News

Nuclear mishap in Japan

Police in Japan are investigating an accident at a nuclear power reactor in Mihama, about 330 km west of Tokyo, that killed four workers and injured seven others. Police say there are indications safety may have been compromised in an effort to cu…



NovaGold delivers Galore Creek values

Vancouver — NovaGold (NG-T) has tabled a positive scoping study of its Galore Creek copper-gold-silver project in northwestern British Columbia, while confirming additional mineralization through drilling.


Defiance says adios Honduras

Proposed changes in Honduran mining regulations have prompted Defiance Mining (DM-T) to drop its option on the Zopilote gold property, in the western department of Santa Barbara.


Cleveland Cliffs settles contracts

Iron miner Cleveland-Cliffs (CLF-N) says workers at four operations it manages have ratified 4-year labour agreements that call for a 9% wage increase over the course of the deals. The contracts expire Sept. 1, 2008.


Taking action Down Under

Since 1996, a decline in spending on minerals exploration spending in Australia, coupled with significant structural changes to the industry, has reduced access to capital, expertise and other resources. As a result, the country has failed to resp…


Drills turn at Yamba Lake

Drilling has begun at Yamba Lake, near Yellowknife, N.W.T., where SouthernEra Resources (SUF-T) is hunting for diamonds.



Virginia upbeat at Eleanore

Virginia Gold Mines (VIA-T) reports impressive gold assays over minable widths from channel samples at the Eleanore project, 320 km north of Matagami, Que.



Higher recoveries for Minera Andes

Vancouver — Metallurgical testing on material taken from the Huevos Verdes gold-silver vein in southern Argentina has resulted in encouraging recoveries for 49-51 partners Minera Andes (MAI-V) and Mauricio Hochschild &…



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