News

Vancouver — Expensing of stock options put Silver Standard Resources (SSO-T) into the red last year by $1.5 million (or 3 a share), though that’s still an improvement over 2003, w…

Construction of the Jericho diamond mine in Nunavut is under way now that Tahera Diamond (TAH-T) has assembled all the pieces for the project….

Anvil Mining (AVM-T) is revising development plans at the Kulumaziba copper tailings project in the Democratic Republic of Congo after determining the resource is larger than previo…

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….