of the mines in which they…

Vancouver — Coeur d’Alene Mines (CDE-N) is buying the silver production and reserves of the Endeavor zinc-lead-silver mine, near Cobar in central New South Wales, Australia….

West African gold producer Golden Star Resources (GSC-T) has inked an agreement with the state mining enterprise in Ivory Coast to acquire a 90% interest in the past-producing Afema…

Higher metal prices and increased production combined to swell revenues for nickel producer LionOre Mining International (LIM-T) in 2004….